Forex Dynamic Dash Scalping Strategy
Forex Dynamic Dash Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to short scalping trades. Its source code uses moving averages. It draws arrows on the chart, can read another timeframe and shows an on-chart panel. It has 21 settings, for example Risk to Reward ratio (default 3.0), Period1 (default 5) and Period2 (default 13). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 13 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Dynamic Dash Scalping Strategy
Forex Dynamic Dash Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart, can show data from another timeframe (MTF) and shows several symbols in one panel. It has 21 settings, such as Risk to reward ratio, Period1 and Period2. MQL source code included.
Files in the download: !_rdb_Trendsignal_mtf.ex4, #Pivot-point-vTEXT-v2.ex4, (T_S_R)range2 .ex4, (T_S_R)range2 .mq4, -1M scalping system.tpl, 3_Level_ZZ_Semafor.ex4, 3_Level_ZZ_Semafor.mq4, AllAverages_v2[1].1.Lb_mtf.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Risk to reward ratio | 3.0 | Risk per trade (percent of balance) |
| Period1 | 5 | Number of bars in the calculation |
| Period2 | 13 | Number of bars in the calculation |
| Period3 | 34 | Number of bars in the calculation |
| Dev step 1 | 1,3 | Distance between orders |
| Dev step 2 | 8,5 | Distance between orders |
| Dev step 3 | 13,8 | Distance between orders |
| Symbol 1 kod | 140 | |
| Symbol 2 kod | 141 | |
| Symbol 3 kod | 142 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma period | 4 | Period or timeframe used by the calculation |
| Ma method | 3 | |
| Price | 1 | |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Show lables | true | |
| Label size | 8 | |
| Label col | DarkOrange | |
| Note price | 0C 1O 2H 3L 4Md 5Tp 6WghC: Md(HL/2)4,Tp( | |
| Ts fper | 20 | |
| Level | 0 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Scalping · Buy/Sell Arrows · Multi-Timeframe (MTF) · Dashboards & Scanners · Moving Average · MT4 Indicator · MQL4 Source Code