Forex Easy Buy Sell Scalping Strategy
Forex Easy Buy Sell Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 32 settings, for example Ma Period (default 6), Ma Metod (default 2) and Ma Period2 (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 8 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 Easy Buy Sell Scalping Strategy
Forex Easy Buy Sell Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 32 settings, such as Ma period, Ma metod and Ma period2. MQL source code included.
Files in the download: AFS.ex4, Bars2.mq4, bb-squeeze.mq4, Deep Bar Indicator.ex4, easy scalping.tpl, Fractals Arrows.mq4, installation manual.txt, Time zone Trading.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 6 | Period or timeframe used by the calculation |
| Ma metod | 2 | |
| Ma period2 | 2 | Number of bars in the calculation |
| Ma metod2 | 3 | |
| Draw histo | true | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Note ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 20 | |
| Kelt factor | 1.5 | |
| Mom prd | 12 | |
| Max bars | 500 | |
| Period rsi | 14 | Number of bars in the calculation |
| Price | 0 | |
| Length | 16 | |
| Length m1 | 7 | |
| Length m5 | 9 | |
| Length m15 | 12 | |
| Length m30 | 15 | |
| Length h1 | 15 | |
| Length h4 | 15 | |
| Length d1 | 15 | |
| Length w1 | 15 | |
| Length mn1 | 15 | |
| Displace | 0 | |
| Filter | 0 | |
| Color | 1 | Colour on the chart |
| Color bar back | 1 | Colour on the chart |
| Deviation | 0.0 | |
| Colour changing alert | FALSE | Turn this alert on or off |
| Colour changed alert | TRUE | Turn this alert on or off |
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 · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code