Forex Emas Price Action Scalping Strategy
Forex Emas Price Action Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price action (reading the candles themselves) and short scalping trades. It has 10 settings, for example note1 (default Change font colors autom), Bid Ask Colors (default False) and note2 (default Default Font Color). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 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 Emas Price Action Scalping Strategy
Forex Emas Price Action Scalping Strategy is an indicator for MetaTrader 4. It has 10 settings, such as Note1, Bid ask colors and Note2. MQL source code included.
Files in the download: AdventFX_SwingH_L.ex4, Ema's price action.tpl, Fib_Pivots_02.mq4, installation manual.txt, Magnified Market Price.ex4, Magnified Market Price.mq4, sf_trend_lines.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | False | Colour on the chart |
| Note2 | Default Font Color | |
| Font color | Black | Colour on the chart |
| Note3 | Font Size | |
| Font size | 36 | |
| Note4 | Font Type | |
| Font type | Arial Bold | |
| Note5 | Display the price in what corner? | |
| What corner | 2 |
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 · Price Action · MT4 Indicator · MQL4 Source Code