Forex Esignals Intraday Scalping Strategy
Forex Esignals Intraday Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses moving averages. It can send alerts and is set up for gold. It has 40 settings, for example Bands Period (default 20), Bands Shift (default 0) and Bands Deviations (default 2.0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 19 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 Esignals Intraday Scalping Strategy
Forex Esignals Intraday Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message and is set up for gold (XAUUSD). It has 40 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: AUD_USD.tpl, Bands.ex4, Bands.mq4, CandleCountdown.ex4, CandleCountdown.mq4, energy-trade.ex4, eSignals-S_MMS_pro.ex4, eSignals-S_Reload.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 20 | Bands Period |
| Bands shift | 0 | Bands Shift |
| Bands deviations | 2.0 | Bands Deviations |
| Right shift from bar | 4 | Bar shift (0 = current bar) |
| Hma period | 20 | Period or timeframe used by the calculation |
| Hma price type | 0 | |
| Hma method | 3 | |
| Normalize values | TRUE | |
| Normalize digits plus | 2 | |
| Vertical shift | 0 | Bar shift (0 = current bar) |
| Period | 0 | Period or timeframe used by the calculation |
| Linewidth | 2 | |
| L rlength | 34 | bars back regression begins |
| L rc | Orange | |
| Stdchannel1 | 0.618 | 1st channel |
| C1 | Gray | |
| Stdchannel2 | 1.618 | 2nd channel |
| C2 | Gray | |
| Stdchannel3 | 2.618 | 3nd channel |
| C3 | Gray | |
| Liness on | true | |
| Show half lines | true | |
| Show quarter lines | true | |
| Main lines | Main lines(1.28000) Settings: | |
| Main lines max tf | 10080 | |
| Main lines color | C'220,210,255' | Colour on the chart |
| Main lines style 01234 | 0 | |
| Main lines width 12345 | 1 | |
| Half lines | Half_Lines(1.28500) Settings: | |
| Half lines max tf | 240 | |
| Half lines color | C'202,220,240' | Colour on the chart |
| Half lines style 01234 | 0 | |
| Half lines width 12345 | 1 | |
| Quarter lines | Quarter_Lines(1.28250) Settings: | |
| Quarter lines max tf | 60 | |
| Quarter lines color | C'210,240,210' | Colour on the chart |
| Quarter lines style 01234 | 0 | |
| Quarter lines width 12345 | 1 | |
| LB | 3 | |
| Max bars for period | 1000 | Period or timeframe used by the calculation |
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 · Alerts · Gold (XAUUSD) · Moving Average · MT4 Indicator · MQL4 Source Code