Forex Extreme Cross Scalping Strategy
Forex Extreme Cross 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 draws arrows on the chart, can send alerts and shows an on-chart panel. It has 11 settings, for example HMA Period (default 20), Risk to Reward ratio (default 3.0) and First av (default 5). 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 Extreme Cross Scalping Strategy
Forex Extreme Cross Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and shows several symbols in one panel. It has 11 settings, such as Hma period, Risk to reward ratio and First av. MQL source code included.
Files in the download: 00HMA_Color.mq4, 1.tpl, Daily Range Calculator.mq4, Heiken_Ashi_Ma.mq4, Heiken_Ashi_Ma_Bars.mq4, installation manual.txt, super signals v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Hma period | 20 | Period or timeframe used by the calculation |
| Risk to reward ratio | 3.0 | Risk per trade (percent of balance) |
| First av | 5 | |
| Second av | 10 | |
| Third av | 20 | |
| Ma metod | 1 | |
| Ma period | 3 | Period or timeframe used by the calculation |
| Dist2 | 21 | |
| Dist1 | 14 | |
| Sounds | true | Turn this alert on or off |
| Exitsounds | false | 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 · Dashboards & Scanners · Moving Average · MT4 Indicator · MQL4 Source Code