Forex Extreme Zone Scalping Strategy
Forex Extreme Zone Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to price zones drawn on the chart and short scalping trades. Its source code uses the Stochastic oscillator and moving averages. It has 13 settings, for example KPeriod (default 56), DPeriod (default 23) and Slowing (default 34). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Zone Scalping Strategy
Forex Extreme Zone Scalping Strategy is an indicator for MetaTrader 4 based on Stochastic and Moving Average. It has 13 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: ##Scalp_Assistant_.mq4, extreme scalping.tpl, sell zone fibs.mq4, installation manual.txt, new improved2-teknik1minitextreme.tpl, sell zone fibs.mq4, ##Scalp_Assistant_.mq4, trend_template_on daily_to assist_1minuteextreme.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 56 | Period or timeframe used by the calculation |
| D period | 23 | Period or timeframe used by the calculation |
| Slowing | 34 | |
| Slope | 2 | |
| Ma period | 55 | Period or timeframe used by the calculation |
| Ma type | 2 | |
| Fibo1 | 1 | |
| Fibo2 | 2 | |
| Fibo3 | 3 | |
| Fibo4 | 4 | |
| Fibo5 | 5 | |
| Fibo6 | 6 | |
| Fibo7 | 7 |
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 · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code