Forex Force Light Scalping Strategy
Forex Force Light Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 35 settings, for example note1 (default Change font colors autom), Bid Ask Colors (default False) and note2 (default Default Font Color). 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 Force Light Scalping Strategy
Forex Force Light Scalping Strategy is an indicator for MetaTrader 4 based on 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 35 settings, such as Note1, Bid ask colors and Note2. MQL source code included.
Files in the download: ###Gann_HiLo_Activator_v2###.ex4, ATM_Pure_Market_Price.mq4, Candle Time & Spread.mq4, ichi360v8.ex4, installation manual.txt, MA ribbon filled_Alerts.mq4, MJ Regression Channel.mq4, Moving Average, Gann Hilo and ichimoku.tpl ….
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 | 26 | |
| Note4 | Font Type | |
| Font type | Arial Bold | |
| Note5 | Display the price in what corner? | |
| What corner | 3 | |
| Last digit diff | 10 | |
| Clock color | DimGray | Colour on the chart |
| Corner placement | 1 is top right 3 is bottom right | |
| Corner | 3 | |
| Ma1 period | 20 | Period or timeframe used by the calculation |
| Ma1 method | MODE_SMA | |
| Ma1 price | PRICE_CLOSE | |
| Ma2 period | 55 | Period or timeframe used by the calculation |
| Ma2 method | MODE_SMMA | |
| Ma2 price | PRICE_CLOSE | |
| Show arrows | true | |
| Arrow width | 2 | |
| Small color | Maroon | Colour on the chart |
| Big color | MidnightBlue | Colour on the chart |
| Lb | 3 | |
| Ssl ma method | 0 | |
| Ssl bar level | 50 | BarLevel 10-90 |
| Alerts on | false | Turn this alert on or off |
| Alerts message box | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts sound file | TP1M.wav | enterSoundFile |
| Alerts email | false | Turn this alert on or off |
| Alerts after bar close | false | Turn this alert on or off |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 |
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) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code