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Forex Force Setup Scalping Strategy

Forex Force Setup Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to short scalping trades. Its source code uses moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 29 settings, for example period (default 1440), Sensitivity (default 3) and Color (default Magenta). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 7 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 Setup Scalping Strategy

Forex Force Setup 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 can show data from another timeframe (MTF). It has 29 settings, such as Period, Sensitivity and Color. MQL source code included.

Files in the download: Auto TL 05 Line Chart.mq4, AutoDayFibs.mq4, CandleTime THV.mq4, installation manual.txt, MACD_Colored_v102.mq4, Pivot Points Multitimeframe.mq4, SpudFibo.mq4, theforce5.tpl ….

Settings

SettingDefaultWhat it does
Period1440Period or timeframe used by the calculation
Sensitivity3see note below *
ColorMagentaColour on the chart
Days back for high0
Days back for low0
Time colorWhiteColour on the chart
Fast ema5
Slow ema13
Signal sma1
Min diff0
Font size8
Font colorSilverColour on the chart
Midpivotsfalse
Fhrfalse
Dailytrue
Weeklytrue
Monthlytrue
Period1PERIOD_D1Number of bars in the calculation
Color note--- Fibonacci colors ---Colour on the chart
Upper fibo colorNavyColour on the chart
Main fibo colorRoyalBlueColour on the chart
Lower fibo colorDodgerBlueColour on the chart
Time frame note--- Timeframe for the high and low ---Period or timeframe used by the calculation
Time frame not2{1=M1, 5=M5, 15=M15, ..., 1440=D1, 10080Period or timeframe used by the calculation
Time framePERIOD_D1Period or timeframe used by the calculation
Open time note2--- Open hour for daily timeframe ---
Open time0
Time zone note{0=ServerTime, 1=GMT, 2=LocalTime}
Time zone0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Scalping · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria