Forex Frama Jurik Scalping Strategy
Forex Frama Jurik Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. Its source code uses the Stochastic oscillator. It can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default Current time frame), Period Frama (default 34) and Price Type (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 Frama Jurik Scalping Strategy
Forex Frama Jurik Scalping Strategy is an indicator for MetaTrader 4 based on Stochastic. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Time frame, Period frama and Price type. MQL source code included.
Files in the download: Frama on jurik nrp.mq4, installation manual.txt, PivotsD_v5 (Black).mq4, Stochastic on Jurik smooth 10 14.mq4, stochastic on jurik smooth scalping system.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Period frama | 34 | Number of bars in the calculation |
| Price type | 0 | |
| Smooth length | 10 | |
| Smooth phase | 0 | |
| Smooth double | false | |
| Trend mode | false | |
| Interpolate | true | |
| Multi color | true | Colour on the chart |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Indicator on | true | |
| Use for forex | true | |
| Use day formula | true | |
| Exit period choices | M1, M5, M15, M30, H1, H4, D1 | Number of bars in the calculation |
| Exit if period greater than | H1 | Number of bars in the calculation |
| _ | ||
| Part 1 | Day Candle & Session Box Settings: | |
| Show day candle | true | |
| Shift day candle right | 49 | Bar shift (0 = current bar) |
| Show today box | true | |
| Today box color | C'30,33,36' | Colour on the chart |
| Show yesterday box | true | |
| Yesterday box color | C'20,18,41' | Colour on the chart |
| __ | ||
| Part 2 | Pivot Line Start/Stop Settings: | |
| Note1 | Start with fullscreen lines, enter '1' | |
| Note2 | Start lines at Day Separator, enter '2' | |
| Note3 | Start lines at current candle, enter '3' | |
| Start lines | 2 | |
| Stop lines at current candle | false | |
| ___ | ||
| Part 3 | Pivot Line Color & Selection Settings: | |
| Central pivot color | Blue | Colour on the chart |
| Cp line style 01234 | 0 | |
| Cp solid line thickness | 1 | |
| Resistance pivots color | FireBrick | Colour on the chart |
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 · Multi-Timeframe (MTF) · Stochastic · MT4 Indicator · MQL4 Source Code