Forex Furious Signals Scalping Strategy
Forex Furious Signals Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades and buy / sell signals on the chart. Its source code uses moving averages, Bollinger Bands and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 20 settings, for example Length (default 8), Deviation (default 1) and Money Risk (default 1.00). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 19 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 Furious Signals Scalping Strategy
Forex Furious Signals Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average, Bollinger Bands 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 20 settings, such as Length, Deviation and Money risk. MQL source code included.
Files in the download: !1.ex4, !10.ex4, !13.ex4, !4.ex4, !8.ex4, !9.ex4, !MT4 CURRENCY POWER.ex4, BBand Stop Alert.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 8 | Bollinger Bands Period |
| Deviation | 1 | Deviation was 2 |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Sound on | true | Turn this alert on or off |
| Cci period | 14 | CCI Period |
| Faster ema | 5 | |
| Slower ema | 6 | |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Smooth period | 5 | Period or timeframe used by the calculation |
| Smooth phase | 0 | |
| Alerts on | FALSE | Turn this alert on or off |
| Alerts on current | FALSE | Turn this alert on or off |
| Alerts message | FALSE | Turn this alert on or off |
| Alerts sound | FALSE | Turn this alert on or off |
| Alerts email | FALSE | Turn this alert on or off |
| Dist2 | 21 | |
| Dist1 | 14 |
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 · Bollinger Bands · ATR · MT4 Indicator · MQL4 Source Code