Forex Glaz Gold MACD Scalping Strategy 1
This Old Kings indicator for MetaTrader 4 is called Forex Glaz Gold MACD Scalping Strategy 1. Judging by its name, it is built around MACD (moving average convergence / divergence), short scalping trades and gold (XAUUSD). In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 40 settings, for example Big Eye Alert turning point (default Do you want alert for tu), Show Alerts (default FALSE) and Send Emails (default FALSE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Glaz Gold MACD Scalping Strategy 1
Forex Glaz Gold MACD Scalping Strategy 1 is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Big eye alert turning point, Show alerts and Send emails. MQL source code included.
Files in the download: Forex Glaz.tpl, forex_glaz.ex4, forex_glaz.mq4, Gold MACD Indicator.ex4, Golden MACD.ex4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Big eye alert turning point | Do you want alert for turning points? | Turn this alert on or off |
| Show alerts | FALSE | Turn this alert on or off |
| Send emails | FALSE | Turn this alert on or off |
| Big eye display | Do you want to display the Glaz? | |
| Display eye | TRUE | |
| Hi lo dots | === Alert at the color dot change? === | |
| Signal alert | FALSE | Turn this alert on or off |
| Send alert email | FALSE | Turn this alert on or off |
| Hi lo dots display | Do you want to display the HiLo Dots? | |
| Display hi lo dots | TRUE | |
| Lines | === Display the lines? === | |
| Eyes junction lines | TRUE | |
| Zones | === Zones lines === | |
| Display zones lines | TRUE | |
| Comments zones lines font size | 7 | Comment written on the orders |
| Zone 31 | Olive | |
| Zone 32 | Brown | |
| Zone 33 | Purple | |
| Daily support and resistance | === Daily Support and resistance lines = | |
| Display dsrs lines | TRUE | |
| Comments dsr lines font size | 7 | Comment written on the orders |
| Resistance color | Red | Colour on the chart |
| Support color | Blue | Colour on the chart |
| Lines comments box | === Display the Lines Comments Box? === | Comment written on the orders |
| Display zones lines box | FALSE | |
| Timer | === Display Dynamic Timer or fixed box? | |
| Display dynamic timer | FALSE | |
| Dynamic timer font size | 7 | |
| Timer color | Yellow | Colour on the chart |
| High low boxes | === High/Low boxes settings === | |
| Display hi lo boxes | FALSE | |
| Show values | FALSE | |
| Number of days | 50 | |
| Background | FALSE | |
| Hl boxes color | DarkGreen | Colour on the chart |
| Tfs indicator box | === Trend Factor Scoreboard === | |
| Use tfs | TRUE | |
| Global box | FALSE | |
| X box | 0 | |
| Y box | 0 |
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: Gold (XAUUSD) · Scalping · MACD · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code