Forex Heiken Ashi Scalping Strategy
Forex Heiken Ashi Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around Heiken Ashi candles and short scalping trades. Its source code uses divergence checks, RSI, the Stochastic oscillator and Heiken Ashi. It draws arrows on the chart and can send alerts. It has 40 settings, for example a (default : RSI Variables :), RSI Period (default 13) and a1 (default : Price :). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 12 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 Heiken Ashi Scalping Strategy
Forex Heiken Ashi Scalping Strategy is an indicator for MetaTrader 4 based on Divergence, RSI, Stochastic and Heiken Ashi. 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 A, Rsi period and A1. MQL source code included.
Files in the download: ATM_RSI Histo TripleStoch Divergence Alert.ex4, ATM_RSI Histo TripleStoch Divergence Alert.mq4, FX_FISH-mod.ex4, heiken ashi scalping system.tpl, Heiken Ashi.ex4, Heiken Ashi.mq4, Heiken Zma seprate windows.ex4, Heiken Zma seprate windows.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| A | : RSI Variables : | |
| Rsi period | 13 | Period or timeframe used by the calculation |
| A1 | : Price : | |
| A2 | : : 0=Close price | |
| A3 | : : 1=Open price | |
| A4 | : : 2=High price | |
| A5 | : : 3=Low price | |
| A6 | : : 4=Median price, (high+low)/2 | |
| A7 | : : 5=Typical price, (high+low+close)/3 | |
| A8 | : : 6=Weighted close price, (high+low+c | |
| Rsi price | 0 | |
| Rsi alerts | false | Turn this alert on or off |
| Rsi histo modify | 1.5 | |
| Rsi histo width | 2 | |
| Rsi histo up color | Blue | Colour on the chart |
| Rsi histo dn color | Red | Colour on the chart |
| Rsi width | 2 | |
| B | : GreyZone Variables : | |
| Gray zone limit | 13 | |
| Gray zone color | DarkGray | Colour on the chart |
| C | : TripleStochastic Variables : | |
| Triple stochastic k period | 21 | Period or timeframe used by the calculation |
| Triple stochastic slowing | 8 | |
| Triple stochastic price | 0 | |
| Triple stochastic width | 2 | |
| Triple stochastic color | Black | Colour on the chart |
| Triple stochastic alerts | false | Turn this alert on or off |
| Triple stochastic level style | 1 | |
| Triple stochastic level width | 1 | |
| Triple stochastic level color | Black | Colour on the chart |
| D | : Divergence Variables : | |
| Show divergence | FALSE | |
| Divergence min bar limit | 8 | |
| Divergence max bar limit | 44 | |
| Divergence confirmation | 3 | |
| Draw divergence lines | FALSE | |
| Divergence alerts | FALSE | Turn this alert on or off |
| Bullish divergence arrow | 108 | SYMBOL_ARROWUP; |
| Bearish divergence arrow | 108 | SYMBOL_ARROWDOWN; |
| Divergence arrow size | 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: Scalping · Heiken Ashi · Buy/Sell Arrows · Alerts · Divergence · RSI · Stochastic · MT4 Indicator · MQL4 Source Code