Forex Hprp Reversal Trend Scalping Strategy
Forex Hprp Reversal Trend Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades, following the trend and reversals against the current move. Its source code uses RSI and the Stochastic oscillator. It can send alerts. It has 18 settings, for example nobs (default 100000), Filt Per (default 12) and Sensitivity (default 2.0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 Hprp Reversal Trend Scalping Strategy
Forex Hprp Reversal Trend Scalping Strategy is an indicator for MetaTrader 4 based on RSI and Stochastic. It can alert you with a pop-up, sound, email or push message. It has 18 settings, such as Nobs, Filt per and Sensitivity. MQL source code included.
Files in the download: HP.mq4, HPRP Reversaltrend.tpl, HPRP_BUY_no_dll.mq4, HPRP_SELL_no_dll.mq4, HPSpeed-12.mq4, HPSpeed-23.mq4, HPSpeed-T01_Text_Alert.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Nobs | 100000 | Number of bars to smooth |
| Filt per | 12 | Equivalent to SMA period |
| Sensitivity | 2.0 | |
| Alerts on | TRUE | Turn this alert on or off |
| Sound alert | TRUE | Turn this alert on or off |
| Sound file at signal | signal.wav | Turn this alert on or off |
| Email alert | TRUE | Turn this alert on or off |
| Notification alert | TRUE | Turn this alert on or off |
| M bar | 1000 | |
| Per | 34 | |
| Use sound buy | true | Turn this alert on or off |
| Alert sound buy | true | Turn this alert on or off |
| Use sound sell | true | Turn this alert on or off |
| Alert sound sell | true | Turn this alert on or off |
| Sound file buy | tada.wav | Turn this alert on or off |
| Sound file sell | email.wav | Turn this alert on or off |
| Send mail possible | false | |
| Signal bar | 1 |
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 · Trend · Alerts · RSI · Stochastic · MT4 Indicator · MQL4 Source Code