Forex Hull MACD Scalping Strategy
Forex Hull MACD Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence), the Hull moving average and short scalping trades. Its source code uses moving averages. It can send alerts. It has 9 settings, for example Period X2 (default 32.0), Mode X2 (default 1) and Price X2 (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 Hull MACD Scalping Strategy
Forex Hull MACD Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 9 settings, such as Period x2, Mode x2 and Price x2. MQL source code included.
Files in the download: Average Range-Multi .ex4, Filter.ex4, HMA_v2.ex4, Hull Scalping.tpl, installation manual.txt, MTF-TrendBar.ex4, nonlagdotMS.ex4, RenkoScalp_MSAlert.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period x2 | 32.0 | Number of bars in the calculation |
| Mode x2 | 1 | |
| Price x2 | 0 | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | false | 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 |
| Soundfile | alert2.wav | Turn this alert on or off |
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 · MACD · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code