Forex Ichimoku Breakout Scalping Strategy
Forex Ichimoku Breakout Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the Ichimoku Kinko Hyo cloud, short scalping trades and breakouts from a range. It can read another timeframe. It has 11 settings, for example Time Color (default DeepSkyBlue), Time Font Size (default 20) and Show in chart window 0123 (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 Ichimoku Breakout Scalping Strategy
Forex Ichimoku Breakout Scalping Strategy is an indicator for MetaTrader 4. It can show data from another timeframe (MTF). It has 11 settings, such as Time color, Time font size and Show in chart window 0123. MQL source code included.
Files in the download: Candle Closing Time.ex4, Candle Closing Time.mq4, DDFX 3 BBStop v4.ex4, FiboPiv_v2.mq4, Ichimoku Breakout Filtered.tpl, ichimoku breakout Simple.tpl, MTF_Ichimoku_v1dark1.mq4, support-resistance-4-hour.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time color | DeepSkyBlue | Colour on the chart |
| Time font size | 20 | |
| Show in chart window 0123 | 0 | |
| Show in window corner 0123 | 2 | |
| Adjust vertical indent | 0 | |
| Adjust horizontal indent | 1 | |
| Change heading of fixed display | Candle: | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Tenkan | 9 | |
| Kijun | 26 | |
| Senkou | 52 |
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 · Breakout · Ichimoku · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code