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Forex Ichimoku Kinko Hyo Scalping Strategy

Forex Ichimoku Kinko Hyo Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Ichimoku Kinko Hyo cloud and short scalping trades. Its source code uses RSI, moving averages and ATR. It can send alerts. It has 8 settings, for example short atr (default 7), long atr (default 49) and triglevel (default 1.00). 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 Kinko Hyo Scalping Strategy

Forex Ichimoku Kinko Hyo Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Short atr, Long atr and Triglevel. MQL source code included.

Files in the download: ATR ratio.mq4, BobokusFibo.ex4, BobokusFibo.mq4, Ichimoku Kinko Hyo with Atr Ratio.tpl, installation manual.txt, No3.mq4, PET-D.ex4, PET-D.mq4 ….

Settings

SettingDefaultWhat it does
Short atr7
Long atr49
Triglevel1.00
Period rsi9Number of bars in the calculation
Start hour7Hour when trading starts (server time)
End hour18Hour when trading stops (server time)
Start day3
End day5

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Scalping · Ichimoku · Alerts · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria