Forex Igentor Lsma Scalping Strategy
Forex Igentor Lsma Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. Its source code uses moving averages. It draws arrows on the chart. It has 7 settings, for example Gmt Shift, MA Period (default 2) and MA Method (default MODE_SMMA). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Igentor Lsma Scalping Strategy
Forex Igentor Lsma Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 7 settings, such as Gmt shift, Ma period and Ma method. MQL source code included.
Files in the download: !FT PVD$FLv1.mq4, Daily Pivots.mq4, i-GentorLSMA&EMA.mq4, installation manual.txt, scalping system with i-gentor (lsma and ema).tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gmt shift | Bar shift (0 = current bar) | |
| Ma period | 2 | Period or timeframe used by the calculation |
| Ma method | MODE_SMMA | |
| Price mode | PRICE_WEIGHTED | |
| Ema period | 34 | period |
| Lsma period | 25 | LSMA period |
| From zero | 3 | Distance from zero level |
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 · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code