Forex Income Breakout Scalping Strategy
Forex Income Breakout Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to short scalping trades and breakouts from a range. Its source code uses MACD, moving averages, Bollinger Bands and CCI. It draws arrows on the chart and can send alerts. It has 40 settings, for example Is broker digit 5 (default TRUE), show start (default TRUE) and show end (default TRUE). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 7 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 Income Breakout Scalping Strategy
Forex Income Breakout Scalping Strategy is an indicator for MetaTrader 4 based on MACD, Moving Average, Bollinger Bands and CCI. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Is broker digit 5, Show start and Show end. MQL source code included.
Files in the download: 2.0xxl_POTD.mq4, ABC_2.0xxl_InsideBar.mq4, ABC_2.0xxl_MA&GapSig.mq4, ABC_2.0xxl_MTRider.mq4, ABC_2.0xxl_Operater.mq4, ABC_2.0xxl_PowerBars.mq4, ABC_2.0xxl_Signal.mq4, Fx income breakout.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Is broker digit 5 | TRUE | |
| Show start | TRUE | |
| Show end | TRUE | |
| Show targets | TRUE | |
| Show stop loss | TRUE | Stop loss distance |
| Start | Start 8:30 London (GMT) time | |
| Start time | 10:30 | |
| Endtrading | Finish 17:30 London (GMT) time | |
| Endtime | 19:30 | |
| Premik tarc | Move targets/setup in pips | |
| Moveall | 5 | |
| Info | S E T U P | |
| Info show ib | Show Inside bar | |
| Show ib | TRUE | |
| Info daily open | Show daily open line | |
| Show daily open line | FALSE | |
| Info timezone | Time zone | |
| Timezone offset | 0 | |
| Stringline | Color line | |
| Downc1a | Crimson | |
| Upc1a | Blue | |
| Gap kidric | FALSE | |
| Gap size | 20 | |
| Bars history | 120 | |
| Long | Blue | |
| Short | Crimson | |
| Abc color | Input color for ABC, Shor & Long | Colour on the chart |
| Downcolor | Crimson | Colour on the chart |
| Upcolor | Blue | Colour on the chart |
| History | Look back. History | |
| Maxbars | 40 | |
| Abc nastavitev | You can insert your own symbols | |
| A | (A) | |
| B | (B) | |
| C | (C) | |
| Razdalja med a b | Min. pip distance from A to B | |
| Kidric m1 | 30 | |
| Kidric m5 | 13 | |
| Kidric m15 | 23 | |
| Kidric m30 | 38 |
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 · Buy/Sell Arrows · Alerts · MACD · Moving Average · Bollinger Bands · CCI · MT4 Indicator · MQL4 Source Code