Forex Janus Direction Scalping Strategy
Forex Janus Direction Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses RSI, moving averages, CCI and ATR. It draws arrows on the chart and can send alerts. It has 23 settings, for example Price Action Filter (default 1), Length (default 3) and Major Cycle Strength (default 4). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 13 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 Janus Direction Scalping Strategy
Forex Janus Direction Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average, CCI and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 23 settings, such as Price action filter, Length and Major cycle strength. MQL source code included.
Files in the download: !MT4 X-CYCLE.ex4, !MT4 X-CYCLE.mq4, !XPS v8 OSCILLATOR.ex4, !XPS v8 OSCILLATOR.mq4, !XPS v8 TRENDBARS.ex4, !XPS v8 TRENDBARS.mq4, ATRprojections.ex4, currency-heat-map.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Price action filter | 1 | |
| Length | 3 | |
| Major cycle strength | 4 | |
| Use cycle filter | FALSE | |
| Use filter sm aor rsi | 1 | |
| Filter strength sma | 12 | |
| Filter strength rsi | 21 | |
| Alarm | false | |
| Num bars | 500 | |
| Use sound | true | Turn this alert on or off |
| Alert sound | false | Turn this alert on or off |
| Sound file | email.wav | Turn this alert on or off |
| Send mail possible | false | |
| Fib period | 240 | Period or timeframe used by the calculation |
| Show start line | false | |
| Show end line | false | |
| Show channel | false | |
| Fib style | 5 | |
| Fib color | Gold | Colour on the chart |
| Start line color | RoyalBlue | Colour on the chart |
| End line color | FireBrick | Colour on the chart |
| Buy zone color | MidnightBlue | Colour on the chart |
| Sell zone color | FireBrick | Colour on the chart |
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 · Alerts · RSI · Moving Average · CCI · ATR · MT4 Indicator · MQL4 Source Code