Forex JMO Pivot Scalping Strategy
From the Old Kings archive: Forex JMO Pivot Scalping Strategy, an indicator for MetaTrader 4. Its name points to pivot points (daily or weekly support / resistance levels) and short scalping trades. It can send alerts. It has 40 settings, for example Local Hrs Server Tz From GMT (default 0), Destination Hrs New TZfrom GMT (default 0) and Show 1Daily 2Fibonacci Pivots (default 2). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 JMO Pivot Scalping Strategy
Forex JMO Pivot Scalping Strategy is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Local hrs server tz from gmt, Destination hrs new t zfrom gmt and Show 1 daily 2 fibonacci pivots. MQL source code included.
Files in the download: installation manual.txt, jmo pivot levels scalping system.tpl, JMO_V5.ex4, LC-Pivots.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Local hrs server tz from gmt | 0 | |
| Destination hrs new t zfrom gmt | 0 | |
| Show 1 daily 2 fibonacci pivots | 2 | |
| Full screen lines margin prices | FALSE | |
| Move labels lr decr incr | 0 | |
| R5 color | Red | Colour on the chart |
| R5 line style 01234 | 2 | |
| R5 solid line thickness | 1 | |
| R4 color | Red | Colour on the chart |
| R4 line style 01234 | 2 | |
| R4 solid line thickness | 1 | |
| R3 color | Red | Colour on the chart |
| R3 line style 01234 | 2 | |
| R3 solid line thickness | 1 | |
| R2 color | Crimson | Colour on the chart |
| R2 line style 01234 | 2 | |
| R2 solid line thickness | 1 | |
| R1 color | FireBrick | Colour on the chart |
| R1 line style 01234 | 2 | |
| R1 solid line thickness | 1 | |
| Central pivot color | MediumBlue | Colour on the chart |
| Central pivot line style 01234 | 0 | |
| Central pivot solid line thickness | 1 | |
| S1 color | DarkGreen | Colour on the chart |
| S1 line style 01234 | 2 | |
| S1 solid line thickness | 1 | |
| S2 color | Green | Colour on the chart |
| S2 line style 01234 | 2 | |
| S2 solid line thickness | 1 | |
| S3 color | ForestGreen | Colour on the chart |
| S3 line style 01234 | 2 | |
| S3 solid line thickness | 1 | |
| S4 color | ForestGreen | Colour on the chart |
| S4 line style 01234 | 2 | |
| S4 solid line thickness | 1 | |
| S5 color | ForestGreen | Colour on the chart |
| S5 line style 01234 | 2 | |
| S5 solid line thickness | 1 | |
| Mid pivots color | Gray | Colour on the chart |
| Mid pivots line style 01234 | 2 |
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 · Pivot Points · Alerts · MT4 Indicator · MQL4 Source Code