Forex KG Sea Wave Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex KG Sea Wave Scalping Strategy. Its name points to wave counting in the Elliott style and short scalping trades. In the code it works with moving averages. It has 3 settings, for example Price (default 1), Length (default 20) and Pct Filter (default 2). 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 KG Sea Wave Scalping Strategy
Forex KG Sea Wave Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Price, Length and Pct filter. MQL source code included.
Files in the download: #KG Support and Resistance.ex4, #KG Target Points V.1.1.ex4, #NonLagZigZag_v2.ex4, #NonLagZigZag_v2.mq4, CandleTime.ex4, CandleTime.mq4, installation manual.txt, kg sea wave system v.1 wma 62.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 1 | Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close) |
| Length | 20 | Period of NonLagMA |
| Pct filter | 2 | Dynamic filter in decimals |
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 · Moving Average · MT4 Indicator · MQL4 Source Code