Forex Laguerre Based Scalping Strategy
From the Old Kings archive: Forex Laguerre Based Scalping Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with moving averages. It has 6 settings, for example gamma (default 0.7), Count Bars (default 950) and period (default 14). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Laguerre Based Scalping Strategy
Forex Laguerre Based Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 6 settings, such as Gamma, Count bars and Period. MQL source code included.
Files in the download: 5 min scalping with Laguerre.tpl, installation manual.txt, Laguerre-ACS1.ex4, Laguerre.ex4, Laguerre.mq4, ProFx06.ex4, ProFx06.mq4, Pulse Slope_V3.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Gamma | 0.7 | |
| Count bars | 950 | |
| Period | 14 | Period or timeframe used by the calculation |
| Method | 3 | MODE_SMA |
| Price | 0 | PRICE_CLOSE |
| Flat pips | 0.2 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code