Forex Macd Flat Trend Scalping Strategy
Forex Macd Flat Trend Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence), short scalping trades and following the trend. Its source code uses MACD. It has 4 settings, for example Minutes (default 60), MACD Fast (default 8) and MACD Slow (default 21). 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 Macd Flat Trend Scalping Strategy
Forex Macd Flat Trend Scalping Strategy is an indicator for MetaTrader 4 based on MACD. It has 4 settings, such as Minutes, Macd fast and Macd slow. MQL source code included.
Files in the download: FlatTrend_w_MACD.mq4, installation manual.txt, macd scalping.tpl, THV4 TzPivotsD (Black).ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Minutes | 60 | |
| Macd fast | 8 | |
| Macd slow | 21 | |
| Macd ma | 9 |
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 · MACD · Trend · MT4 Indicator · MQL4 Source Code