Forex Maf Buy Sell Scalping Strategy
Forex Maf Buy Sell Scalping Strategy — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to short scalping trades. Its source code uses MACD, RSI and the Stochastic oscillator. It places pending orders, moves the stop behind price and can size trades from your risk. It has 39 settings, for example Bands Mode 0 2 (default 0), Power Price 0 6 (default 0) and Price Type 0 3 (default 0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 5 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.
Expert advisor · MT4 · v1.0 · Free
About Forex Maf Buy Sell Scalping Strategy
Forex Maf Buy Sell Scalping Strategy is an expert advisor (trading robot) for MetaTrader 4 based on MACD, RSI and Stochastic. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 39 settings, such as Bands mode 0 2, Power price 0 6 and Price type 0 3. MQL source code included.
Files in the download: installation manual.txt, maf scalper.tpl, maf_1.mq4, maf_2.mq4, maf_3.mq4, maf_4.mq4, Robot.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands mode 0 2 | 0 | |
| Power price 0 6 | 0 | |
| Price type 0 3 | 0 | |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviation | 2 | |
| Power period | 13 | Period or timeframe used by the calculation |
| Count bars | 3000 | |
| Period | 10 | Period or timeframe used by the calculation |
| Price | 0 | |
| Mode fast | FALSE | |
| Signals | FALSE | |
| Ma1period | 9 | Period or timeframe used by the calculation |
| Ma2period | 45 | Period or timeframe used by the calculation |
| Type help | SMA- 0, EMA - 1, SMMA - 2, LWMA- 3 | |
| Type help2 | TypeMA1=0, TypeMA2=3 | |
| Type ma1 | 0 | |
| Type ma2 | 3 | |
| Time zone | 16 | |
| Pivots | TRUE | |
| Camarilla | FALSE | |
| Midpivots | FALSE | |
| Take profit | 30 | Take profit distance |
| Lots | 0.1 | Trade size in lots |
| Stop loss | 15 | Stop loss distance |
| Trailing stop | 10 | Trailing stop distance or switch |
| Max trades | 3 | Maximum number of open trades |
| Pips | 30 | |
| Secure profit protection | TRUE | |
| Secure profit | 20 | |
| Ordersto protect | 2 | |
| Equity protection | TRUE | |
| Account equity percent protection | 80 | |
| Account money protection | TRUE | |
| Account money protection value | 500.0 | |
| Set limit orders | TRUE | |
| Account type | 1 | |
| Manual | 0 | |
| Open orders based on | 5 | |
| Reversed | FALSE |
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 → Experts.
- 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 expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Scalping · Buy/Sell Arrows · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code