Forex New Sniper Scalping Strategy
Forex New Sniper Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to short scalping trades. It has 3 settings, for example n Period (default 9), factor 1 (default 0.6666666) and factor 2 (default 0.3333333). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 New Sniper Scalping Strategy
Forex New Sniper Scalping Strategy is an indicator for MetaTrader 4. It has 3 settings, such as N period, Factor 1 and Factor 2. MQL source code included.
Files in the download: 10.2 TMA slope true 4.30.ex4, 10.2 TMA slope v.1.4B 4.30.ex4, Forex Trade.mq4, ForexSniperPro_BuySellPoints.ex4, ForexSniperPro_Direction.ex4, ForexSniperPro_SRLevels.ex4, New Sniper System.tpl, RSI Signal.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| N period | 9 | Period or timeframe used by the calculation |
| Factor 1 | 0.6666666 | |
| Factor 2 | 0.3333333 |
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 · MT4 Indicator · MQL4 Source Code