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Forex Precision Scalping Strategy

Forex Precision Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. It has 9 settings, for example avg Period (default 30), sensitivity (default 1) and Number Of Days (default 10). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 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 Precision Scalping Strategy

Forex Precision Scalping Strategy is an indicator for MetaTrader 4. It has 9 settings, such as Avg period, Sensitivity and Number of days. MQL source code included.

Files in the download: Fibonacci Pivots.ex4, installation manual.txt, Precision Trend.mq4, precision trend.tpl, ProFx08.mq4, zwuk MA.ex4.

Settings

SettingDefaultWhat it does
Avg period30Period or timeframe used by the calculation
Sensitivity1
Number of days10
Begin 106:30Hour when trading starts (server time)
End 115:00
Color 1GrayColour on the chart
Begin 213:00Hour when trading starts (server time)
End 221:00
Color 2GrayColour on the chart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Scalping · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria