Forex Profit Sedenho Scalping Strategy
Forex Profit Sedenho Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 31 settings, for example Time Frame (default 0), Currency and MAPeriod (default 13). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 6 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 Profit Sedenho Scalping Strategy
Forex Profit Sedenho Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 31 settings, such as Time frame, Currency and Ma period. MQL source code included.
Files in the download: #MTF_MovingAverage(2).ex4, #MTF_MovingAverage(2).mq4, Color_RSI_v1.01_maxsig.ex4, Color_RSI_v1.01_maxsig.mq4, installation manual.txt, MA_Cross_OCalert.ex4, MA_Cross_OCalert.mq4, sedinho scalper.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Currency | ||
| Ma period | 13 | Period or timeframe used by the calculation |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Ma method | MODE_SMA | |
| Applied price | PRICE_CLOSE | |
| Use levels | False | |
| Level0 | 0 | |
| Level1 | 0 | |
| Level2 | 0 | |
| Level3 | 0 | |
| Level4 | 0 | |
| Level5 | 0 | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| Price type | 0 | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Over bought | 70 | |
| Over sold | 30 | |
| Show arrows | true | |
| Max arrows screens x | 2 | |
| Alerts on | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Repaint signal step | 0 | Distance between orders |
| Repaint signal price | 0 | |
| Faster mode | 1 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Faster ma | 5 | |
| Slower mode | 1 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Slower ma | 5 | |
| Alert on | TRUE | Turn this alert on or off |
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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code