Forex Quantum Super Channel Scalping Strategy
Forex Quantum Super Channel Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to price channels and short scalping trades. Its source code uses the Stochastic oscillator and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 14 settings, for example MA Period (default 4), MA Sampling Period (default 4) and MA Method (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 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 Quantum Super Channel Scalping Strategy
Forex Quantum Super Channel Scalping Strategy is an indicator for MetaTrader 4 based on Stochastic and Moving Average. 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 14 settings, such as Ma period, Ma sampling period and Ma method. MQL source code included.
Files in the download: !MT4 CURRENCY POWER.ex4, !X-UK.MA.4.ex4, !X-UK.MA.4.mq4, !X-UK.NMA.4.ex4, !X-UK.NMA.4.mq4, #MTF Stochastic v2.0.ex4, #MTF Stochastic v2.0.mq4, Chalkin Money Flow Histo.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 4 | Period or timeframe used by the calculation |
| Ma sampling period | 4 | Sampling period should be less than 1/4 of MA_Period |
| Ma method | 1 | 0 - SMA, 1 - EMA, 2 - SMMA, 3 - LWMA |
| Ma applied price | 0 | 0 - PRICE_CLOSE, 1 - PRICE_OPEN, 2 - PRICE_HIGH, 3 - PRICE_LOW, 4 - PRICE_MEDIAN, 5 - PRICE_TYPICAL, |
| Show clock | false | display time to candle close countdown |
| Clock color | Red | Colour on the chart |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Cmf period | 20 | Period or timeframe used by the calculation |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | 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 |
| Fractals count | 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 · Channels & Envelopes · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code