Forex Rockwell Scalping Strategy
From the Old Kings archive: Forex Rockwell Scalping Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with RSI and moving averages. It has 8 settings, for example color1 (default Red), color2 (default White) and color3 (default Red). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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.
Indicator · MT4 · v1.0 · Free
About Forex Rockwell Scalping Strategy
Forex Rockwell Scalping Strategy is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 8 settings, such as Color1, Color2 and Color3. MQL source code included.
Files in the download: Delta Trend.ex4, Heiken Ashi.mq4, Laguerre.mq4, QQE.mq4, rockwell scalping system.tpl, SSL.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Color1 | Red | Colour on the chart |
| Color2 | White | Colour on the chart |
| Color3 | Red | Colour on the chart |
| Color4 | White | Colour on the chart |
| Gamma | 0.7 | |
| Count bars | 950 | |
| SF | 5 | |
| Lb | 10 |
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 · RSI · Moving Average · MT4 Indicator · MQL4 Source Code