Forex RSX Pro Scalping Strategy
From the Old Kings archive: Forex RSX Pro Scalping Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around short scalping trades. In the code it works with moving averages. It has 17 settings, for example Count Periods (default 20), Time Period (default D1) and Plot pivots (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 RSX Pro Scalping Strategy
Forex RSX Pro Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 17 settings, such as Count periods, Time period and Plot pivots. MQL source code included.
Files in the download: AllPivots_v2.mq4, DPI.ex4, installation manual.txt, rsx cfb adaptive new correct.mq4, rsx scalping.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Count periods | 20 | Number of bars in the calculation |
| Time period | D1 | Period or timeframe used by the calculation |
| Plot pivots | true | |
| Plot middle | true | |
| Plot camarilla | false | |
| Short limit | 10 | |
| Long limit | 20 | |
| Price | 0 | |
| Cfb norm length | 50 | |
| Cfb depth | 6 | |
| Cfb price | PRICE_WEIGHTED | |
| Cfb smooth | 8 | |
| Cfb result smooth length | 5 | |
| Cfb result smooth phase | 0 | |
| Cfb result smooth double | true | |
| Show histogram | true | |
| Show up down limit | true |
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 · Moving Average · MT4 Indicator · MQL4 Source Code