Forex Sniper Momentum Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Sniper Momentum Scalping Strategy. Judging by its name, it is built around price momentum and short scalping trades. In the code it works with moving averages and CCI. It can read another timeframe. It has 7 settings, for example CCI Period (default 14), T3 Period (default 5) and b (default 0.618). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 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 Sniper Momentum Scalping Strategy
Forex Sniper Momentum Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and CCI. It can show data from another timeframe (MTF). It has 7 settings, such as Cci period, T3 period and B. MQL source code included.
Files in the download: fxsnipert3cci.ex4, fxsnipert3cci.mq4, installation manual.txt, LaguerreFilter.ex4, LaguerreFilter.mq4, LaguerreFilter_fir_mtf.mq4, momentum fast trading 2.tpl, Momentum Fast Trading.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Cci period | 14 | Period or timeframe used by the calculation |
| T3 period | 5 | Period or timeframe used by the calculation |
| B | 0.618 | |
| Gamma | 0.7 | |
| Price type | 0 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Note price | 0C 1O 2H 3L 4Md 5Tp 6WghC: Md(HL/2)4,Tp( |
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 · Momentum · Multi-Timeframe (MTF) · Moving Average · CCI · MT4 Indicator · MQL4 Source Code