Forex Super Crane Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Super Crane Scalping Strategy. As the name suggests, the idea behind it is short scalping trades. In the code it works with moving averages. It can read another timeframe. It has 8 settings, for example Time Frame (default Current time frame), Length (default 12) and Price (default PRICE_CLOSE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 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 Super Crane Scalping Strategy
Forex Super Crane Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF). It has 8 settings, such as Time frame, Length and Price. MQL source code included.
Files in the download: Crane Scalper MTF.ex4, Crane Scalper.ex4, crane scalper.tpl, installation manual.txt, Rsx SigMa+histo_mtf.ex4, Rsx SigMa+histo_mtf.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Length | 12 | |
| Price | PRICE_CLOSE | |
| Signal period | 6 | Period or timeframe used by the calculation |
| Signal ma method | MODE_LWMA | |
| Multiplier | 2 | How much the lot size grows after a loss |
| Level ob | 20.0 | |
| Level os | -20.0 |
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 · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code