Forex Super Double Gain Scalping Strategy
From the Old Kings archive: Forex Super Double Gain 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 moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example gen (default ----General inputs----), auto Symbols (default false) and max Bars (default 0). 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 Double Gain Scalping Strategy
Forex Super Double Gain Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. 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 40 settings, such as Gen, Auto symbols and Max bars. MQL source code included.
Files in the download: CSSDiff.ex4, CSSDiff.mq4, ForexGainCode_Absolute_Alerts.ex4, ForexGainCode_Absolute_Alerts.mq4, installation manual.txt, tDouble Gain.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gen | ----General inputs---- | |
| Auto symbols | false | |
| Max bars | 0 | |
| Non prop font | Lucida Console | |
| Ind | ----Indicator inputs---- | |
| Ignore future | false | |
| Col | ----Colo(u)r inputs---- | |
| Line color | Gray | Colour on the chart |
| Line color over8 | Lime | Colour on the chart |
| Line color under8 | Red | Colour on the chart |
| Label color | Yellow | Colour on the chart |
| Time frame | 0 | Period or timeframe used by the calculation |
| Alert on | TRUE | Turn this alert on or off |
| Email on | FALSE | Turn this alert on or off |
| Signal on closed candle | TRUE | |
| Math mode | 0 | |
| Price | 0 | |
| Length | 27 | |
| Pre smooth | 1 | |
| Smooth | 5 | |
| Ma method | 1 | |
| Range avg length | 27 | |
| Multiplier | 4.236 | How much the lot size grows after a loss |
| Signal mode | 1 | |
| Levels mode | 2 | |
| Show arrows | TRUE | |
| Arrows up color | Green | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrow width | 2 | |
| Overbought level | 80.0 | |
| Oversold level | 20.0 | |
| Look back period | 20 | Period or timeframe used by the calculation |
| Upper multiplier | 1.0 | How much the lot size grows after a loss |
| Lower multiplier | 1.0 | How much the lot size grows after a loss |
| Ma mode | ||
| 0 | SMA | |
| 1 | EMA | |
| 2 | Wilder | |
| 3 | LWMA | |
| 4 | SineWMA |
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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code