Forex Supreme Snake Scalping Strategy
From the Old Kings archive: Forex Supreme Snake Scalping Strategy, an expert advisor (trading robot) for MetaTrader 4. Its name points to short scalping trades. In the code it works with RSI, moving averages and ATR. It can size trades from your risk. It has 40 settings, for example Step (default 200), Tprofit (default 200) and Lot (default 0.01). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 16 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.
Expert advisor · MT4 · v1.0 · Free
About Forex Supreme Snake Scalping Strategy
Forex Supreme Snake Scalping Strategy is an expert advisor (trading robot) for MetaTrader 4 based on RSI, Moving Average and ATR. It can size trades from your balance and risk percent. It has 40 settings, such as Step, Tprofit and Lot. MQL source code included.
Files in the download: e4_bibuka_2_1.ex4, e4_bibuka_2_1.mq4, ++CLOSING.ex4, Forexprofitsupreme Bars.mq4, Forexprofitsupreme Signal.ex4, Forexprofitsupreme Signal.mq4, ForexprofitsupremeClock.ex4, ForexprofitsupremeClock.mq4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Step | 200 | Distance between orders |
| Tprofit | 200 | , 0 = . |
| Lot | 0.01 | . |
| Use auto dig | false | true = . |
| Bay col | clrLawnGreen | , NONE = . |
| Sel col | clrOrangeRed | , NONE = . |
| Magic | 104830 | , 6 . |
| Nam try | 2 | . |
| Slipage | 10 | . |
| Com | e4_bibuka_1.1 | . |
| Show info | true | . |
| Gcol | clrGold | . |
| Fcol | clrRed | . |
| Size | 8 | . |
| X | 150 | . |
| Y | 20 | . |
| Font | Verdana | . |
| Cor | 2 | . |
| Rsi period | 21 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Overbought | 50 | |
| Oversold | 50 | |
| Bar width | 1 | |
| Candle width | 3 | |
| Fast ma | 5 | |
| Fast ma shift | 0 | Bar shift (0 = current bar) |
| Fast ma method | MODE_LWMA | |
| Fast ma price | PRICE_CLOSE | |
| Slow ma | 13 | |
| Slow ma shift | 0 | Bar shift (0 = current bar) |
| Slow ma method | MODE_LWMA | |
| Slow ma price | PRICE_CLOSE | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Soundfile | alert2.wav | Turn this alert on or off |
| Note7 | Arrow Type | |
| Note8 | 0=default,1=Thick,2=Thin,3=Hollow |
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 → Experts.
- 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 expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Scalping · Risk & Lot Size · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code