Forex Sweet Spots Scalping Strategy
From the Old Kings archive: Forex Sweet Spots Scalping Strategy, an indicator for MetaTrader 4. Its name points to short scalping trades. It draws arrows on the chart and can read another timeframe. It has 13 settings, for example Time Frame (default 1440), TURN OFF (default false) and Auto Adjust (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 Sweet Spots Scalping Strategy
Forex Sweet Spots Scalping Strategy is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 13 settings, such as Time frame, Turn off and Auto adjust. MQL source code included.
Files in the download: #PriceToOpen.ex4, #PriceToOpen.mq4, 1minScalp.tpl, installation manual.txt, SweetSpotsGOLD_TRO_MODIFIED_VERSION.ex4, SweetSpotsGOLD_TRO_MODIFIED_VERSION.mq4, SystemForex .mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 1440 | Period or timeframe used by the calculation |
| Turn off | false | |
| Auto adjust | true | |
| Show labels | true | |
| Shift label | 2 | Bar shift (0 = current bar) |
| Num lines above below | 100 | |
| Sweet spot main levels | 100 | |
| Line color main | Yellow | Colour on the chart |
| Line style main | STYLE_DOT | |
| Show sub levels | true | |
| Sublevels | 10 | |
| Line color sub | Yellow | Colour on the chart |
| Line style sub | STYLE_DOT |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code