Forex TDI 10 Pips Scalping Strategy
Forex TDI 10 Pips Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to short scalping trades. Its source code uses divergence checks, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default +1), Ma Period (default 5) and Ma Type (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. 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 TDI 10 Pips Scalping Strategy
Forex TDI 10 Pips Scalping Strategy is an indicator for MetaTrader 4 based on Divergence, 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 Time frame, Ma period and Ma type. MQL source code included.
Files in the download: BAT ATR v1.ex4, Ganns Signal StopLoss_V4.ex4, Ganns Signal StopLoss_V4.mq4, installation manual.txt, TDI rsx based - smoothed & alerts + lines + divergence nmc.ex4, TDI rsx based - smoothed & alerts + lines + divergence nmc.mq4, TDI Scalp.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | +1 | Period or timeframe used by the calculation |
| Ma period | 5 | Period or timeframe used by the calculation |
| Ma type | 1 | |
| Multi color | TRUE | Colour on the chart |
| Alerts on | FALSE | 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 | alert.wav | Turn this alert on or off |
| Rsx period | 8 | 16 |
| Rsx price | PRICE_CLOSE | |
| Rsx price line period | 1 | Period or timeframe used by the calculation |
| Rsx price line phase | 0 | |
| Rsx price line double | false | |
| Rsx signal line period | 3 | 7 |
| Rsx signal line phase | 0 | |
| Rsx signal line double | false | |
| Volatility band period | 16 | 34 |
| Volatility band ma mode | MODE_SMA | |
| Volatility band multiplier | 1.6185 | How much the lot size grows after a loss |
| Divergence visible | true | ************ |
| Divergence on values visible | true | |
| Divergence on chart visible | true | |
| Divergence bullish color | White | ******************** |
| Divergence bearish color | White | Colour on the chart |
| Divergence unique id | tdidiv1 | |
| Interpolate | true | |
| Level down | 32 | |
| Level middle | 50 | |
| Level up | 68 | |
| Show arrows | true | |
| Arrows identifier | TDI arrows | |
| Arrows up color | Aqua | Colour on the chart |
| Arrows dn color | Yellow | Colour on the chart |
| Vertical lines visible | true | ************ |
| Vertical lines id | TDI_Line | |
| Vertical lines up color | Aqua | Colour on the chart |
| Vertical lines down color | Gold | Colour on the chart |
| Vertical lines style | 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 · Alerts · Divergence · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code