Forex TM Sniper Alert Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex TM Sniper Alert Scalping Strategy. Judging by its name, it is built around short scalping trades and alerts. 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 Time Frame (default All tf), Half Length (default 61) and Price (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 7 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 TM Sniper Alert Scalping Strategy
Forex TM Sniper Alert 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 Time frame, Half length and Price. MQL source code included.
Files in the download: FL01.mq4, HolySignal~.mq4, i-FractalsEx.mq4, P_fractal_32_his_se_Alert.mq4, SDX-TzPivots_v6.mq4, SoeHoeCom_Peak.ex4, TM555 (600+) Alert.mq4, installation manual.txt ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | All tf | Period or timeframe used by the calculation |
| Half length | 61 | |
| Price | 0 | |
| Atr multiplier | 2.6 | How much the lot size grows after a loss |
| Atr period | 110 | Period or timeframe used by the calculation |
| Interpolate | TRUE | |
| Alerts on | FALSE | Turn this alert on or off |
| Alerts on current | FALSE | Turn this alert on or off |
| Alerts on high low | FALSE | Turn this alert on or off |
| Alerts message | FALSE | Turn this alert on or off |
| Alerts sound | FALSE | Turn this alert on or off |
| Alerts email | FALSE | Turn this alert on or off |
| Signal gap | 7 | |
| Enable sound alert | TRUE | Turn this alert on or off |
| Enable mail alert | FALSE | Turn this alert on or off |
| Fr period | 6 | Period or timeframe used by the calculation |
| Max bars | 500 | |
| Rasrad | 16 | |
| Level | 15 | |
| Sound alert | TRUE | Turn this alert on or off |
| Alert only sound | false | Turn this alert on or off |
| Sound | alert2.wav | Turn this alert on or off |
| Objects identifier | SDXTzPivots | |
| Indicator on | true | |
| Hrs server tz from gmt | 3 | Data collection Tz of your server |
| Hrs choice t zfrom gmt | 1 | New destination Tz governing data |
| Show 1 daily 2 fibo 3 fzp | 1 | |
| Pivot lines placement | Start with fullscreen lines, enter '1' | |
| __ | Start lines at Day Separator, enter '2' | |
| ___ | Start lines at current candle, enter '3' | |
| Enter line placement number | 3 | |
| Label items | ||
| Margin labels for fullscreen | false | |
| Include price in line labels | false | |
| Slide labels lr decr incr | 0 | -# to move left, +# to move right |
| Zoom adjust 3 6 15 30 50 | 10 | for 8,9 fontsize: 2, 5, 10, 20, 40 |
| Fix labels near right boundary | true | |
| Move y high y low labels left | -1 | |
| Move open label left | 0 | |
| Move camarilla labels left | 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 · Alerts · Buy/Sell Arrows · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code