Forex Trend Cycle Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Trend Cycle Scalping Strategy. Judging by its name, it is built around short scalping trades and following the trend. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 19 settings, for example Custom Indicator (default Fortsettelse), Copyright (default 2010, SmartFxSol,LLC.) and Web Address (default www.SmartFxSol.com). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 12 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 Trend Cycle Scalping Strategy
Forex Trend Cycle Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 19 settings, such as Custom indicator, Copyright and Web address. MQL source code included.
Files in the download: # Fortsettelse.mq4, # Fortsettelse~.ex4, # GM Signal.ex4, # GM Signal.mq4, GTL-index.ex4, GTL-index.mq4, Pescador.ex4, Pescador.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Custom indicator | Fortsettelse | |
| Copyright | 2010, SmartFxSol,LLC. | |
| Web address | www.SmartFxSol.com | |
| Ma method help | SMA=0, EMA=1 | |
| Ma method | 0 | |
| Ma period | 2.0 | Period or timeframe used by the calculation |
| FN | 34 | |
| Deviation | 3.0 | |
| Fast ema | 5 | |
| Slow ema | 13 | |
| Gtl period | 13 | Period or timeframe used by the calculation |
| Signal period | 8 | Period or timeframe used by the calculation |
| Signals | TRUE | |
| Count bars | 1500 | |
| Range periods | 10 | Number of bars in the calculation |
| Price smoothing | 0.3 | |
| Index smoothing | 0.3 | |
| Period | 10 | Period or timeframe used by the calculation |
| Smoozing | 2 |
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 · Trend · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code