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Forex Trend Volume Analysis Scalping Strategy

From the Old Kings archive: Forex Trend Volume Analysis Scalping Strategy, an expert advisor (trading robot) for MetaTrader 4. Its name points to volume, short scalping trades and following the trend. In the code it works with MACD. It raises the lot size after losses (martingale — high risk), places pending orders and moves the stop behind price. It has 40 settings, for example All Bars (default 0), Otstup (default 30) and Per (default 9). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 17 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 Trend Volume Analysis Scalping Strategy

Forex Trend Volume Analysis Scalping Strategy is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It increases the lot size after a losing trade (martingale), places pending buy/sell stop or limit orders and moves the stop loss behind price (trailing stop / break-even). It has 40 settings, such as All bars, Otstup and Per. MQL source code included.

It also trades only in the hours you set (time filter) and can size trades from your balance and risk percent.

Files in the download: Beginner.mq4, BetterVolume 1.4_TRO_MODIFIED_VERSION.mq4, BetterVolume.ex4, installation manual.txt, Trend volume analysis.tpl, TrendValue.mq4, Trendy Dashboard.ex4, Trendy Dashboard.mq4 ….

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
All bars0. 0 - .
Otstup30.
Per9.
Number of bars500
Ma period100Period or timeframe used by the calculation
Look back20
My corner1
My fontArial Bold
My font size12
Climax high colorRedColour on the chart
Neutral colorDeepSkyBlueColour on the chart
Low colorChocolateColour on the chart
High churn colorGreenColour on the chart
Climax low colorNavyColour on the chart
Climax churn colorMagentaColour on the chart
My bar width2
Period13Period or timeframe used by the calculation
Shift percent0Bar shift (0 = current bar)
Atr period15Period or timeframe used by the calculation
Atr sensitivity1.5
Pd----Trad pair inputs----
Show ranging pairsfalse
SimaTrend line inputs
Tl ma td tf10080Time frame defaults to W1
Tl ma td period10Period or timeframe used by the calculation
Tl ma td shift0The MA Shift input
Tl ma td method0
Tl ma td applied price0
Tl compare with candles5
Tl minimum acceptable move100Pure guesswork to make sure there has bee a decent movement in the ma
StmShort-term momentum line inputs (SL)
Sl tf240
Sl fast ma15
Sl slow ma60
ItmIntermediate-term MA of SL line inputs (
Il period90Period or timeframe used by the calculation
Il compare with candles5
Spr----Spread----
Show spreadtrueMaximum spread allowed to trade
Pci----Stats display inputs----

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Scalping · Volume · Trend · Martingale · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria