Forex Turning Points Scalping Strategy
From the Old Kings archive: Forex Turning Points Scalping Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with RSI, moving averages and CCI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 22 settings, for example RSI Period (default 21), RSI Price (default 0) and Overbought (default 50). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 Turning Points Scalping Strategy
Forex Turning Points Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and CCI. 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 22 settings, such as Rsi period, Rsi price and Overbought. MQL source code included.
Files in the download: !ssl_rsi_ema_cci.tpl, installation manual.txt, rsi chart bars.mq4, SIDUS_EMA_RSI_CCI.mq4, SSL_fast_sBar_mod_1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 21 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Overbought | 50 | |
| Oversold | 50 | |
| Alerts | true | Turn this alert on or off |
| Tunnel alerts | false | Turn this alert on or off |
| Email alerts | false | Turn this alert on or off |
| Faster ema | 5 | |
| Slower ema | 12 | |
| Faster sidus ema | 18 | |
| Slower sidus ema | 28 | |
| Lb | 10 | |
| Ssl ma method | 0 | |
| Ssl bar level | 50 | BarLevel 10-90 |
| Write file on | true | |
| Msg box | true | |
| Alerts sound | true | Turn this alert on or off |
| Sound file | TP1M.wav | enterSoundFile |
| Send email | false | Turn this alert on or off |
| Alerts after bar close | true | Turn this alert on or off |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 |
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 · Multi-Timeframe (MTF) · RSI · Moving Average · CCI · MT4 Indicator · MQL4 Source Code