Forex Volatility Method Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Volatility Method Scalping Strategy. Its name points to market volatility and short scalping trades. In the code it works with moving averages and Heiken Ashi. It draws arrows on the chart and can send alerts. It has 40 settings, for example Clock Color (default DimGray), Corner Placement (default 1 is top right 3 is bott) and Corner (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 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 Volatility Method Scalping Strategy
Forex Volatility Method Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and Heiken Ashi. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Clock color, Corner placement and Corner. MQL source code included.
Files in the download: Candle Time & Spread.mq4, CDRW_TRO_MODIFIED_VERSION.mq4, daily_open_line.ex4, FFCal.mq4, i-Sessions1.mq4, installation manual.txt, SDX-TzPivots.mq4, Synergy_Volatility.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Clock color | DimGray | Colour on the chart |
| Corner placement | 1 is top right 3 is bottom right | |
| Corner | 3 | |
| Number of bars | 300 | |
| Offset | 5 | |
| Include high | true | |
| Include medium | true | |
| Include low | false | |
| Include speaks | true | news items with "Speaks" in them have different characteristics |
| Alert mins before | -1 | Set to -1 for no Alert |
| Alert mins before2 | -1 | Set to -1 for no Alert |
| Txt size | 10 | |
| Txt color news | DeepSkyBlue | Colour on the chart |
| Txt color impact high | Red | Colour on the chart |
| Txt color impact medium | Orange | Colour on the chart |
| Txt color impact low | Yellow | Colour on the chart |
| Number of days | 7 | |
| Asia begin | 01:00 | Hour when trading starts (server time) |
| Asia end | 10:00 | |
| Asia color | DarkGreen | Colour on the chart |
| Eur begin | 07:00 | Hour when trading starts (server time) |
| Eur end | 16:00 | |
| Eur color | DarkSlateGray | Colour on the chart |
| Usa begin | 14:00 | Hour when trading starts (server time) |
| Usa end | 23:00 | |
| Usa color | Navy | Colour on the chart |
| Show price | True | |
| Cl font | Blue | |
| Size font | 8 | |
| Off set | 10 | |
| Local time zone | 0 | |
| Dest time zone | 0 | |
| Line style | 2 | |
| Line thickness | 1 | |
| Show comment | false | Comment written on the orders |
| Show high low open | false | |
| Show sweet spots | false | |
| Show pivots | true | |
| Show mid pitvot | true | |
| Show fibos | false |
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 · Moving Average · Heiken Ashi · MT4 Indicator · MQL4 Source Code