Forex Volatility Open Scalping Strategy
Forex Volatility Open Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is market volatility and short scalping trades. Its source code uses moving averages and ATR. It draws arrows on the chart. It has 21 settings, for example Price (default 0), Length (default 10) and Displace (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Open Scalping Strategy
Forex Volatility Open Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart. It has 21 settings, such as Price, Length and Displace. MQL source code included.
Files in the download: installation manual.txt, nonlagdot.mq4, precentualzz_victor.mq4, PriceTrigger.mq4, pzz.tpl, Volatility.Pivot.Open.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | |
| Length | 10 | |
| Displace | 0 | |
| Filter | 0 | |
| Color | 1 | Colour on the chart |
| Color bar back | 2 | Colour on the chart |
| Deviation | 0 | |
| Percent | 0.04 | |
| Percent | 0.04 | |
| Nld price | 0 | |
| Nld length | 20 | |
| Nld displace | 0 | |
| Nld filter | 0 | |
| Nld color | 1 | Colour on the chart |
| Nld color bar back | 0 | Colour on the chart |
| Nld deviation | 0 | |
| Atr range | 100 | |
| Ima range | 10 | |
| Atr factor | 3 | |
| Mode | 0 | |
| Delta price | 30 |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code