Forex Wick Buy Sell Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Wick Buy Sell Scalping Strategy. Its name points to short scalping trades. In the code it works with ATR. It has 4 settings, for example Show Atr (default false), Atr Period (default 14) and k Atr (default 0.62). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Wick Buy Sell Scalping Strategy
Forex Wick Buy Sell Scalping Strategy is an indicator for MetaTrader 4 based on ATR. It has 4 settings, such as Show atr, Atr period and K atr. MQL source code included.
Files in the download: installation manual.txt, wick 5min.tpl, Wick-O-Gram.mq4, wick0.3.mq4, wickatr h1.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show atr | false | |
| Atr period | 14 | Period or timeframe used by the calculation |
| K atr | 0.62 | |
| Show net wick | true |
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 · ATR · MT4 Indicator · MQL4 Source Code