Forex Zero Lag Stochastic Scalping Strategy
From the Old Kings archive: Forex Zero Lag Stochastic Scalping Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around the Stochastic oscillator and short scalping trades. In the code it works with Parabolic SAR. It draws arrows on the chart and can send alerts. It has 4 settings, for example Sniper (default 0.01), Sniper SS (default 0.1) and Sniper P (default 7). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Zero Lag Stochastic Scalping Strategy
Forex Zero Lag Stochastic Scalping Strategy is an indicator for MetaTrader 4 based on Parabolic SAR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 4 settings, such as Sniper, Sniper ss and Sniper p. MQL source code included.
Files in the download: EMA Crossover.ex4, installation manual.txt, Myfx Fast Trend.ex4, Sniper_Trend_B.mq4, zero lag stochastic scalping.tpl, Zerolagstochs_B.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sniper | 0.01 | |
| Sniper ss | 0.1 | |
| Sniper p | 7 | |
| Alerts enabled | FALSE | Turn this alert on or off |
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 · Stochastic · Buy/Sell Arrows · Alerts · Parabolic SAR · MT4 Indicator · MQL4 Source Code