5 Minute Scalper
5 Minute Scalper is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. It has 11 settings, for example location (default 1), display Server Time (default 0) and font Size (default 9). 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 5 Minute Scalper
5 Minute Scalper is an indicator for MetaTrader 4. It has 11 settings, such as Location, Display server time and Font size. MQL source code included.
Files in the download: 5 Minute scalper.tpl, Candle-Closing-Time-Remaining-(CCTR).ex4, Candle-Closing-Time-Remaining-(CCTR).mq4, pipsometer_decimal_edit_3.ex4, pipsometer_decimal_edit_3.mq4, Price Lines.ex4, S.S.Early Alert_Arrows.ex4, Time_vLines.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Location | 1 | |
| Display server time | 0 | |
| Font size | 9 | |
| Colour | Silver | Colour on the chart |
| Color1 | Black | Colour on the chart |
| Color2 | Black | Colour on the chart |
| All symbols | false | |
| Corner | 3 | |
| Hour num | 4 | |
| Minute num | 0 | |
| Line color | Red | Colour on the chart |
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 · MT4 Indicator · MQL4 Source Code