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BO Magnum Scalping

From the Old Kings archive: BO Magnum Scalping, an indicator for MetaTrader 4. Its name points to short scalping trades. It has 10 settings, for example Text Color (default Chocolate), Font Size (default 10) and Font Name (default Lucida Console). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 BO Magnum Scalping

BO Magnum Scalping is an indicator for MetaTrader 4. It has 10 settings, such as Text color, Font size and Font name. MQL source code included.

Files in the download: BO Magnum Scalping\FXProSystems - best Trading Systems and Indicators.url, BO Magnum Scalping\MQL4\Indicators\Indicador Invertir Mejor 2.ex4, BO Magnum Scalping\MQL4\Indicators\P4L CandleTime.mq4, BO Magnum Scalping\MQL4\Indicators\Stochastic_Buy_Sell_Arrows.ex4, BO Magnum Scalping\MQL4\Indicators\SuppRTF.ex4, BO Magnum Scalping\MQL4\Indicators\vline_1_1.mq4, BO Magnum Scalping\templates\Magnum Scalping V.3.tpl.

Settings

SettingDefaultWhat it does
Text colorChocolateColour on the chart
Font size10
Font nameLucida ConsoleWas 9,Verdana but spaces were too narrow. Must have fixed font. Alt: Fixedsys
Display time by the bartrue
Display time commentfalseComment written on the orders
Text usually above price linefalse
Spread factor1.01.0 is normal. If >1, text is farther away from price line.
Auto time shift adjusttrueNecessary when used with "P4L PeriodCon.mq4". It adjusts for Symbol() names like: "EURUSD+1H"
Adjust weekly time remain by min0At least one broker's Weekly feed has a flakey error. The weekly bars SAY they begin
Line colorLightSlateGrayColour on the chart

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Scalping · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria