ETS 1 Min Scalping 2
This Old Kings indicator for MetaTrader 4 is called ETS 1 Min Scalping 2. As the name suggests, the idea behind it is short scalping trades. In the code it works with moving averages. It has 3 settings, for example MAPeriod (default 14), MAType (default 1) and MAApplied Price (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 ETS 1 Min Scalping 2
ETS 1 Min Scalping 2 is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Ma period, Ma type and Ma applied price. MQL source code included.
Files in the download: MA_in_Color_wAppliedPrice.mq4, Stratman_MiniChart_v12.ex4, THV4 HA mql.ex4, Ts code 2.ex4, Ts scalp8.ex4, TS Scalping.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 14 | Period or timeframe used by the calculation |
| Ma type | 1 | |
| Ma applied price | 0 | 0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+l |
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 · Moving Average · MT4 Indicator · MQL4 Source Code