Forex Master Probability Scalping Strategy
Forex Master Probability Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses MACD, RSI and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example alertp (default == Alert Parameters ==), Alert Arrow (default false) and Alert Arrow Prob (default false). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Master Probability Scalping Strategy
Forex Master Probability Scalping Strategy is an indicator for MetaTrader 4 based on MACD, RSI and Stochastic. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Alertp, Alert arrow and Alert arrow prob. MQL source code included.
Files in the download: ###Gann_HiLo_Activator_v2###.ex4, #MTF_ Gann_HiLo_Activator_v2.ex4, II_PipAccumulator.mq4, installation manual.txt, master prob.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alertp | == Alert Parameters == | Turn this alert on or off |
| Alert arrow | false | Turn this alert on or off |
| Alert arrow prob | false | Turn this alert on or off |
| Macdp | == MACD Parameters == | |
| Fast ema | 24 | |
| Slow ema | 52 | |
| Macd sma | 18 | |
| Macd applyto | 0 | |
| Tflp | == TimeFrame Weight == | |
| M1 | 0.01 | |
| M5 | 0.04 | |
| M15 | 0.15 | |
| M30 | 0.15 | |
| H1 | 0.2 | |
| H4 | 0.5 | |
| D1 | 1.0 | |
| W1 | 2.5 | |
| MN1 | 5.0 | |
| Txd | == Text Display Parameters == | |
| Write acc info | false | |
| Write flags | true | |
| Font size | 8 | |
| V pos | 50 | |
| H pos | 50 | |
| Font | Arial | |
| Text color | Black | Colour on the chart |
| Dn box color | PaleVioletRed | Colour on the chart |
| Up box color | PaleGreen | Colour on the chart |
| Inp | == Indicators Percentage == | |
| Macd per | 25 | |
| Sar per | 25 | |
| Rsi per | 10 | |
| Stoch per | 10 | |
| Sma1 per | 10 | |
| Ema1 per | 10 | |
| Ema2 per | 10 | |
| Imdp | == Indicators MACD Parameters == | |
| Macd fast ema | 12 | |
| Macd slow ema | 26 | |
| Macd sma | 9 |
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 · Alerts · Multi-Timeframe (MTF) · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code