Free Scalping System
This Old Kings indicator for MetaTrader 4 is called Free Scalping System. Judging by its name, it is built around short scalping trades. It has 2 settings, for example intensity (default 50) and periods (default 800). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 Free Scalping System
Free Scalping System is an indicator for MetaTrader 4. It has 2 settings, such as Intensity and Periods. MQL source code included.
Files in the download: free-scalping-system\MQL4\Indicators\###QQE_Alert_MTF_v5###.ex4, free-scalping-system\MQL4\Indicators\Color_MA.ex4, free-scalping-system\MQL4\Indicators\freescalpingindicator~.ex4, free-scalping-system\MQL4\Indicators\freescalpingindicator~.mq4, free-scalping-system\MQL4\Indicators\MACD_colored.ex4, free-scalping-system\MQL4\Indicators\SDX-TzPivots.ex4, free-scalping-system\templates\Free Scalping System.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Intensity | 50 | |
| Periods | 800 | Number of bars in the calculation |
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