Gadi Scalping
From the Old Kings archive: Gadi Scalping, an indicator for MetaTrader 4. Judging by its name, it is built around short scalping trades. In the code it works with moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example note1 (default First Moving Average), MA1 (default 3) and note2 (default 0=sma, 1=ema, 2=smma, 3=). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 37 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 Gadi Scalping
Gadi Scalping is an indicator for MetaTrader 4 based on Moving Average. 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 Note1, MA1 and Note2. MQL source code included.
Files in the download: !MoneyLine2.ex4, !MoneyLine2.mq4, 1min Power Line.ex4, 2MA CrossoverWithPrice.ex4, 2MA CrossoverWithPrice.mq4, 5.ex4, BobokusFibo.ex4, BobokusFibo.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | First Moving Average | |
| MA1 | 3 | |
| Note2 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma1 mode | 1 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Note2b | 0=close, 1=open, 2=high, 3=low, | |
| Note2c | 4=median(high+low)/2, | |
| Note2d | 5=typical(high+low+close)/3, | |
| Note2e | 6=weighted(high+low+close+close)/4 | |
| Ma1 price | 1 | 0=close, 1=open, 2=high, 3=low, 4=median(high+low)/2, 5=typical(high+low+close)/3, 6=weighted(high+l |
| Note3 | ---------------------------------------- | |
| Note4 | Second Moving Average | |
| MA2 | 7 | |
| Note5 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma2 mode | 1 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Note5b | 0=close, 1=open, 2=high, 3=low, | |
| Note5c | 4=median(high+low)/2, | |
| Note5d | 5=typical(high+low+close)/3, | |
| Note5e | 6=weighted(high+low+close+close)/4 | |
| Ma2 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 |
| Note6 | ---------------------------------------- | |
| Note7 | Arrow Type | |
| Note8 | 0=Thick, 1=Thin, 2=Hollow, 3=Round | |
| Note9 | 4=Fractal, 5=Diagonal Thin | |
| Note10 | 6=Diagonal Thick, 7=Diagonal Hollow | |
| Note11 | 8=Thumb, 9=Finger | |
| Arrow type | 2 | |
| Note12 | ---------------------------------------- | |
| Alert on | true | Turn this alert on or off |
| Note14 | ---------------------------------------- | |
| Send an email | false | Turn this alert on or off |
| Bars back | 300 | |
| User name | xxx | |
| Password | xxx | |
| Low sensitivity | 15 | |
| High sensitivity | 15 | |
| Pivot length | 4 | |
| Pivot signals | TRUE | |
| Font size | 10 | |
| Traders pivots on | TRUE | |
| Traders pivots color | Aqua | 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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code