GG53KF Scalping
From the Old Kings archive: GG53KF Scalping, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with the Stochastic oscillator, moving averages, CCI and ATR. It draws arrows on the chart and marks candlestick patterns. It has 10 settings, for example Chart TF (default 0), T (default 1.8) and Atr Pd (default 14). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 9 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 GG53KF Scalping
GG53KF Scalping is an indicator for MetaTrader 4 based on Stochastic, Moving Average, CCI and ATR. It draws buy and sell arrows on the chart and marks candlestick patterns. It has 10 settings, such as Chart tf, T and Atr pd. MQL source code included.
Files in the download: GG53KF Scalping\Gadi_NormalizedVolume_v2.0.ex4, GG53KF Scalping\Gadi_TickVolume_v2.2.ex4, GG53KF Scalping\gg53kf.ex4, GG53KF Scalping\gg53kf.mq4, GG53KF Scalping\GG53KFScalping.tpl, GG53KF Scalping\Magic_Vision.ex4, GG53KF Scalping\Magic_Vision.mq4, GG53KF Scalping\NS.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Chart tf | 0 | 1=1M,5=5M,15=15M,30=30M,60=1H,240=4H,1440=D |
| T | 1.8 | Times prev bar Factor |
| Atr pd | 14 | |
| Show alert | true | Turn this alert on or off |
| Display bearish engulfing | true | |
| Display bullish engulfing | true | |
| Period ma fast | 5 | Number of bars in the calculation |
| Period ma med | 15 | Number of bars in the calculation |
| Period ma slow | 60 | Number of bars in the calculation |
| Sensitivity | 1 |
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 · Candlestick Patterns · Stochastic · Moving Average · CCI · ATR · MT4 Indicator · MQL4 Source Code