Market Scalper Pro Educated 3
From the Old Kings archive: Market Scalper Pro Educated 3, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 26 settings, for example Indicator (default MarketScalper PRO Series), Trading Style (default 4) and Manual (default FALSE). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Market Scalper Pro Educated 3
Market Scalper Pro Educated 3 is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 26 settings, such as Indicator, Trading style and Manual. MQL source code included.
Files in the download: MarketScalper PRO Educated\Rules read this.pdf, MarketScalper PRO Educated\MQL4\Indicators\MarketScalper PRO Version 5.5_edu.ex4, MarketScalper PRO Educated\MQL4\Indicators\MarketScalper PRO Version 5.5_edu.mq4, MarketScalper PRO Educated\MQL4\Indicators\MarketScalper PRO Version 5.5_edu1.ex, MarketScalper PRO Educated\templates\marketscalper pro educated.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator | MarketScalper PRO Series | |
| Trading style | 4 | |
| Manual | FALSE | |
| Range | 20 | |
| Sensitivity | 15 | |
| Filter signals | TRUE | |
| Serial number | Educated by 4words (WWI) | |
| Client number | Educated by 4words (WWI) | |
| Display market bias | TRUE | |
| Display build info | TRUE | |
| Alert on | TRUE | Turn this alert on or off |
| Alert pop up on | TRUE | Turn this alert on or off |
| Send email | FALSE | Turn this alert on or off |
| Set email | Set email in Tools>Opt.>Email | Turn this alert on or off |
| Arrow distance | 10 | Distance between orders |
| Arrow type | 0 | |
| Arrow size | 2 | |
| Buy arrow color | Yellow | Colour on the chart |
| Sell arrow color | Red | Colour on the chart |
| Buy sound | 1 | Turn this alert on or off |
| Sell sound | 1 | Turn this alert on or off |
| Dashboard corner | 1 | |
| Count bars | 3000 | |
| About | Range scale is 0 and upwards | |
| About2 | Sensitivity scale is 0-100 | |
| End note | ====Refer to manual for help==== |
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 · MACD · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code