Master Scalping 4
Master Scalping 4 — 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, moving averages and CCI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 13 settings, for example color1 (default Red), color2 (default White) and color3 (default Red). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 24 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 Master Scalping 4
Master Scalping 4 is an indicator for MetaTrader 4 based on MACD, Moving Average and CCI. 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 13 settings, such as Color1, Color2 and Color3. MQL source code included.
Files in the download: Master Scalping\1111.ex4, Master Scalping\1super-signals-channel.ex4, Master Scalping\Corss.ex4, Master Scalping\GannHiLo-Histo.ex4, Master Scalping\GenesisMatrix 2.21_1.ex4, Master Scalping\GenesisMatrix 2.21_1.mq4, Master Scalping\Heiken Ashi (2).ex4, Master Scalping\Heiken Ashi (2).mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Color1 | Red | Colour on the chart |
| Color2 | White | Colour on the chart |
| Color3 | Red | Colour on the chart |
| Color4 | White | Colour on the chart |
| Time frame | 0 | Period or timeframe used by the calculation |
| Fast ema | 7 | |
| Slow ema | 19 | |
| Signal sma | 7 | |
| Applied price | 0 | |
| Wave period | 10 | Period or timeframe used by the calculation |
| Avg period | 21 | Period or timeframe used by the calculation |
| Sound alert | FALSE | Turn this alert on or off |
| Email alert | FALSE | Turn this alert on or off |
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 · Moving Average · CCI · MT4 Indicator · MQL4 Source Code