Orion Scalpers
Orion Scalpers — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses divergence checks and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example note1 (default Chart Time Frame), note2 (default 0=current time frame) and note3 (default 1=M1, 5=M5, 15=M15, 30=M). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 77 indicator files with source code (.mq4) you can open and edit in MetaEditor and 1 settings file (.set). 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 Orion Scalpers
Orion Scalpers is an indicator for MetaTrader 4 based on Divergence and Stochastic. 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, Note2 and Note3. MQL source code included.
It also shows several symbols in one panel.
Files in the download: !!Color Stochastic v1.02.mq4, !!Color Stochastic.ex4, !!Color Stochastic.mq4, Accelerator.ex4, Accelerator.mq4, Accumulation.ex4, Accumulation.mq4, Alligator.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Chart Time Frame | |
| Note2 | 0=current time frame | |
| Note3 | 1=M1, 5=M5, 15=M15, 30=M30 | |
| Note4 | 60=H1, 240=H4, 1440=D1 | |
| Note5 | 10080=W1, 43200=MN1 | |
| Time frame | 0 | {1=M1, 5=M5, 15=M15, ..., 1440=D1, 10080=W1, 43200=MN1} |
| Note6 | Stochastic settings | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Note7 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method | 0 | |
| Note8 | 0=high/low, 1=close/close | |
| Price field | 0 | |
| Note9 | overbought level | |
| Over bought | 80 | |
| Note10 | oversold level | |
| Over sold | 20 | |
| Show bars | false | |
| Show arrows | false | |
| Alerts on | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Jaws period | 13 | Jaws Period |
| Jaws shift | 8 | Jaws Shift |
| Teeth period | 8 | Teeth Period |
| Teeth shift | 5 | Teeth Shift |
| Lips period | 5 | Lips Period |
| Lips shift | 3 | Lips Shift |
| Atr period | 14 | ATR Period |
| Bands period | 20 | Bands Period |
| Bands shift | 0 | Bands Shift |
| Bands deviations | 2.0 | Bands Deviations |
| Bears period | 13 | Bears Period |
| Bulls period | 13 | Period or timeframe used by the calculation |
| Cci period | 14 | CCI Period |
| Ma period | 13 | Period |
| Ma shift | 0 | Shift |
| Ma method | MODE_SMA | Method |
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 · Divergence · Multi-Timeframe (MTF) · Dashboards & Scanners · Stochastic · MT4 Indicator · MQL4 Source Code