Rockwell Scalping
Rockwell Scalping is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to short scalping trades. Its source code uses RSI and moving averages. It has 8 settings, for example color1 (default Red), color2 (default White) and color3 (default Red). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 Rockwell Scalping
Rockwell Scalping is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 8 settings, such as Color1, Color2 and Color3. MQL source code included.
Files in the download: Rockwell Scalping\rockwell scalping system.tpl, Rockwell Scalping\indicators\Delta Trend.ex4, Rockwell Scalping\indicators\Heiken Ashi.mq4, Rockwell Scalping\indicators\Laguerre.mq4, Rockwell Scalping\indicators\QQE.mq4, Rockwell Scalping\indicators\SSL.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 |
| Gamma | 0.7 | |
| Count bars | 950 | |
| SF | 5 | |
| Lb | 10 |
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 · RSI · Moving Average · MT4 Indicator · MQL4 Source Code