Scalp Modification
Scalp Modification is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses CCI. It can send alerts. It has 21 settings, for example Use Sunday Data (default True), Daily (default True) and Daily SR Levels (default True). 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 Scalp Modification
Scalp Modification is an indicator for MetaTrader 4 based on CCI. It can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Use sunday data, Daily and Daily sr levels. MQL source code included.
Files in the download: ###Auto Pivot.mq4, #SpudFibo.mq4, DoublecciWoody.mq4, EJ_CandleTime.mq4, Heiken_Ashi_Smoothed.ex4, Scalp Modification.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use sunday data | True | |
| Daily | True | |
| Daily sr levels | True | |
| Weekly | True | |
| Weekly sr levels | False | |
| Monthly | True | |
| Monthly sr levels | False | |
| Note1 | Fibonacci colors | |
| Upper fibo color | Navy | Colour on the chart |
| Main fibo color | RoyalBlue | Colour on the chart |
| Lower fibo color | DodgerBlue | Colour on the chart |
| Note2 | Draw main Fibonacci lines? | |
| Inner fibs | true | |
| Trend cci period | 14 | 14 |
| Entry cci period | 6 | 6 |
| Trend period | 2 | 6 |
| Count bars | 1000 | |
| Zero cross alert | Turn this alert on or off | |
| Line size1 | 2 | |
| Line size2 | 3 | |
| Line size3 | 2 | 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 · Alerts · CCI · MT4 Indicator · MQL4 Source Code