Scalper 2 2
Scalper 2 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. It draws arrows on the chart. It has 12 settings, for example Hours2Check (default 8), Close Hour (default 9) and Earliest Open Hour (default 14). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 Scalper 2 2
Scalper 2 2 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 12 settings, such as Hours2 check, Close hour and Earliest open hour. MQL source code included.
Files in the download: license.txt, graf33.gif, graf1.gif, graf2.gif, graf3.gif, LevelSC_12.ex4, LevelSC_12.mq4, LevelSC_8.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Hours2 check | 8 | |
| Close hour | 9 | |
| Earliest open hour | 14 | |
| Days2 check | 10 | |
| Channel k | 1.5 | |
| Check hour | 12 | 12 // |
| Profit k | 2 | 2 // |
| Loss k | 1.5 | 1.5 // |
| Offset k | 2.5 | 2.5 // |
| Ma period | 13 | Period or timeframe used by the calculation |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Ma method | 0 |
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 · MT4 Indicator · MQL4 Source Code