Scalping Golden
This Old Kings indicator for MetaTrader 4 is called Scalping Golden. Judging by its name, it is built around short scalping trades. In the code it works with moving averages. It draws arrows on the chart and can read another timeframe. It has 28 settings, for example Fast Limit (default 0.5), Slow Limit (default 0.05) and ADX Length (default 2). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 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 Scalping Golden
Scalping Golden is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 28 settings, such as Fast limit, Slow limit and Adx length. MQL source code included.
Files in the download: Scalping Golden\#MAMA.mq4, Scalping Golden\Arrow Buy-Sell.ex4, Scalping Golden\FantailVMA3.mq4, Scalping Golden\Heiken Zma seprate windows.mq4, Scalping Golden\high_low_range.mq4, Scalping Golden\LSMA in Color3.mq4, Scalping Golden\LSMA in Color3ali.mq4, Scalping Golden\LSMA signal.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast limit | 0.5 | |
| Slow limit | 0.05 | |
| Adx length | 2 | |
| Weighting | 2.0 | |
| Ma length | 1 | This must be =1 so that the VMA base line does not get averaged. |
| Ma mode | 1 | |
| Lengthzma2 | 50 | |
| Lengthzma3 | 50 | |
| N zlma sm method | 1 | |
| N zlma method | 1 | |
| N zlma shift | 0 | Bar shift (0 = current bar) |
| N zlma sm shift | 0 | Bar shift (0 = current bar) |
| Time frame | 1440 | Period or timeframe used by the calculation |
| DH | 1000 | |
| Rperiod | 14 | Period or timeframe used by the calculation |
| Draw4 how longg | 1500 | |
| E ma lentgh | 3 | |
| E ma price | 4 | |
| TF | 0 | Period or timeframe used by the calculation |
| Lsma period | 100 | Period or timeframe used by the calculation |
| Lsma slope | 50 | |
| Lenght | 10 | |
| KV | 1.0 | |
| Mode | 0 | |
| Jma | 5 | |
| N zlma period | 21 | Period or timeframe used by the calculation |
| N zlma appl price | 0 | |
| N zlma sm period | 21 | Period or timeframe used by the calculation |
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 · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code