Scalping Grail MT4 Trading System
This Old Kings indicator for MetaTrader 4 is called Scalping Grail MT4 Trading System. Its name points to short scalping trades. In the code it works with the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 11 settings, for example color1 (default Red), color2 (default White) and color3 (default Red). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 12 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 Grail MT4 Trading System
Scalping Grail MT4 Trading System is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 11 settings, such as Color1, Color2 and Color3. MQL source code included.
Files in the download: EJ_CandleTime.ex4, GSO_Alert Inv.ex4, GSO_Arrows.ex4, Heiken Ashi.ex4, Heiken Ashi.mq4, MBFX Timing.ex4, PPO.ex4, Stochastic-X8.ex4 ….
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 |
| Stoch d | 12 | |
| Stoch k | 8 | |
| Stoch s | 5 | |
| Koef | 1.2 | |
| Signal gap | 4 | |
| Show bars | 500 | |
| Alert 1 | true | Turn this alert on or off |
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 · Stochastic · MT4 Indicator · MQL4 Source Code