Scalping M1
Scalping M1 — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. Its source code uses moving averages and CCI. It draws arrows on the chart, can send alerts and shows an on-chart panel. It has 40 settings, for example Show Only Pair On Chart (default false), MA Method (default 3) and Price (default 6). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 14 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 M1
Scalping M1 is an indicator for MetaTrader 4 based on Moving Average and CCI. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and shows several symbols in one panel. It has 40 settings, such as Show only pair on chart, Ma method and Price. MQL source code included.
Files in the download: CCFp_1.mq4, CCI_Alert-test.mq4, Grid Builder.mq4, HeatMapModokiV1.mq4, Magnified Market Price_AskBid.mq4, MTF_HI_LOW_v1.mq4, RSI_Divergence_v2.ex4, Spread Indicator.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Show only pair on chart | false | |
| Ma method | 3 | |
| Price | 6 | |
| Fast | 3 | |
| Slow | 5 | |
| USD | 1 | |
| EUR | 1 | |
| GBP | 1 | |
| CHF | 1 | |
| JPY | 1 | |
| AUD | 1 | |
| CAD | 1 | |
| NZD | 1 | |
| Color usd | Green | Colour on the chart |
| Color eur | DarkBlue | Colour on the chart |
| Color gbp | Red | Colour on the chart |
| Color chf | Chocolate | Colour on the chart |
| Color jpy | Maroon | Colour on the chart |
| Color aud | DarkOrange | Colour on the chart |
| Color cad | Purple | Colour on the chart |
| Color nzd | Teal | Colour on the chart |
| Line thickness | 2 | |
| All bars | 0 | |
| Last bars | 0 | |
| Cci periode | 200 | Number of bars in the calculation |
| Apply to | 0 | |
| Over bought | 100 | |
| Over sold | -100 | |
| Ahi | ******* ALERT SETTINGS: | |
| Alert candle | 0 | 0:current, 1:last bar, etc. |
| Popup alerts | true | Turn this alert on or off |
| Email alerts | false | Turn this alert on or off |
| Push notification alerts | false | Turn this alert on or off |
| Sound alerts | false | Turn this alert on or off |
| Sound file long | alert.wav | Turn this alert on or off |
| Sound file short | alert2.wav | Turn this alert on or off |
| Grid space | 50 | |
| Before min | 60 | |
| Font size | 12 | |
| Font name | Arial |
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 · Dashboards & Scanners · Moving Average · CCI · MT4 Indicator · MQL4 Source Code