Stochastic Scalping
This Old Kings indicator for MetaTrader 4 is called Stochastic Scalping. Its name points to the Stochastic oscillator and short scalping trades. It draws arrows on the chart and can send alerts. It has 3 settings, for example All Bars (default 0), Otstup (default 17) and Per (default 13). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Stochastic Scalping
Stochastic Scalping is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 3 settings, such as All bars, Otstup and Per. MQL source code included.
Files in the download: 2.PNG, Forex Winners Free Download Downlod free trading sysrems , indicators and fore, SHI-SIGNAL.mq4, stochastic scalping.jpg, stochastic scalping.tpl, StochasticColor.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| All bars | 0 | How many bars should be counted. 0 - all the bars. |
| Otstup | 17 | Step back. |
| Per | 13 | Period. |
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 · Stochastic · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code