Stocycle Scalping (Indicators MT4)
From the Old Kings archive: Stocycle Scalping (Indicators MT4), an indicator for MetaTrader 4. Judging by its name, it is built around short scalping trades. In the code it works with the Stochastic oscillator. It draws arrows on the chart. It has 2 settings, for example Periode (default 61.8) and Period Length (default 48). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Stocycle Scalping (Indicators MT4)
Stocycle Scalping (Indicators MT4) is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart. It has 2 settings, such as Periode and Period length. MQL source code included.
Files in the download: i-HighLowMiddle.mq4, StoCycle.mq4, How install an Expert Advisor on MT4 .pdf, How to Install Indicators in MetaTrader 4 (A_Step_By_Step_Guide) .pdf, Stocycle Scalping (instructions) .pdf, Como Instalar indicatores no MetaTrader 4 .pdf, Cycle Scalping (instruções) .pdf, Cómo instalar indicadores en MetaTrader 4 .pdf ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Periode | 61.8 | Number of bars in the calculation |
| Period length | 48 | Number of bars in 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 · Stochastic · MT4 Indicator · MQL4 Source Code