Supertrend Scalping
From the Old Kings archive: Supertrend Scalping, an indicator for MetaTrader 4. Judging by its name, it is built around the SuperTrend line and short scalping trades. It draws arrows on the chart and can send alerts. It has 15 settings, for example dist1 (default 72), shift1 (default 36) and dist2 (default 288). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 15 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 Supertrend Scalping
Supertrend 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 15 settings, such as Dist1, Shift1 and Dist2. MQL source code included.
Files in the download: 2-super-signals_v2b.ex4, DeltaTrend1.ex4, My Scalping.tpl, Renko Super-signals_v3 double.ex4, Renko Super-signals_v3 double.mq4, RSI.ex4, RSI.mq4, Stochastic.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Dist1 | 72 | |
| Shift1 | 36 | Bar shift (0 = current bar) |
| Dist2 | 288 | |
| Shift2 | 144 | Bar shift (0 = current bar) |
| Alerts on | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Sound file | alert2.wav | Turn this alert on or off |
| Rsi period | 14 | RSI Period |
| K period | 5 | K Period |
| D period | 3 | D Period |
| Slowing | 3 | Slowing |
| Signal gap | 4 | |
| Show bars | 500 |
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 · MT4 Indicator · MQL4 Source Code