TMA Scalping Update 30 05 2020 2
TMA Scalping Update 30 05 2020 2 is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 36 settings, for example Time Frame (default PERIOD_CURRENT), Amplitude (default 2.0) and alerts On (default true). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 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 TMA Scalping Update 30 05 2020 2
TMA Scalping Update 30 05 2020 2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 36 settings, such as Time frame, Amplitude and Alerts on. MQL source code included.
Files in the download: HalfTrend 2.mq4, HalfTrend TT [x5v4].mq4, TMA+CG mladen NRP TEAMTRADER2.mq4, TMA+CG MTF AA TT NoRePaint.ex4, TMA+CG MTF AA TT NoRePaint.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Amplitude | 2.0 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts notification | true | false; |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Show bars | false | true; |
| Show arrows | true | |
| Arrow size | 2 | |
| Uparrow code | 233 | |
| Dnarrow code | 234 | |
| Arrows on first bar | true | |
| Factor | 2 | m15 = 6; () |
| Series start | MODE_LOW | 1 0; |
| Series end | MODE_HIGH | 2 3; |
| _________ | HalfTrend 1.01 __ 1.02 | default Options for |
| M amode | MODE_SMA | |
| M aprice start | PRICE_LOW | |
| M aprice end | PRICE_HIGH | |
| At rdelta | 0.5 | |
| Half length | 21 | |
| Price | PRICE_WEIGHTED | |
| Bands deviations | 2.1 | |
| Interpolate | true | |
| Alerts on high low | false | Turn this alert on or off |
| Set arrows | Set_arrows | |
| Code up | 119 | |
| Code dn | 119 | |
| Size | 6 | |
| Gap | 1.5 | |
| Deviation | 2.5 | |
| Signalbar | 1 | |
| Alerts mobile | false | Turn this alert on or off |
| Sound file | alert.wav | 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 · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code