Turbo Scalping
Turbo Scalping 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 the Stochastic oscillator and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default Current time frame), HMAPeriod (default 89) and HMAPrice (default PRICE_CLOSE). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 11 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 Turbo Scalping
Turbo Scalping is an indicator for MetaTrader 4 based on Stochastic and Moving Average. 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 40 settings, such as Time frame, Hma period and Hma price. MQL source code included.
Files in the download: Arrow with Alert.ex4, Hull master MA.ex4, Hull master MA.mq4, PivotsD_v5 (Black).ex4, show123.mq4, StochCrossing.ex4, StochCrossing.mq4, Stoch_Bars_crossover_alert.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Hma period | 89 | Period or timeframe used by the calculation |
| Hma price | PRICE_CLOSE | |
| Hma speed | 2.0 | |
| Lines visible | true | |
| Lines number | 5 | |
| Color up | Blue | Colour on the chart |
| Color down | Black | Colour on the chart |
| Unique id | HullLines1 | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | 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 |
| Maxbars | 200 | |
| Aggression | 1 | |
| Fontname | Arial Black | |
| Fontsize | 8 | |
| Pip text height | 0 | |
| Note1 | Stochastic settings | |
| Note2 | default = Stoch(30,10,10) | |
| K period1 | 30 | Number of bars in the calculation |
| D period1 | 10 | Number of bars in the calculation |
| Slowing1 | 10 | |
| Note3 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method1 | 0 | |
| Note4 | 0=high/low, 1=close/close | |
| Price field1 | 1 | |
| Note5 | ---------------------------------------- | |
| Note6 | Arrow Type | |
| Note7 | 0=Thick, 1=Thin, 2=Hollow, 3=Round | |
| Note8 | 4=Fractal, 5=Diagonal Thin | |
| Note9 | 6=Diagonal Thick, 7=Diagonal Hollow | |
| Note10 | 8=Thumb, 9=Finger | |
| Arrow type | 3 | |
| Note11 | ---------------------------------------- | |
| Alert on | true | Turn this alert on or off |
| Note13 | ---------------------------------------- | |
| Send an email | false | Turn this alert on or off |
| Note15 | ---------------------------------- Try |
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) · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code