Ultra Profit Scalping (Indicator MT4)
From the Old Kings archive: Ultra Profit Scalping (Indicator MT4), an indicator for MetaTrader 4. Its name points to short scalping trades. In the code it works with moving averages and ATR. It draws arrows on the chart and can send alerts. It has 17 settings, for example Bands Period (default 20), Bands Shift (default 0) and Bands Deviations (default 2.0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 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 Ultra Profit Scalping (Indicator MT4)
Ultra Profit Scalping (Indicator MT4) is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 17 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: How to Install Indicators and EAs in MetaTrader 4 (A_Step_By_Step_Guide) .pdf, Read Me .pdf, Ultra Profit Scalping (instructions) .pdf, Bands.ex4, Bands.mq4, EMA_Cross__SES__BDv8_12_31.ex4, EMA_Cross__SES__BDv8_12_31.mq4, Flat Pulse.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 20 | Bands Period |
| Bands shift | 0 | Bands Shift |
| Bands deviations | 2.0 | Bands Deviations |
| Faster ema | 2 | |
| Slower ema | 15 | |
| Sound on | true | Turn this alert on or off |
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 20 | |
| Kelt factor | 1.5 | |
| Mom prd | 12 | |
| Stc period | 10 | Period or timeframe used by the calculation |
| Fast ma period | 23 | Period or timeframe used by the calculation |
| Slow ma period | 50 | Period or timeframe used by the calculation |
| First bar | 1 | ( StartTL ) |
| Delta bar | 3 | |
| Ins line | true |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code