Virt PO Test Bed Scalp M1 3
This Old Kings script for MetaTrader 4 is called Virt PO Test Bed Scalp M1 3. Judging by its name, it is built around short scalping trades. In the code it works with the Stochastic oscillator, moving averages and Bollinger Bands. It can send alerts. It has 40 settings, for example Actv Symbol (default EURUSD), Magic Number (default 10001) and Note1 (default --- PO Trigger Data ---). Scripts run once when you drop them on a chart; try it on a demo account first. Inside: 1 EA file 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.
Script · MT4 · v1.0 · Free
About Virt PO Test Bed Scalp M1 3
Virt PO Test Bed Scalp M1 3 is a script for MetaTrader 4 based on Stochastic, Moving Average and Bollinger Bands. It can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Actv symbol, Magic number and Note1. MQL source code included.
Files in the download: VirtPOTestBed_ScalpM1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Actv symbol | EURUSD | |
| Magic number | 10001 | Magic number that tells this EA's orders apart |
| Note1 | --- PO Trigger Data --- | |
| Tick level | true | Tick Lvl (vs Bar Cls) PO exe |
| Po threshold | 2. | Threshold for PO (pips) |
| Po time lim | 15 | PO Expiration Time(mins) |
| Spread max | 0.5 | Max Spread |
| Volume lim | 90. | Volume Minimum |
| Volat per | 100 | Volatility Period |
| Volat lim | 0.5 | Volatility Limit |
| Bb lo lim | 8. | BB Spread Lower Limit |
| Bb hi lim | 27. | BB Spread Upper Limit |
| Last bar lim | 5. | Limit of last bar change |
| Title2 | --- Trend Finding Data --- | |
| Sma fast per | 2 | SMA Fast Period |
| Sma slo per | 34 | SMA SLow Period |
| Sma diff | 3. | SMA Difference |
| Title3 | --- PO, MO Stochastic Trigger Data --- | |
| K stoc | 7 | K1 Stoc |
| D stoc | 3 | K2 Stoc |
| S stoc | 7 | K3 Stoc |
| Stoc lo set | 28. | Pnd Ord Stoc Buy Limit |
| Stoc lo go | 46. | Mkt Ord Stoc Thrshld Buy Limit |
| Title4 | --- Money Management --- | |
| Lots | 0.1 | Trade size in lots |
| Max lots | 4.0 | |
| Take profit | 12. | Take Profit |
| Stop loss | 5. | Stop Loss |
| Trailing stop | 0. | Trailing Stop |
| Title5 | --- Time Filters --- | |
| Day no trade | true | |
| Day1 | 99 | |
| Day2 | 99 | |
| Entryhour | 4 | Entry Hour |
| Openhours | 18 | Number of Open Hours |
| Friday end hour | 10 | Hour when trading stops (server time) |
| Num open orders | 1 | Number of Open Orders (this Symbol) |
| Tot open orders | 8 | Total Number of Open Orders |
| Title6 | --- Close Trade --- | |
| Close time mins | 25. | Close Time (mins) |
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 → Scripts.
- 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 script onto a chart to run it once.
Tags: Scalping · Alerts · Stochastic · Moving Average · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code