X Scalper Strategy
This Old Kings indicator for MetaTrader 4 is called X Scalper Strategy. As the name suggests, the idea behind it is short scalping trades. In the code it works with the Stochastic oscillator, ADX and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 15 settings, for example Show Clock (default false), Clock Color (default Red) and ADXbars (default 14). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 9 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 X Scalper Strategy
X Scalper Strategy is an indicator for MetaTrader 4 based on Stochastic, ADX 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 15 settings, such as Show clock, Clock color and Ad xbars. MQL source code included.
Files in the download: #MTF Stochastic v2.0.mq4, ASCTrend-Matrix 2TF.ex4, Scalper Dream_build600.ex4, SixtySecondTrades.ex4, SixtySecondTrades_Alert.ex4, SixtySecondTrades_Alert.mq4, Super Signal v3d.mq4, Trend Arrows.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Show clock | false | display time to candle close countdown |
| Clock color | Red | Colour on the chart |
| Ad xbars | 14 | |
| Count bars | 350 | |
| Sound file | alert2.wav | Turn this alert on or off |
| Use sound | true | Turn this alert on or off |
| Dist2 | 21 | |
| Dist1 | 14 | |
| Alerts on | true | 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 | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| I period | 15 | Period or timeframe used by the calculation |
| I full periods | 1 | Number of bars in the calculation |
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 · ADX · ATR · MT4 Indicator · MQL4 Source Code