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Royale Scalping Indicator

Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself.


Features

  • Price Adaptive Trend Detector Algorithm
  • Multi-Timeframe and Multi-Currency Trend
  • Low Risk Signals
  • Sound Alerts, Push Notifications, Flasher …
  • Highly Adjustable (All important parameters exposed and can be optimized for Expert Advisors)
  • Dose Not Repaint

    • Please don't hesitate to contact me directly if you have any question or difficulty related to this product. You will get instant responses to your questions sent through MQL5 messenger or other contact methods specified here.
    • Watch the tutorial video at the end of this description.
    • Don't forget to subscribe to my Youtube Channel.


    How it works

    Royal Scalping Indicator includes two different oscillators. A trend oscillator colored in orange predicts the overall trend of the market, and an orchid signal oscillator which generates buy and sell signals.

    From the point where the trend oscillator leaves the lower zone and goes through the upper zone before the point that it gets out of its upper zone, the market is considered to be in uptrend direction. Conversely, its transition from the upper zone toward the lower zone and also its presence in the lower zone indicates that the market is in downtrend direction.

    A buy signal is where the signal oscillator is in the lower zone (below level 20) and the trend oscillator is predicting an uptrend at the same time. Sell signals are generated where the signal oscillator is in the upper zone (above level 80) and the trend oscillator is predicting a downtrend at the same time.

    The signal oscillator finds pullbacks in the overall trend and helps traders to ride the trend with lower risks which means tighter stop losses can be used.

     

    Alerting System

    Royal Scalping Indicator can be configured to alert traders through sound, by flashing the chart, phone notifications, email and MetaTrader alert window. It can be adjusted to notify you only for an arbitrary number of signals from the beginning of a trend where the trend is not old and not inclined to get reversed. 

     

    Input parameters

    To avoid a long list of confusing inputs, most of the input parameters have been represented as a set of inputs in a row separated by commas. For example there are two related parameters for the signal oscillator but written as a single string input Signal Period [EMA, Channel] which means the input should be entered like 3,5. This means you enter two values, the first one is a fast period for an EMA and the second one is a slow period for a channel which both belong to the signal oscillator.

     

    Trend [Symbol, Timeframe]

    For the trend oscillator both symbol and timeframe can be different from the symbol and timeframe of its chart. Using a negative sign before a symbol means you want the inverse of the trend oscillator for the specified symbol.

    Input examples:

                    USDJPY, H1
                    usdcad        [Uses USDCAD on current timeframe]
                    h4               [Uses timeframe H4 on current symbol]
                    -GBPUSD, H1

    For the last example the indicator actually uses USDGBP for the trend oscillator.

    Important Note

    H1 trend can be used in M30 and M15 charts. M5 trend can be used in M1 chart, but don't use for example H1 trends on M1 charts. Be aware that one bar in H1 represents 60 bars in M1 which can propagate inevitable repainting from H1 to M1. 

    Trend Fast Channel and Trend Slow Channel parameters

    To have a price adaptive trend oscillator enter three values for both Trend Fast CH and Trend Slow CH.

    Input examples:

          Trend Slow CH [Period1, Period2, ER] = 6, 30, 9
          Trend Fast CH  [Period1, Period2, ER] = 3, 14, 9

     

    If its preferred to have a Simple Scalping Indicator, enter only a fast period for Trend Fast CH and a slow period for Trend Slow CH.

    Input examples:

          Trend Slow CH [Period1, Period2, ER] = 150
          Trend Fast CH  [Period1, Period2, ER] = 14


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    Trend Trading ist ein Indikator, der so weit wie möglich von den Markttrends profitiert, indem er Pullbacks und Breakouts zeitlich festlegt. Sie findet Handelsmöglichkeiten, indem sie analysiert, was der Preis während etablierter Trends tut. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Handeln Sie mit Zuversicht und Effizienz an den Finanzmärkten Profitieren Sie von etablierten Trends, ohne ins Wanken zu geraten Profitable Pullbacks, Ausbrüche und vor
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    Trend Expert
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    Alexander Sovpel
    TrendExpert indicator - predicts a rise or fall in prices and generates accurate BUY and SELL trade signals The results of tests have shown a share of profitable trades of 75% and higher , depending on the trading instrument. This indicator was developed by a team of professional traders. The algorithm is based on the Dow Jones theory , which analyzes prices in financial markets and has proven its profitability. The TrendExpert indicator is designed to accurately predict future price chang
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    Fractal Pattern Scanner MT5
    Fractal Pattern Scanner MT5
    Young Ho Seo
    Breakout Trading and Reveral Trading Fractal Pattern Scanner will do the complicated calculation at background. However, it provides simple trading operation. The Mother Wave pattern will provide you breakout trading opportunity. When the price crosses the breakout line, there is a good chance to catch profit from this breakout. The good thing is that it also provides the potential reversal price level as soon as the breakout pattern is detected. In summary, you use breakout for the first profi
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    VTrende
    VTrende
    Andrey Dyachenko
    VTrende - MTF indicator for trend trading with a display panel for MT5 Although the signals of the VTrende indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. The main task of the indicator - is to determine the points of change in the direction of the trend. The indicator signal appears in two versions: Advance - when the trend ends To be continued - when the trend is already on The indicator sho
    497 USD
    Harmonic ABCD Monitor MT5
    Harmonic ABCD Monitor MT5
    Mihail Matkovskij
    Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
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    Volume by Price Pro MT5
    Volume by Price Pro MT5
    Brian Collard
    Volume Profile and Market Profile  for price and time analysis to identify key levels and ranges. The ' Volume by Price  ' indicator can display the relations between volume, price and time in various different forms to setup basic to advanced compositions. Versatile highlighting. Evaluation variables. Multiple range selection methods including drag and drop. Labels to indicate the scale and scope of data displayed, and comprehensive styling by attributes such as color, size, area etc. Main
    459 USD
    Matreshka
    Matreshka
    Dimitr Trifonov
    Matreshka self-testing and self-optimizing indicator: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4. Draws up to six levels of ZigZag at the same time, tracking waves of different orders. 5. Marks Pulsed and Recoil Waves. 6. Draws arrows to open positions 7. Draws three channels. 8. Notes support and re
    245 USD
    PZ Swing Trading MT5
    PZ Swing Trading MT5
    Arturo Lopez Perez
    Swing Trading ist der erste Indikator, der Schwankungen in Trendrichtung und mögliche Umkehrschwankungen erkennt. Es wird der in der Handelsliteratur weit verbreitete Baseline-Swing-Trading-Ansatz verwendet. Der Indikator untersucht mehrere Preis- und Zeitvektoren, um die aggregierte Trendrichtung zu verfolgen und erkennt Situationen, in denen der Markt überverkauft oder überkauft ist und zur Korrektur bereit ist. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte
    249 USD
    ScalpEX
    ScalpEX
    Dmitry Brilyakov
    Indicator for scalping and intraday trading. The indicator is developed based on vertical and cluster volumes (delta buy and sell). It works only with instruments with market data. Developed for the e-mini S & P500 futures.  The working time frame is 1 minute. It is NOT for the FOREX market! The indicator shows on the chart the price for opening a trade and the direction of the trade (buy or sell). The indicator also shows the cancellation of the transaction. A green tint is a purchase. Red tint
    500 USD
    PZ Day Trading MT5
    PZ Day Trading MT5
    Arturo Lopez Perez
    Dieser Indikator erkennt Preisumkehrungen im Zick-Zack, wobei nur Preisaktionsanalysen und ein Donchian-Kanal verwendet werden. Es wurde speziell für den kurzfristigen Handel entwickelt, ohne dass ein Nachlackieren oder ein Backpainting erforderlich ist. Es ist ein fantastisches Werkzeug für clevere Trader, die darauf abzielen, das Timing ihrer Operationen zu verbessern. [ Installationsanleitung | Update-Anleitung | Fehlerbehebung | FAQ | Alle Produkte ] Erstaunlich einfach zu handeln Es bi
    299 USD
    Vix75 keystrategy
    Vix75 keystrategy
    Thina Justice Mashavhathanga
    A vix75 strategy that will keep you on the right side of the market more often, no fancy looks it does the work , its based on pure price action including candlestick patterns and it works on all timeframes (recommendation below) . The system also has proper risk management with stop loss and take profit levels( maximum risk ratio is 1:3) consisting of take profit 1 to 3 and alerts setting to get messages when there's a signal. keystrategy is the way for you to be a profitable trader. You enter
    300 USD
    Spike Detector
    Spike Detector
    Tete Adate Adjete
    this indicator is a Spike detector indicator, it is specially designed to trade Boom and Crash index However, it can trade other market assets. Its setting is intuitive, familiar, easy to use it has notification functions; audible notifications and push notifications. the latter setting can be changed as desired this tool is simple to use, easy to handle it is based on the stochastic indicator
    1 500 USD
    Pattern Trader No Repaint MT5
    Pattern Trader No Repaint MT5
    Elmira Memish
    Pattern Trader No Repaint Indicator MT5 Version Indicator searches for 123 Pattern, 1234 Pattern, Double Top, Double Bottom Patterns , Head and Shoulders, Inverse Head and Shoulders, ZigZag 1.618 and Father Bat Pattern. Pattern Trader indicator uses Zig Zag Indicator and Improved Fractals to determine the patterns. Targets and Stop Loss Levels are defined by Fibonacci calculations.  Those levels must be taken as a recommendation. The trader may use different tools like Moving Av
    218 USD
    Price Strategy MT5
    Price Strategy MT5
    Pawel Lozinski
    Works on all currency pairs. Timeframes: M5, M15, H1 H4, D1. Information on the Chart SYGNAL BUY / SYGNAL SELL —input to Buy / input to Sell. PROFIT 1 —basic earnings. PROFIT 2 —average profit. PROFIT 3 —big profit. STOPLOSS —setting stop loss. Input Parameters H —Price High. L —Price Low.
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    X3 Chart Pattern Scanner MT5
    X3 Chart Pattern Scanner MT5
    Young Ho Seo
    Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
    280 USD
    MACD Regular and Hidden Divergence Indicator
    MACD Regular and Hidden Divergence Indicator
    BJF Trading Group inc. (2202934 ON inc.)
    Moving Average Convergence Divergence Indicator - trend-following dynamic indicator. MACD Divergence in other words moving average convergence divergence indicator is modern indicator with complex mathematic algorithm (BJF Trading Group innovation). You will see divergenses on the chart and indicator. Arrows painted above/below the open bar and not in the past. You can see when actually you can trade. It is never to late! Signals based on closed bars so the arrows above/below open bar never disa
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    Antwort auf eine Rezension
    Version 1.4 2021.03.04
    1. Now the first input parameter "Symbol, Timeframe" is applied to both trend and signal oscillators

    2. Bug fixes and performance improvements