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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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    Young Ho Seo
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    PZ Trend Trading MT5
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    299 USD
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    Price Strategy MT5
    Pawel Lozinski
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    Andrey Dyachenko
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    497 USD
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    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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    PZ Swing Trading MT5
    Arturo Lopez Perez
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    PZ Divergence Trading MT5
    PZ Divergence Trading MT5
    Arturo Lopez Perez
    発見が困難で頻度が少ないため、分岐は最も信頼できる取引シナリオの1つです。このインジケーターは、お気に入りのオシレーターを使用して、通常の隠れた分岐点を自動的に見つけてスキャンします。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 取引が簡単 通常の隠れた発散を見つけます 多くのよく知られている発振器をサポート ブレイクアウトに基づいて取引シグナルを実装します 適切なストップロスおよび利益レベルを表示します 設定可能なオシレーターパラメーター カスタマイズ可能な色とサイズ バー単位でサイズ別に分岐をフィルタリング パフォーマンス統計を実装します 電子メール/音声/視覚アラートを実装します 幅広い市場の見通しを提供するために、異なるオシレーターを使用して、干渉なしで同じチャートにインジケーターを何度もロードできます。このインジケーターは、次のオシレーターをサポートしています。 RSI CCI MACD オスマ 確率的 勢い 素晴らしい発振器 加速器発振器 ウィリアムズパーセントレンジ 相対活力指数 特に外国為替市
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    Young Ho Seo
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    Dmitriy Kashevich
    Premium level is a unique indicator with accurate prediction accuracy of more than 80%! This indicator has been tested for more than two months by the best experts in the field of trading! Author's indicator such you no longer find anywhere! From the screenshots you can see for yourself the accuracy of this tool! 1 great for trading binary options with an expiration time of 1 candle 2 works on all currency pairs, stocks, commodities, cryptocurrencies. Instruction: As soon as the red arrow appe
    900 USD
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    Weis Wave with Alert MT5
    Panagiotis Diamantopoulos
    ** NEW ALL IN ONE ** Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** How to trade with it:   https://www.tradethevolumewaves.com Weis Wave with Alert MT5 This is a Weis Wave indicator which is based on Richard D. Wyckoff theory. It works in all time periods, range bar and tick bar charts and it can be applied to any market. This indicator is adding the wave type that you selecte
    420 USD
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    Brian Collard
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    Tete Adate Adjete
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    Arturo Lopez Perez
    このインディケータは、価格アクション分析とドンチャンチャネルのみを使用して、ジグザグ方式で価格の反転を検出します。再描画やバックペインティングを一切行わずに、短期取引向けに特別に設計されています。それは彼らの操作のタイミングを増やすことを目指している賢明なトレーダーにとって素晴らしいツールです。 [ インストールガイド | 更新ガイド | トラブルシューティング | よくある質問 | すべての製品 ] 驚くほど簡単に取引できます すべての時間枠で価値を提供します 自己分析統計を実装します 電子メール/音声/視覚アラートを実装します 可変長のブレイクアウトと混雑ゾーンに基づいて、インディケータは価格アクションのみを使用して取引を選択し、市場が非常に高速に行っていることに反応します。 過去のシグナルの潜在的な利益が表示されます この指標は、独自の品質とパフォーマンスを分析します 負けブレイクアウトは強調表示され、説明されます インジケータは、非バックペインティングおよび非再ペイントです この指標は、日中のトレーダーが単一の価格反転を見逃さないようにするのに役立ちます。ただし、す
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    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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    Vyacheslav Scherbak
    This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used. The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R
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    BJF Trading Group inc. (2202934 ON inc.)
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    210 USD
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    Alexander Sovpel
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    Vyacheslav Scherbak
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    200 USD
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    Mostafa Tarakameh
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    Mostafa Tarakameh
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    Mostafa Tarakameh
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    バージョン 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