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Scalp Mate

Scalp Mate

It is an advanced version of the range of scalp indicators.

It can be used for trading any time frame - smallest to largest.

It is a complete system - with easy and logical entries and Exits.

THERE ARE 2 MODES OF ENTRIES AND 3 MODES OF EXITS.

The settings for the entries and exits can be fully customized.

The entries and exits are based on TRADE SETUPS FORMING IN THE HIGHLY OVERBOUGHT AND OVERSOLD ZONES. 

The OB-OS zone parameters can also be changed.



The Dashboard is with advanced features- It can be moved by dragging to any part of the charts.

It can display from any number of past details of entries and exits, no need to manually calculate.


INPUT VARIABLES


  • FileComment = "";- The comment to be written on log file against each trade ( it is recorded in Order text  in the MQL-FILE  folder
  • EntryOnly = false;- SELECT "TRUE" IF want SIGNAL TO SIGNAL MODE WITH TARGET STOP LOSS .
  • Can Exit by Opposite Signal = false; -SELECT "TRUE" IF want SIGNAL TO SIGNAL MODE WITH TARGET STOP LOSS.
  • IndicatorAlerts = false;- alerts for entry and exits 
  • EntryAlerts = true;
  • ExitAlerts = true;
  • Reentry=false(when set true it will give multiple entries in same trend direction)

ENTRY SETTING PARAMETERS

  • EntryStyle = EP-SIG+RevEx  (there are 2 modes of ENTRY - EP is a less filtered and may give more signals)
  • ExitStyle = RevEx;  ( There are 3 MODES OF EXITS ) 

  • ENTRY and EXIT SETTINGS =======

  •  KPeriod = 21; ( higher to get lesser signals)
  •  DPeriod = 12;( higher to get lesser signals)
  •  Slowing = 3;
  •  method = 0;
  •  price = 0;
  •  äëÿ_WPR = "";
  •  ExtWPRPeriod = 14;(higher for lesser signals)
  •  ZoneHighPer = 70.0;
  •  ZoneLowPer = 30.0;
  •  modeone = false;(this is for getting signals after bar close 

  •  RevEx_Setting = "RevEx";--Make lower for EARLIER EXITS AND HIGHER FOR EXITING LATER
  •  HalfLength      = 43;
  •  Price           = PRICE_WEIGHTED;
  •  BandsDeviations = 3;




"Settings of Stochastic:";    - USED TO FILTER ENTRY SIGNALS  

  • Use Stochastic Filter?           = true;                             
  • Stochastic K Period                       = 15; 
  • Stochastic D Period                        = 8; 
  • Stochastic Slowing                       = 3; 
  • Stochastic MA Method           = Simple
  • Stochastic Price Field      = Close/Close
  • Stochastic OverBought Level       = 80; 
  • Stochastic OverSold Level        = 20; 


  • ArrowEntryBuyStyle = 233;-signal DISPLAY
  • ArrowEntrySellStyle = 234;
  • ArrowExitStyle = 251;
  • WidthArrowEntry = 3;-Size of signals
  • WidthArrowExit = 3;
  • PlaySoundBuy = true;
  • PlaySoundSell = true;
  • FileSoundBuy = "analyze buy";
  • FileSoundSell = "analyze sell";

DISPLAY SETTINGS FOR THE TEXT LABELS OF ENTRY AND EXITS 

  •  ColorTextBuy = Lime;
  •  ColorTextSell = Red;
  •  ColorTextExitBuy = Red;
  •  ColorTextExitSell = DodgerBlue;
  •  FontSizeLabel = 12;(size of the TEXT FONT 


 "========= Dashboard Setting ===========";

  •  Show_Information  =  true;    -false will switch off the dashboard                
  •  TotalOpenShow = 5;- number of the past entry exit records to display on dashboard -MAKE 20-30 FOR getting past so many trade details
  •  SoundClick = "Alert.wav";
  •  FontSize = 10;
  •  Corners = Left;




















































































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