The quotex scalping indicator layers three simple ideas. Two short averages cross. A nine-bar RSI has to be past its level. A cooldown then keeps the next mark at least three bars away.
This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from EURUSD H1.
| Platforms | MT4 (.ex4) + MT5 (.ex5) |
|---|---|
| Chart window | Main price chart |
| Plots | 4: FastEMA, SlowEMA, BuyArrow, SellArrow |
| Alerts | popup, push notification, email, sound |
| Inputs | 15 |
What the Quotex scalping Indicator draws on the chart
An aqua `FastEMA` line runs at `FastEmaPeriod` `5`.
An orange `SlowEMA` line runs at `SlowEmaPeriod` `13`.
`BuyArrow` uses code 233 and `SellArrow` uses 234.
Arrow spacing scales with range at `ArrowOffsetATR` `0.5`.
- FastEMA: line, aqua, width 2
- SlowEMA: line, orange, width 2
- BuyArrow: arrow, lime, width 3, arrow code 233
- SellArrow: arrow, red, width 3, arrow code 234

How the Quotex scalping Indicator calculates its values
Averages and reading are built here
No terminal calls appear for the averages or the RSI. The file computes both directly, seeding each from a simple mean before running the recursion.
Split levels leave a dead band
A buy needs the reading past `RsiBuyLevel` `55.0`. A sell needs it under `RsiSellLevel` `45.0`. Between those two figures nothing qualifies, which removes crosses with no momentum.
The non-repaint switch
`NonRepaint` `true` restricts every test to closed bars. Turning it off lets the current bar trigger, which means a mark can appear and then vanish before that bar finishes.
How to read the signals
`CooldownBars` `3` is why a busy stretch produces one mark rather than four.
Range-scaled arrow spacing means no per-instrument tuning.
The name points at a binary options broker rather than a method.
Nothing in the code is specific to that platform.
Alert channels in this build: popup, push notification, email and sound, one message per closed bar.
`EnableAlerts` is the parent toggle and starts true, and `EnableSound` also arrives on with `SoundFile` naming the clip. `EnablePopup` gives the terminal box, while `EnablePushNotify` and `EnableEmail` begin false.
Every Quotex scalping Indicator input
Core settings
| Setting | What it does | Default |
|---|---|---|
FastEmaPeriod |
Bars in the quick average, default `5`. | 5 |
SlowEmaPeriod |
Bars in the slower average, default `13`. | 13 |
RsiPeriod |
Window behind the momentum reading, default `9`. | 9 |
RsiBuyLevel |
Level the reading must pass for a buy, default `55.0`. | 55.0 |
RsiSellLevel |
Level it must fall under for a sell, default `45.0`. | 45.0 |
AtrPeriod |
Window the arrow spacing reads from, default `14`. | 14 |
CooldownBars |
Quiet bars enforced after each mark, default `3`. | 3 |
NonRepaint |
Restrict every test to closed bars, default `true`. | on |
Display settings
| Setting | What it does | Default |
|---|---|---|
ArrowOffsetATR |
Arrow gap as a share of range, default `0.5`. | 0.5 |
Alert settings
| Setting | What it does | Default |
|---|---|---|
EnableAlerts |
(see inputs panel) | on |
EnablePopup |
(see inputs panel) | on |
EnablePushNotify |
(see inputs panel) | off |
EnableEmail |
(see inputs panel) | off |
EnableSound |
Sound clip on a mark, default `true`. | on |
SoundFile |
(see inputs panel) | alert.wav |

Settings that fit your chart
Five and thirteen is a scalping pairing. EURUSD H1 is the reference chart, where marks arrive a few times a week. On M5 they come several times a session. Higher timeframes make the pair too slow for the name.
When the Quotex scalping Indicator fails
Two short averages cross constantly when the market goes sideways.
The dead band between 45 and 55 is narrow, so it filters less than it looks.
The sound route ships on, so a fresh install makes noise by default.
Copy the compiled Quotex scalping Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.
Background reading on the method behind the Quotex scalping Indicator: Stock market bubble on Wikipedia, Seasonality Charts at StockCharts ChartSchool.
Download the Quotex scalping Indicator for MT4 and MT5
The zip holds the compiled Quotex scalping Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.
Download this indicator free
Enter your email and the file is yours. You also get the full MT4 and MT5 library.
FAQ
What does NonRepaint true actually enforce?
That every test reads completed bars only. With it on a printed mark stays where it printed. Turning it off lets the forming bar trigger, and that mark can disappear before the candle closes.
How much does the RsiBuyLevel gap filter?
Less than it appears. Fifty-five and forty-five leave only a ten-point dead band around the midpoint, so a nine-bar reading passes through it quickly. Widening the gap toward 60 and 40 filters far more.
Why scale the arrow gap by ArrowOffsetATR?
Because a fixed point count suits one instrument and no other. Half a range unit puts the arrow clear of the candle on a currency pair, on gold and on an index without any change.
Is anything here specific to Quotex?
No. The name points at a binary options broker, and the code contains no platform check, no expiry logic and no connection to any external service. It is an ordinary crossover tool.
Are results guaranteed?
No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the Quotex scalping Indicator as one input. Always backtest before trading live.
Category: this is part of our Signal and Forecast collection. Browse more Signal and Forecast for MetaTrader, or explore every MT4 indicator and MT5 indicator on the site.
External references
- Learn more about the underlying method in Stock market bubble on Wikipedia.
- For wider market background, see Seasonality Charts at StockCharts ChartSchool.
