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KS Double Line Scalp

by MQL5

★★★★★ Trusted download · 0 downloads
  • Version 1.4
  • Works on MT5
  • Freeware — no cost to download
  • Direct download link, no installer bundling
MQL5 1.0 Mb

Product description

KS Double Line Scalp

This is a merged dual-moving average indicator designed primarily for scalping on lower timeframes. It combines two smoothing techniques:

KS TEMA (Triple Exponential Moving Average)
KSMA

The goal is to provide a clean, low-lag view of trend direction and momentum by displaying both lines together, allowing traders to spot high-probability scalping setups when the two lines interact.
Core Components
Component Type Default Value Purpose
TEMA Length Triple EMA 9 Fast, responsive trend line with reduced lag
KSMA Length ALMA-based 9 Smooth, sharp trend line
Offset ALMA Parameter 0.85 Controls balance between smoothness (near 1) and responsiveness (near 0)
Sigma ALMA Parameter 6.0 Controls the "sharpness" / Gaussian filter width
Key Features

1. Dual-Line System

Blue Line (TEMA): More responsive, reacts faster to price changes.
DodgerBlue Line (KSMA): Smoother and cleaner due to ALMA calculation.

2. Advanced Smoothing

Uses Triple Exponential Moving Average (TEMA) — excellent at reducing lag while maintaining smoothness.
Uses ALMA (Arnaud Legoux Moving Average) for KSMA — known for being very smooth yet responsive, with minimal lag compared to SMA/EMA.

3. Scalping-Oriented Design

Default period of 9 is optimized for fast-moving markets (M1, M5, M15).
The combination helps filter noise while keeping entries timely — ideal for "double confirmation" scalping strategies.

4. Visual Clarity

Both lines plotted directly on the price chart.
Clean, professional coloring.
Proper DRAW_BEGIN settings so lines start only when enough data is available.

5. Efficient & Professional Code

Fully optimized with prev_calculated handling.
No unnecessary recalculations.
Buffers properly separated (calculation buffers hidden).

How Traders Typically Use It (Common Strategies)

Trend Direction: When both lines are aligned and sloping in the same direction → strong trend.
Entry Signals: Look for TEMA crossing KSMA (especially in direction of higher timeframe trend).
Pullback Entries: Price pulls back to the two lines in a trending market.
Divergence / Convergence: Watch how the gap between TEMA and KSMA behaves (widening = strong momentum, narrowing = potential exhaustion).
Exit Signals: Opposite crossover or when price rejects the lines.

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