Bull Bear Forex Scalper Indicator For Metatrader 4

The Bull Bear Forex scalper for MT4 provides multiple profitable scalping signals throughout the various trading sessions.

This scalper works with buy and sell arrows.

  • A blue arrow represents a buy scalping opportunity.
  • A red arrow represents a sell scalping opportunity.

Typically, we look to profit 7-15 pips on every trade with the Bull Bear Forex Scalper.

It’s recommended to use the scalper on low spread currency pairs such as EUR/USD, GBP/USD, USD/JPY and AUD/USD.

Download This MT4 Forex Indicator Free

Download the “3rdcandle-indicator.ex4” Metatrader 4 indicator

Bull Bear Forex Scalper Indicator Chart

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

You can apply the indicator to any currency pair and time frame of your preference.

Finding Buy and Sell Triggers With Bull Bear Forex Scalper Technical Analysis Chart Indicator

Below is an example of how to buy and sell currency pairs with this Forex indicator:

Buy Trigger: Open a buy trade when the Bull Bear Forex scalper paints a blue arrow on the activity chart.

Place stop loss below immediate support.

Close the trade for 7-15 pips profit.

Sell Trigger: Open a sell trade when the Bull Bear Forex scalper paints a red arrow on the activity chart.

Place stop loss above immediate resistance.

Close the trade for 7-15 pips profit.

Download This Forex Indicator Now

Download the “3rdcandle-indicator.ex4” MT4 indicator

Adjustable Parameters

Shift arrow, filter bull bear candle, colors, width, style.

Usage

The indicator can be used as a stand-alone signals indicator.

It can also be combined with:

  • Trading oscillators (MACD, Stochastic, RSI,…)
  • Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
  • Price action methods and techniques

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: scalping

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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