Eata Forex Scalper Indicator For MT4
The Eata Forex Scalper indicator For MT4 indicator consists of a mix of RSI, CCI and Moving Averages.
It’s a powerful scalper indicator that delivers sniper accurate trend reversal signals in real-time.
It pops up underneath the main trading chart and draws arrows on the chart for the ease of use.
It’s advised to use this Forex scalper on the low spread currency pair for maximum profit.
You can use the Eata scalper indicator during all trading sessions on any time frame of your preference
Just load the Eata Forex Scalper indicator onto the Metatrader 4 chart and start trading with it.
- A green Eata Forex scalper arrow represents a buy signal.
- A red Eata Forex scalper arrow represents a sell signal.
- Works on any time frame.
- 100% No repaint buy and sell arrows.
Feel free to explore the Eata Forex Scalper indicator’s different parameters and settings to create your own personalized indicator setup.
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Indicator Example Chart (USD/CHF M15 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Eata Forex Scalper MT4 Indicator
Buy Signal: Execute a buy scalping trade when the Eata Forex Scalper prints a green arrow on the chart.
Set your stop loss slightly below short-term support, or use your own favorite stop loss method.
Take your profit for 8-30 pips (depends on the time frame being used), or use your own favorite take profit method.
Alternatively, exit the buy scalper trade whenever a red sell arrow pops up on the chart.
Sell Signal: Execute a sell scalping trade when the Eata Forex Scalper prints a red arrow on the chart.
Set your stop loss slightly above short-term resistance, or use your own favorite stop loss method.
Exit the trade for 8-30 pips (depends on the time frame being used), or use your own favorite take profit method.
Alternatively, exit the sell scalper trade whenever a green buy arrow pops up on the chart.
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CCI period, RSI period, MA period, arrows, colors, width, style.
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
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.