The Forex Scalper PRO Metatrader 4 indicator is a great scalping tool that delivers profitable signals every day.
This indicator searches for the best turning points in the trend and delivers its arrow signals accordingly.
The indicator, once activated pops up on the main MT4 chart in the form of green and red colored buy/sell arrows.
This scalper can be applied to any time frame of your preference. Typically, we’re looking for 10-40 pips profit per trade.
Just load the Forex Scalper PRO indicator onto the Metatrader 4 chart and start trading with it in minutes.
- A green buy arrow represents a buy trade setup.
- A red arrow represents a sell trade setup.
- Low risk stop losses.
- Aim for 10-40 pips profit per trade.
- Multiple valid trade setups every day.
Feel free to explore the Forex Scalper PRO indicator’s different parameters and settings to create your own personalized indicator setup.
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Indicator Chart ( CAD/CHF H1 Chart Example)
Finding Buy and Sell Triggers With The Forex Scalper PRO MT4 Indicator
Buy Signal: Open a buy trade when the green Forex Scalper PRO arrow gets printed on the chart.
Set your stop loss below short-term support, or use your own favorite stop loss strategy.
Exit the buy trade for 10-40 pips profit (depends on the time frame being used) or wait until you get an opposite sell signal.
Sell Signal: Open a sell trade when the red Forex Scalper PRO arrow gets printed on the chart.
Set your stop loss above short-term resistance, or use your own favorite stop loss strategy.
Exit the sell trade for 10-40 pips profit (depends on the time frame being used) or wait until you get an opposite buy signal.
The Forex Scalper PRO indicator can be used as a standalone scalping tool or together with price action.
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Signal period, arrow period, stop loss pips, alert ON, email, 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: scalper
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.