The Forex Vector PRO Scalper indicator for MT4 is an awesome scalper that works on 2 EMA’s and the RSI indicator.
To simplify trading, the indicator delivers easy to trade buy and sell arrow on the chart in real-time.
Every time a new arrow appears on the chart, you will get alerted about this new trade opportunity.
This scalper delivers signals on any pair and time frame with the same accuracy.
For the best scalping opportunities on the lower time frames, utilize it during the London and U.S. trading sessions.
From our testings, the indicator delivered +138 pips in only 2 trading days, which is a pretty good result.
Just load the Forex Vector PRO Scalper indicator onto the Metatrader 4 chart and start trading with it in minutes.
Key Takeaways
- A green buy arrow represents a buy trade signal.
- A red arrow represents a sell trade signal.
- +138 pips profit in 2 trading days.
- Works on any time frame equally.
- Multiple valid scalper setups every day.
Feel free to explore the Forex Vector PRO Scalper indicator’s different parameters and settings to create your own personalized indicator setup.
Download This MT4 Forex Indicator Free
Download the “FOREX VECTOR.ex4” Metatrader 4 indicator
Indicator Chart ( EUR/USD H1 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 Forex Vector PRO Scalper MT4 Indicator
Buy Signal: Execute a buy trade order when the green Forex Vector 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 a fixed profit target (for example, +15 pips on the M1 time frame) or wait until you get an opposite sell signal.
Sell Signal: Execute a sell trade order when the red Forex Vector 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 a fixed profit target (for example, +20 pips on the M5 time frame) or wait until you get an opposite buy signal.
Download This Forex Indicator Now
Download the “FOREX VECTOR.ex4” MT4 indicator
Adjustable Parameters
Forex Vector scanner value, time frame, faster EMA, slower EMA, RSI period, alerts, 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
Installation
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.