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M1 Forex Scalper Indicator For MT4

    As the name suggests, the M1 Forex Scalper indicator for Metatrader 4 was especially designed to the scalp the 1-minute trading charts.

    The indicator has a good win versus loss rate and is easy to trade.

    The M1 Forex Scalper pops-up in a bottom chart as a colored trend histogram that appears above and below the zero level.

    Buy & sell signal:

    • The first green colored histogram bar above the zero level is a buy signal.
    • The first red colored histogram bar below the zero level is a sell signal.
    • Stop and reverse the open position when an opposite arrow appears on the chart.

    From our testings, the indicator does not repaint and works for any currency pair and time frame without slowing down the trading platform.

    It can be used as a standalone technical tool or it can be combined with other technical indicators and trading strategies.

    Try first on a demo account until you fully understand how this indicator works!

    Free Download

    Download the ixoah-indicator.ex4 indicator file (MT4)

    Indicator Chart Example

    The picture above shows the indicator attached to the U.S. Dollar / Japanese Yen chart.

    How to install the M1 Forex Scalper indicator to your Metatrader 4 platform?

    • Download the ixoah-indicator.ex4 indicator file here and save it to your computer
    • Open your Metatrader 4 platform
    • Click on “File” (top menu) and then select “Open Data Folder” from the drop down menu
    • Click on “MQL4” and open the “Indicators” folder
    • Paste the indicator file in this folder
    • Restart Metatrader 4 and you’re ready to start using the indicator

    How to edit the indicator?

    • Attach the indicator to any trading chart of your preference
    • Right click in the chart and select “Indicators List” from the drop down menu
    • Select the indicator from the list and click on “Edit”
    • Now you can start editing the indicator (Inputs, Colors and Visualization)
    • Final step, click on the “OK” button to save the new configuration