MTN Forex Bullet Scalper Indicator For MT4
The MTN Forex Bullet Scalper indicator for MT4 is an incredible easy scalper indicator that works for beginners.
This scalper looks for extreme turning points in the short-term trend and places a buy or sell signal at the extreme point.
The indicator, once placed on the MT4 chart draws blue buy and red sell colored bullets.
Typically, we’re looking for 8-20 pips profit per trade.
In order to yield the best results, utilize this scalping indicator during the London and U.S. trading sessions on the low spread currency pairs.
Utilize as a standalone scalping tool or combine with other technical indicators.
Just load the MTN Forex Bullet Scalper indicator onto the Metatrader 4 chart and start trading with it in minutes.
- A blue colored bullet represents a buy scalper signal.
- A red colored bullet represents a sell scalper signal.
- Low risk stop losses.
- Aim for 8-20 pips profit per trade.
- 75+ Win rate during our testing period.
Feel free to explore the MTN Forex Bullet Scalper indicator’s different parameters and settings to create your own personalized indicator setup.
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Indicator Chart ( USD/JPY M30 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 MTN Forex Bullet Scalper MT4 Indicator
Buy Signal: Open a long trade when the MTN Scalper indicator’s blue bullet gets printed on the chart. The scalper trend is now upwards.
Set your stop loss below short-term support, or use your own favorite stop loss strategy.
Exit the buy trade for 8-20 pips profit or wait until you get an opposite sell signal.
Sell Signal: Open a short trade when the MTN Scalper indicator’s red bullet gets printed on the chart. The scalper trend is now downwards.
Set your stop loss above short-term resistance, or use your own favorite stop loss strategy.
Exit the sell trade for 8-20 pips profit or wait until you get an opposite sell signal.
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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.