The Quick Forex Profit Scalper custom built indicator for MT4 delivers high profit signals with the help of the Equidistant price channel.
The Equidistant price channel draws the best available dynamic price channel. It’s based on the current trend.
The indicator delivers multiple trading signals a day for quick scalper trades.
The entry and exit signals are easy to understand and requires no second guessing or any further analysis from your part.
In order to yield the best results, use the indicator on the lower spread currency pairs.
Just load the Quick Forex Profit Scalper indicator onto the Metatrader 4 chart and start trading with it in minutes.
- Works on the Equidistant price channel method.
- Easy to trade the price channel.
- No further technical analysis required.
- Utilize for quick scalping profits on any time frame.
Feel free to explore the Quick Forex Profit Scalper indicator’s different parameters and settings to create your own personalized indicator setup.
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Indicator Example 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 Quick Forex Profit Scalper MT4 Indicator
Buy Signal: Open a buy scalper trade when the Equidistant price channel is positioned upwards and price touches the lower price channel.
Set your stop loss slightly below short-term support, or use your own favorite stop loss method.
Close the buy trade when price touches the upper Equidistant price channel, or use your own favorite take profit method.
Sell Signal: Open a sell scalper trade when the Equidistant price channel is positioned downwards and price touches the upper price channel.
Set your stop loss slightly above short-term resistance, or use your own favorite stop loss method.
Close the sell trade when price touches the lower Equidistant price channel, or use your own favorite take profit method.
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Hours, 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: price channel
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.