The Super Momentum Forex scalper indicator for Metatrader 4 is an oscillator that delivers great entry and exit points for scalpers.
The indicator appears as teal colored momentum oscillator in a bottom chart window.
It’s recommended to use this indicator during the London and New York trading sessions for best results.
Buy & sell signal:
- Open a buy trade when the teal colored signal line crosses the zero level bottom-up.
- Open a sell trade when the teal colored signal line crosses the zero level top-down.
- Exit the trade for 5-20 pips profit or wait for an opposite trading signal.
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 ianchmom-indicator.mq4 indicator file (MT4)
Indicator Chart Example
The picture above shows the indicator attached to the Euro / U.S. Dollar chart.
How to install the Super Momentum Forex scalper indicator to your Metatrader 4 platform?
- Download the ianchmom-indicator.mq4 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
