In this blog I am going to be sharing One of the most powerful forex scalping trading metatrader 4 indicator System that gives easy-to-use buy/sell signals.
This set-up will suit Scalpers and Binary Traders. It analyzes the price behavior on the chart every second and determines the ideal entry points based on the built-in algorithm.
This indicator is created for the MT4 platform only. Great work for 5 minutes or 1 hour
timeframes. But you can use any timeframes. The system is designed for scalping. This forex indicator system is Great for scalping 3 to 5 pips. Look for a broker with the lowest spread. It also works great with binary trading.
You can set this Indicator to send you a signal alert via Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
This Indicator System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc.
While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
Let's first explain the conditions buy order.
- To enter into long positions price must touch the lower band and reverse.
- second after that yellow dot buy signals are received.
- if this condition is fulfilled then we will place buy order .
- our stop loss will be previous swing low and the risk to reward ratio will be one is to 1.
Now let's understand the sell order.
- To enter into short positions price must touch the upper band and reverse.
- second after that red dot sell signals are received.
- if this condition is fulfilled then we will place sell order.
- our stop loss will be previous swing high and the risk to reward ratio will be one is to 1.
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Click here for commentswhere i can find the link download
Replydownload link please
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