Forex Scalping Indicator For MT4

A forex scalping indicator based on moving averages, MACD, OsMA, Stochastic oscillator, RSI, CCI, RVI, ADX and Bollinger Bands. It’s an excellent indicator to take advantage of short-term movements in the direction of the overall currency trend. You can modify all indicator input values.

Trading Signals

Buy signal: green arrow
Sell signal: red arrow

Tips: Use higher timeframe’s to discover the overall trend. Trade in the direction of the overall trend. Avoid counter-trend signals. Place your stop-loss below the most recent support level(buy) or above the most recent resistance level(sell).

Indicator Preferences

Currency pairs: any

Preferred Time frames: any

Sessions: any

Download

Download the indicatorarrows.mq4 indicator.

Configurable Indicator Options

RangePeriod, MovingAverage, MAPeriod, MAMethod, MACD, OsMA, Stochastic, RSI, Color,…

EUR/USD H1 Chart Example

forex-scalping-indicator

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