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.
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).
Currency pairs: any
Preferred Time frames: any
Configurable Indicator Options
RangePeriod, MovingAverage, MAPeriod, MAMethod, MACD, OsMA, Stochastic, RSI, Color,…