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Free Forex Scalping Indicator

Looking for a fantastic Forex scalping indicator?

Download here a free scalping indicator for MT4 with easy to read buy and sell trading signals.

Use it during the most volatile trading sessions, London en US.

Trading Signals

Buy: The indicator changes color from red to green.

Sell: The indicator changes color from green to red.

Tip: Trade in the direction of the higher time frame.

For example, look at the trend at the 15 min chart when trading off the 5 min chart.

Take only trades in the direction of the 15 min chart.

This simple technique allows us to avoid most false scalping signals.

Indicator Preferences

Currency pairs: any

Preferred Time frames: 5 min, 15 min

Sessions: London, US

Download

Download the freescalpingindicator.mq4 indicator.

Configurable Indicator Options

Intensity, Period, colors

USD/JPY 5 Minute Chart Example

free-forex-scalping-indicator

How to install the Free Forex Scalping custom indicator in Metatrader 4?

  • Download the freescalpingindicator.mq4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.