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
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.