Scalping indicator pro mt4 free download
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HOW TO USE:-
FOR SELL ENTRY:-
- 1. First made Red 100% Non-Repaint Moving Average on the top.
- 2. Second, made First Red Dot on the top. Two Confirmations made after take Instant Sell Entry.
- 3. Always remember, Trend is your friend so don’t violate these Indicator Rules. This Indicator provides red/green Dot alerts. When red moving average made then follow only red Dot for confirming entries.
- 4. This Indicator is Best for Manual Scalping, M1 and M5 time frames are best working for scalping.
- 5. Trend according, you can take TP/SL(1:2 or 1:3 will be TP/SL). If Trend according to this indicator provides the first red arrow then you can go easily 1:3 ratio for Sell trade.
- 6. If you have candlestick knowledge you can make a lot of money with this indicator(100% Non Repaint Indicator V3.0). When made indicator Red Dot( According to Indicator rules) after confirmation made bearish power candlestick like :- The Shooting star, Bearish Engulfing crack, Bearish Engulfing sandwich, Evening Star, Tweezer Top, Dark Cloud Cover, Shrinking candles, Hanging man Etc. Bearish Candlestick confirmation made after take Instant Sell entry.
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FOR BUY ENTRY:-
- 1. First made Green 100% Non-Repaint Moving Average on the bottom.
- 2. Second, made First Green Dot on the bottom. Two Confirmations made after take Instant Buy Entry.
- 3. Always remember, Trend is your friend so don’t violate these Indicator Rules. This Indicator provides red/green arrows alerts. When green moving average made then follow only green Dot for confirming entries.
- 4. This Indicator is Best for Manual Scalping, M1 and M5 time frames are best working for scalping.5. Trend according, you can take TP/SL(1:2 or 1:3 will be TP/SL). If Trend according to this indicator provides the first green arrow then you can go easily 1:3 ratio for Buy trade.
- 6. If you have candlestick knowledge you can make a lot of money with this indicator(100% Non Repaint Indicator V3.0). When made indicator Green Dot(According to Indicator rules) after confirmation made bullish power candlestick like :- The Hammer, Bullish Engulfing Crack, Bearish Engulfing Sandwich, Morning Star, Tweezer Bottom, Piercing Line Etc. Bullish Candlestick confirmation made after take Instant Buy entry.
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In MetaTrader 4 (MT4), different indicators are utilised for scalping, and traders often choose those that match with their tactics and preferences. Here are a few prominent MT4 indicators that are often utilised for scalping:
MA (Moving Averages):
Short-term moving averages are often used by traders to identify trends and potential entry/exit points.
Bands of Bollinger:
Bollinger Bands may assist in identifying overbought and oversold conditions. Price moves outside of the bands might indicate potential reversal points.
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Oscillator Stochastic:
The Stochastic Oscillator is used to identify overbought and oversold conditions in the market. For potential entry signals, traders might watch for crossings and divergence.
RSI (Relative Strength Index):
The RSI index calculates the magnitude of recent price fluctuations. It is used by traders to identify potential overbought or oversold conditions.
Moving Average Convergence Divergence (MACD):
MACD is a momentum indicator that follows trends. For entrance signals, signal line crossings and histogram patterns are widely utilised.
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Cloud Ichimoku:
The Ichimoku Cloud depicts support, resistance, and trend direction in great detail. In relation to the cloud, traders search for price act signals.
SAR in the form of a parabola:
The Parabolic SAR indicator aids in identifying potential trend reversals. It uses dots to indicate potential reversal points above and below price candles.
Average Directional Index (ADX):
The ADX indicator assesses the strength of a trend. Before making trading choices, traders may utilise ADX to validate the existence of a strong trend.
Fractals:
Fractals may assist in identifying potential market reversal points.
TMA (Triangular Moving Average) Band Scaling:
To identify potential price swings, some traders employ TMA bands built expressly for scalping.
Remember that the efficiency of indicators is affected by a variety of variables such as market conditions, time periods, and individual trading styles. For more robust decision-making, it is generally helpful to integrate various indicators and utilise them in conjunction with price action research.
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Furthermore, avoid relying too heavily on indicators without evaluating the larger market backdrop, and always utilise risk management measures to preserve your cash.
