Free Forex Systems (MT4), Trend Following Systems

Flash FX Scalper

The Flash FX Scalper applies a unique way to demonstrate price movements and trend-following buy/sell signals in Metatrader 4 platforms.

Technically, the Flash FX Scalper is a perfect trading system for forex scalping and day trading. Apart from forex, this indicator also works well for stock, futures, and cryptocurrency chart analysis.

Flash FX Scalper Overview

Flash FX Scalper overview

The Flash FX Scalper doesn’t show regular lines, bars, or candlestick charts. Instead, it applies sequential dots showing the pivotal points of the price. It also comes with simple moving averages, Flash arrows, buy-sell signals, an on-screen pair changer, and more.

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Flash FX Scalper Explanation

Flash FX Scalper explanation

The Flash FX Scalper applies a customized pair of SMAs to spot the short-term trend-reversal patterns of the price. Every time the price moves above or below a pivotal position, the system plots a dot to assess the trend direction.

The direction of the price channel shows the current trend mode. For instance, the Flash Dot will appear above the SMA channel during a bullish trend market. If the systems detect a buying opportunity, it will show a yellow arrow signal to confirm the long-entry.

During a bearish market, the SMA channel will continue heading downwards. The Flash dot appearing below the moving average levels indicates a solid state of the downtrend market. Once the system plots a white arrow above the price, go short with an SL above the SMA channel.

Moreover, the system includes on-screen pair changing panel enabling you instantly access the chart you want to open.

Flash FX Scalper: Buy Conditions

Flash FX Scalper buy signal
  • Flash dot signal appears above the 2 SMA
  • A yellow arrow appears below the SMA channel
  • Place SL below the SMA line
  • Exit long on white arrow signals

Flash FX Scalper: Sell Conditions

Flash FX Scalper sell signal
  • Flash dot signal appears below the 2 SMA
  • A white arrow appears above the SMA channel
  • Set SL above the SMA line
  • Exit short on yellow arrow signals

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
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