High Profitable Free Scalping Indicator is yet the simplest but best Forex trend indicator among the top class Forex trading tools. This indicator alone signals both entry and exit along with the trend signals. According to the backtest result, High Profitable Free Scalping Indicator has a proven level of winning records.
High Profitable Free Scalping Indicator is usable to trade all Forex currency pairs. Besides, it fits with all sorts of timeframe charts. Therefore, from scalpers, intraday traders to even long-term daily market participants all can be benefited from this astonishingly effective Forex indicator.
High Profitable Free Scalping Indicator Overview
After the installation of the High Profitable Free Scalping Indicator at your Forex MT4 terminal, your trading chart will appear as the following image:
This indicator uses a separate oscillator window to demonstrate the trend condition along with the entry/exit signals. It is interpreted as a buy signal whenever its value turns positive. A rising value above the zero level signals the validity of the bullish trend. On the other hand, a seller can be triggered at the point when the indicator value turns negative and a downward moving trend of the value signals the confirmation of the bearish trend of the market.
You Should Try This Scalping System: Scalping Panther System
High Profitable Free Scalping Indicator: Buy Parameters
- High Profitable Free Scalping Indicator value turns positive
- The price bar closes as a bullish candle at the same time
- Buy at the break of respective bullish bar’s high
- Set stop loss below the current swing low
- Hold your long entry until the indicator value holds above the zero level
- Take profit/exit long whenever the indicator value turns negative
High Profitable Free Scalping Indicator: Sell Parameters
- High Profitable Free Scalping Indicator value turns negative
- The price bar closes as a bearish candle at the same time
- Buy at the break of respective bearish bar’s low
- Set stop loss above the current swing high
- Hold your short entry until the indicator value holds below the zero level
- Take profit/exit short whenever the indicator value turns positive
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