Free Forex Indicators (MT4), Trend Following Indicators

High Profitable Free Scalping Indicator

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 back test 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 High Profitable Free Scalping Indicator at your Forex MT4 terminal, your trading chart will be appeared as the following image:

High Profitable Free Scalping Indicator
High Profitable Free Scalping Indicator

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 sell can be triggered at the point when the indicator value turns negative and a down moving trend of the value signals the confirmation of 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 Buy Parameters
High Profitable Free Scalping Indicator Buy Parameters
  • High Profitable Free Scalping Indicator value turns positive
  • 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 Sell Parameters
High Profitable Free Scalping Indicator Sell Parameters
  • High Profitable Free Scalping Indicator value turns negative
  • 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
Free Download Free Scalping Indicator
Free Download Free Scalping Indicator

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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.