Free Forex Systems (MT4), Trend Following Systems

Instant Profit Scalping  

Today I want to introduce you guys a robust forex scalping system and it is not other than “Instant Profit Scalping“. It is a pure scalping forex trading strategy designed for the true scalpers. Simple yet genuine, Instant Profit Scalping is one of my favorite scalping systems. Instant Profit Forex Scalping System works in 5-minute and 15-minute time frames but I do not recommend this system on the 1-minute time frame. As you are a scalper, be selective regarding the currency pairs. Cross pairs tend to have bigger spreads compared to majors.

It certainly is a scalping system but it is also a trend following system. Which means you will be scalping along with the direction of the major trend. Bear in mind that you should trade only in the direction of the trend, not in the counter-trend direction. When you are done with installing Instant Profit Scalping System in your MetaTrader 4, your chart should look like this:

Instant Profit Scalping System Overview

Instant Profit Scalping System
Instant Profit Scalping System

 

Time Frame Currency Pairs Number of Indicators Rating
M5 and M15 Majors 2 9.6/10

 Now, let’s go through the indicators used in Instant Profit Scalping.

Instant Profit Scalping Indicators Overview

Instant Profit Scalping Indicators Overview
Instant Profit Scalping Indicators Overview
Main Chart
Instant Profit Scalping Line
Instant Profit Scalping Arrows
  •  Instant Profit Scalping Line

It is a moving average alike indicator that you see in the main chart window. When this indicator is pink, it indicates strong bullish momentum in the market and when this indicator is yellow, it indicates strong bearish momentum.

  • Instant Profit Scalping Arrows

Instant profit scalping arrows are the yellow and pink arrows that you see at the reversals. A pink arrow suggests long position while a yellow arrow suggests short position.

Instant Profit Scalping: Buy Parameters

Instant Profit Scalping Buy Parameters
Instant Profit Scalping Buy Parameters
  1. The general direction of the forex pair should be up.
  2. The market should be around the support region.
  3. A pink arrow (Instant Profit Scalping Arrows) should appear below the market.
  4. Instant Profit Scalping Line should be pink.
  5. Execute your buy position when above parameters are met.
  6. Keep your stop loss below the latest support level.
  7. Book your profit when you see a yellow arrow (Instant Profit Scalping Arrows) above the market.

Want to Know About: Forex Pattern 123 Indicator MT4

Instant Profit Scalping: Sell Parameters

Instant Profit Scalping Sell Parameters
Instant Profit Scalping Sell Parameters The general direction of the forex pair should be down.
  • The market should be around the resistance region.
  • A yellow arrow (Instant Profit Scalping Arrows) should appear above the market.
  • Instant Profit Scalping Line should be yellow.
  • Execute your sell position when above parameters are met.
  • Keep your stop loss above the latest resistance level.
  • Book your profit when you see a pink arrow (Instant Profit Scalping Arrows) below the market.

 

Free Download Instant Profit Scalping
Free Download Instant Profit Scalping

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

2 thoughts on “Instant Profit Scalping  ”

  1. I have downloaded Instant Profit Scalping but the following Indicators are missing ???
    Instant Profit Scalping Line
    Instant Profit Scalping Arrows
    Where can I get the Link for proper Indicators
    There are these Indicators only

    Reply

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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.