Instant Profit Scalper - arrow indicator for scalping
Instant Profit Scalper indicator is designed to trade on 4 and 5-digit quotes, displaying the current trendThe indicator does not overdraw, as well as signals to enter the market. The indicator does not overdraw and according to ForTrader.org experts shows quite confident results, especially on the recommended lower timeframes M1, M5 and M15.
In general, the indicator clearly displays its signals: the pink arrow - entry to buy, followed by a pink indicator line, showing an uptrend, yellow - signal to sell and downtrend.
There is also an audible alert that informs you that there is a new recommendation and that there has been a change in the trend. In the alert message you can also find data for StopLoss, which is set in the indicator parameters.Besides using this variant of closing a deal, it is also offered to work with Tralling Stop and the nearest strong levels of support and resistance, at the discretion of the trader.
From the adjustable parameters it is offered only SPK, the default value of which is 8. The author also strongly recommends to work only with the trend, checking it on higher timeframes, i.e. if on M15 you see an uptrend, on M5 the sell signals should be ignored.