Indicators for scalping
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4 Timeframe Stochastic 2 indicator is a modification of the popular oscillator of the MetaTrader 4 Stochastic trading platform. 4 Timeframe Stochastic 2 indicator displays readings of four Stochastic indicators from different timeframes with the same settings in the basement of the price chart. The developers of the indicator position it as a provider of signals for scalping. Journal ForTrader.org experts believe that the 4 Timeframe Stochastic 2 indicator will be useful not only as an element of strategies for scalping, but also in trading strategies that use the principle of several working timeframes, as well as in the analysis of price charts of currency pairs. Download 4 Timeframe Stochastic 2 Indicator Other Stochastic modifications
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The Forex Turbo Scalper indicator, whose author is famous in the circles of Rita Lasker, is designed for scalping and determines the market trends in their early stages. The indicator is optimized for use on M5 and M15 timeframes. Indicator for scalping Forex Turbo Scalper is displayed in the basement of the price chart in the form of colored vertical lines: blue line - upward trend; red line - downward trend; yellow line - flat. Additionally, the Forex Turbo Scalper indicator is notified by a trading signal through a dialog window and sound alerts. According to the experts of ForTrader.org magazine, the Forex Turbo Scalper indicator looks quite interesting, but to use it...
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Camarilla DT indicator plots reversal levels, support and resistance levels on the price chart of a currency pair and will be useful for traders who build their trading strategies on trading by levels. Using Camarilla DT indicator in trading As a rule the price is between H3 and L3 levels. The H3 level is a guide for opening short deals, the L3 level is for opening long deals. If the price is between levels 3 and 4, we should wait for its return to the range H3 - L3, the withdrawal from one of these levels, and then open a deal in the direction of the trend. Level 4 is quite a strong resistance (support). Its penetration increases the probability of price continuation...
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Free Scalping Indicator indicator is designed for scalping on the major currency pairs. According to the developers, the indicator does not re-draw, and its profitability is 60-80%. Free Scalping Indicator is recommended for use on M1 - M15 timeframes. Free Scalping Indicator indicator usage in trading Free Scalping Indicator histogram crossing zero line from bottom to top and its color changing from red to yellow is considered as signal for buy. Histogram crossing zero line from top downward and changing color of histogram from yellow to red is considered as signal for sale. The developers recommend that the stop-loss is set at a distance of five points from the previous candle. Exit the position is carried out when the opposite signal or...
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The Spread_NiceForex indicator displays two lines on the price chart, located at a distance from the current price by the distance of the current spread. The indicator works on all available instruments and time intervals, except monthly. According to experts of ForTrader.org, the indicator Spread_NiceForex will be useful for novice traders and when working on accounts with floating spread. Download Spread_NiceForex Indicator You might also be interested in
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The Ultimate Pro Scalper indicator belongs to the category of arrows and is designed for scalping and intraday trading. The Ultimate Pro Scalper indicator can be used on all currency pairs with high volatility on any timeframe (M30 and H1 are recommended). Using the Ultimate Pro Scalper indicator in trading The Ultimate Pro Scalper indicator displays signals to enter the market in the form of red and green rhombuses: Red rhomboid - sell signal Green rhomboid - buy signal For trader's convenience, when there is a signal to enter the market, a sound alert is emitted. There is an informer placed at the corner of the price chart, which displays the name of the currency pair, timeframe, time left till the next...
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Cronex T RSI BB Signal indicator, according to the developers, is designed for scalping in the broader boundaries. Indicator Cronex T RSI BB Signal consists of five lines and a histogram: Blue line - standard RSI indicator Orange line - consolidated RSI indicator, built on T3 RSI Dotted lines - Bollinger Bands borders Blue line - Bollinger Bands median line Application of Cronex T RSI BB Signal indicator in trading The signal to enter the market is formed when the consolidated RSI, built on T3 RSI, goes beyond the Bollinger bands. It is possible to use the crossing of T3 RSI with the middle line of the Bollinger Bands. Entry into the position is made after the first...
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The i_DarkCloud_Piersing indicator is designed for scalping and is based on recognizing the reversal candlestick patterns "Dark Cloud Curtain" and "Cloud Gap". The sell signal is indicated with a red arrow, the buy signal - with a green one. The experts of ForTrader.org believe that the i_DarkCloud_Piersing indicator can be used in a scalping strategy after checking for refreshing. Download i_DarkCloud_Piersing Indicator Other Indicators for Scalping
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The Fourier Extrapolator indicator belongs to the category of predictors and displays on the price chart of a currency pair a line of possible future price movement, calculated on the basis of Fourier theory. As a rule, price trend forecasts are available for 24-hour periods, that's why the Fourier Extrapolator can only be used for intraday trading. Since the price forecast is made on the basis of the Fourier theory, which implies the calculation of the already passed prices, it is not recommended to use the Fourier Extrapolator indicator on the day when the important economic events are released. According to ForTrader.org experts, the accuracy of the Fourier Extrapolator forecast will decrease proportionally to the timeframe increase. The most accurate prediction will be on the M1 and M5 charts, which...
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Heatmap Gradient Scale indicator refers to informational indicators and displays on the price chart the value of the daily variation of a currency pair or another trading instrument from the "Market Watch" window in three modes. Setting up the Heatmap Gradient Scale indicator Forming the list of trading instruments displayed on the price chart is performed directly in the "Market Watch" window. The information on the price change can be displayed in three modes: Scale, Gradient - normal color display; Heatmap - "heat map" mode, the backlight contrast will vary depending on the instrument change. Application of the indicator in Heatmap Gradient Scale trade The Heatmap Gradient Scale indicator can be used as a correlation indicator (when using the display mode...
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IINWMARROWS indicator belongs to the category of arrows, based on the use of moving averages. The indicator forms a signal for entry at the time of inflection of moving averages at the occurrence of local extrema. The principle of operation of the indicator is simple: when the red arrow appears, we open a sell position, when the green arrow appears, we open a buy position. The IINWMARROWS indicator is recommended for scalping or pipsing on H1 timeframe. According to the experts of ForTrader.org, the IINWMARROWS indicator should be tested for rewrite signals before use. When used in trading, it is necessary to introduce additional filters to increase efficiency and cut off false signals. Download IINWMARROWS Indicator You may also be interested in
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Forex Goiler indicator works on the principle of Gann analysis, and gives only one signal per day on the selected currency pair. Forex Goiler indicator showed itself well in scalping, on the 5 and 15-minute time intervals, as well as on the daily. Signals are drawn at the opening of a new candle. The system involves Gann numbers (90, 180, 270, 360), these numbers are used to build a ladder with all the signals, including stop-loss and take-profit. Forex Goiler indicator interface Forex Goiler - informer in the bottom corner White level - the first entry point is formed (at the maximum or minimum of the candle body, depending on the trend) Orange level - opening of the...
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The Ozymandias indicator tracks market trends with absolute reliability, ignoring sharp fluctuations and market noise. Ozymandias indicator description The Ozymandias indicator displays a colored line surrounding the price range. The coloured line represents the average price of the currency pair, while the price bar shows overbought/oversold conditions. If the price average is blue, you should look for entry points to open long positions when the market is not overbought, and if the price average is red, you should look for entry points to open short positions when the market is not oversold. Ozymandias indicator rules of thumb You should buy during an uptrend when the price reaches the average or oversold, and sell during a downtrend when the price reaches the...
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The Zoomer Pro indicator has been known to traders for quite a long time, but there are still some questions about working with it. So, we have almost a ready-made trading strategy, which is designed for scalping. When you run the Zoomer Pro indicator in your terminal, you will see eight columns of 9 squares that guide us through the market. In fact, as the experts at ForTrader.org tell us, you are looking at signals from different kinds of moving averages, presented on the main timeframes. The green squares orient us to buy, and the red squares orient us to sell. Dark green and black, respectively, indicate very strong signals. So, based on the description above, it is not difficult to guess how to use the Zoomer Pro indicator. It will be an MTF system,...
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Instant Profit Scalper indicator is designed to trade on 4 and 5-digit quotes, displaying the current trend, as well as signals to enter the market. The indicator does not overdraw and, according to the experts of ForTrader.org, shows quite confident results, especially on the recommended low timeframes M1, M5 and M15. In general, the indicator clearly displays its signals: the pink arrow - buy entry, followed by the pink indicator line, showing an uptrend, yellow - sell signal and downtrend. There is also an audible alert that informs you that a new recommendation has appeared 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...
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It is rare to find an indicator designed specifically for a particular user, or rather a trading strategy. 100 pips today scalper indicator is one of them and, judging by the name, it is designed for scalping. Be that as it may, it is a trend indicator that works directly on the price chart and best gives signals on the lower timeframes up to M15. It can be used on any currency pair. The rules are very simple: the yellow line indicates an uptrend, the red line - the downtrend, the change of trends is notified by a sound signal. Additionally, the direction is indicated by special marks. In addition, "100 pips today scalper" indicates what deal is safe to open now....
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T3 Coral + CHL TF MTF TT trade indicator is a T3 Coral indicator with a dynamic slope. The main idea of the indicator is to determine the trend impulse at its very beginning. The T3 Coral + CHL TF MTF TT trade indicator does not overdraw, because the slope angle is calculated depending on the last few candles. Eight types of calculation of the slope angle by impulses are implemented in the indicator (DynamicBeta), the current type of calculation is displayed in the upper left corner of the chart. There are 3 sets for changing the color of the central line, the alerts are also tied to them. The central line has 3 types of rendering (T3Type): line, dots, double ZigZag. The boundaries of the channel, displayed by...
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Crane Scalper indicator is an author's indicator for scalping from the user of forexsystemsru.com forum with the nickname Crossluck. The Crane Scalper indicator has a basement format, gives graphic signals to enter the market, and also has a built-in flat filter. Testing of Crane Scalper indicator by forum users has shown its high profitability, as well as the ability to trade using it on Renko charts. You can download the previous and alternative versions of Crane Scalper indicator and discuss scalping with it in this thread. Download Crane Scalper indicator Other indicators for scalping
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