Free Scalping Indicator with Profitability 80%
Free Scalping Indicator designed for scalping on the major currency pairs. According to the developers, the indicator does not re-draw, and its profitability is 60-80%. The Free Scalping Indicator is recommended for use on M1 to M15 timeframes.
Using Free Scalping Indicator in Trading
- A signal to buy is when the indicator histogram crosses the zero line from bottom to top and its color changes from red to yellow.
- The histogram crosses the zero line from top to bottom and the color of the histogram changes from yellow to red is considered a signal to sell.
- Stop Loss The developers recommend setting it at a distance of five points from the previous candle.
- The position is exited when the opposite signal appears or when resistance and support levels are reached.
- It is not recommended to use the indicator for scalping Free Scalping Indicator during the release of important macroeconomic releases.
According to ForTrader.org experts, signals indicator for scalping Free Scalping Indicator need additional filtration, which will increase its efficiency.
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