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Free Scalping Indicator – indicator for scalping with profitability of 80%

Published: 08.04.2015
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Free Scalping Indicator is designed for scalping on major currency pairs. According to the developers, the indicator is not repaint, and its profitability is 60-80%. Free Scalping Indicator recommended for use on the timeframes M1 - M15.

Characteristics of Free Scalping Indicator
  • Platform: Metatrader4
  • Currency pairs: Major currency pairs
  • Trading Time: Around the clock
  • Timeframe: M1 - M15
  • Recommended broker: Alpari
Rules of trade by Free Scalping Indicator

BUY signal for the considered crossing the zero line histogram indicator of bottom-up and change its color from red to yellow.

SELL signal for the considered crossing the zero line histogram from the top down and change the color histogram from yellow to red:

free-scalping-indicator-no-repaint

Stop Loss developers recommend installing at a distance of five points from the previous candle.

Exit is performed when an opposite signal or when reaching resistance and support levels.

It is not recommended to use Free Scalping Indicator during important macroeconomic releases.

In my opinion, Free Scalping Indicator signals require additional filtering, which will increase its effectiveness.

In the archive Free_Scalping_Indicator.rar:

  • Free Scalping Indicator.ex4
  • Free Scalping Indicator.tpl
  • Free Scalping Indicator Manual.pdf

Free Download Free Scalping Indicator

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Author:
Daniel
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Comments:
  • GAbriel
    Published: 03.05.2016 Reply to the message

    Very good! Advise use in ECN accounts M5 time.
    Hugs!

  • afif
    Published: 19.05.2016 Reply to the message

    the indicator doesnt appear at my mql4 mt4. hmm please help me , thanks

  • pumesz
    Published: 16.08.2016 Reply to the message

    This indicator works very good with multitimeframe PSAR. ;)

  • Ahmad
    Published: 18.01.2018 Reply to the message

    Sir i need scalping indicator?

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