Instant Profit Scalper Indicator
Platform: MT4 Last update: September 24, 2024The Instant Profit Scalper indicator was created for real scalpers.
It consists of the color line and arrows that generate signals. The simplicity and profitability of the system are worth the attention. In fact, it is one of my favorite scalping tools.
The indicator is not repainting and is proven to show reliable results.
It’s recommended to use on lower timeframes like M15 or M5.
It can be used with 4-digit and 5-digit quotations (there are separate files for each one: instanprofitscalper04 and instanprofitscalper05).
How does it work? How to apply in trading?
Buy Entry:
- Market should be up uptrending.
- A pink arrow should appear below the candles.
- The moving average should be pink.
- Open your long position afer bar get closed.
- Place your stop loss just below the recent swing low.
- Take your profit when the yellow arrow appears above the candles.
Sell Entry:
- Market should be up downtrending.
- A yellow arrow should appear below the candles.
- The moving average should be yellow.
- Open your short position afer bar get closed.
- Place your stop loss just below the recent swing high.
- Take your profit when the pink arrow appears below the candles.
Must-see: Vulkan Profit Indicator and Scalper Dream Indicator
