Scalper Dream Indicator
Platform: MT4 Type: Scalping Last update: October 20, 2024The Scalper Dream Indicator is a all-in-one forex trading gauge. It recognizes trend direction, measures trend strength and displays momentum histogram bars. Most of these essential data is provided in the top left part of the chart, however histogram is displayed below it.
How does it work? How to apply in trading?
Buy Entry: Open long trade when histogram bar color changes to green. Place your stop loss a few pips below last swing low.
Sell Entry: Open short trade when histogram bar color changes to red. Place your stop loss a few pips above last swing high.
Exit Trade / Take Profit: Close your open position when the opposite signal appears, or use your own preferred method of trade exit.
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