Scalper X2 Indicator
Platform: MT4 Type: Scalping Last update: September 23, 2024The Scalper x2 Indicator provides a simple buy/sell arrows as trading signals. As the name suggests, the indicator comes in handy for scalpers, therefore it plots a lot of signals. It can be used as a standalone tool, but suggest adding some kind of filter.
Example trade with the Scalper x2 Indicator
Below is the screenshot of an example trade with the Scalper x2 Indicator.
We added 100-period Exponential Moving Average to define the overall market trend. In the case above, the trend is downward, so we take a trade at sell arrow below the Moving Average.
