Super Signal Scalping Indicator

MT4 Arrows TradingScalping TradingFree Download

Introduction to the Super Signal Scalping Indicator

The Super Signal Scalping Indicator is a short-term forex trading indicator, that has been developed to find potential swing high/lows of the market. As the name suggests, it’s dedicated to scalpers seeking quick entry points and exit points for their forex trades. That indicator does its scalping job pretty well.

The Super Signal Scalping Indicator fits all kinds of timeframes and currency pairs. It is displayed directly on the main trading chart. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How does it work? How to apply in trading?

Trading Rules Explanation

The Super Signal Scalping Indicator provides simple buy/sell arrows for entry and exit points. Such simplicity makes that indicator very easy to use. Places marked with these arrows are simultaneously recent tops and bottoms of the market.

Buy Signal

Follow these steps for a long trade:

The Super Signal Scalping Indicator plotts an upward arrow
Open buy trade
Set stop loss few pips below the triggering arrow
Take profit or exit trade whenever the Super Signal Scalping Indicator provides opposite arrow

Super Signal Scalping Indicator Example of Buy Trade

Sell Signal

Follow these steps for a short trade:

The Super Signal Scalping Indicator plotts an downward arrow
Open sell trade
Set stop loss few pips above the triggering arrow
Take profit or exit trade whenever the Super Signal Scalping Indicator provides opposite arrow

Super Signal Scalping Indicator Example of Sell Trade

As always, to achieve good results, remember about proper money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is crucial to know when to trade, but also when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, etc.

How to set up the Super Signal Scalping indicator in MetaTrader (MT4)?

Installation Guide

Download the Super Signal Scalping.rar archive at the bottom of this post, unpack it, then copy and paste the Super Signal Scalping.ex4 or Super Signal Scalping.mq4 indicator files into the MQL4 folder of the Metatrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Now go to the left side of your MT4 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

Bottom Line

The Super Signal Scalping indicator is well worth adding to your trading collection. A good forex indicator will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex indicator provides false signals occasionally. Its performance will vary significantly depending on market conditions. Feel free to develop your own trading system based around it. Don’t forget that we still have more great free forex MT4 indicators to download and try.