A lot of traders like scalping trading. Scalping is a forex and stock trading style based on profiting off small price changes, generally, after a trade is executed and becomes profitable.
What is Super Scalper Indicator?
Super Scalper or Superscalper Metatrader 4 indicator is created using two indicators – channel and pattern recognition indicator. The goal is to make trades in channel buy from the lower band when a green arrow appears and selling from the upper band when a red arrow appears.
Super scalper indicator free download
Here you can make super scalper indicator free download in zip format.
Superscalper MetaTrader 4 indicator example:
As we can see, profitable trades are usually on upper and lower bands.
Buy when GREEN arrow appears on M1 or M5 chart
The price is near to the lower blue channel band.
Close trade when RED arrows appear.
Sell when a RED arrow appears on M1 or M5 chart
The price is near the upper blue channel band.
Close trade when GREEN arrows appear.
Traders need to install two indicators on the MT4 platform (copy two ex4 files in MQL4/INDICATORS folder).