About the Trend Scalper Indicator
The Trend Scalper indicator is a short-term trading tool for MT4 designed to identify scalping and fast day trading opportunities.
It is built on the popular T3 indicator, which is known for smoothing price action while remaining responsive to market changes.
The indicator plots visual dot signals directly on the chart to highlight potential entries.
A blue dot signals bullish scalping opportunities, while a red dot signals bearish scalping opportunities.
This visual simplicity allows traders to react quickly without overanalyzing price movements.
Trend Scalper also supports multi-timeframe analysis.
Traders can choose to calculate signals using data from a higher timeframe while executing trades on a lower one.
When combined with a longer-period moving average, the indicator helps align short-term scalps with the dominant market trend.
Free Download
Download the “Trend – scalp(mtf + arrows + alerts).ex4” MT4 indicator
Key Features
- T3-based trend and momentum calculation.
- Blue dot signals indicate buy scalping opportunities.
- Red dot signals indicate sell scalping opportunities.
- Multi-timeframe signal capability.
- Suitable for scalping and short-term day trading.
- Works on all MT4 timeframes and instruments.
Indicator Chart
The chart shows the Trend Scalper indicator applied to the price chart.
Blue and red dots appear near the price to mark short-term buy and sell scalping signals.
Guide to Trade with Trend Scalper Indicator
Buy Rules
- The broader market trend must be bullish.
- Price trades above a long-term moving average.
- A blue Trend Scalper dot appears on the chart.
- Enter a buy scalp at the close of the signal candle.
Sell Rules
- The broader market trend must be bearish.
- Price trades below a long-term moving average.
- A red Trend Scalper dot appears on the chart.
- Enter a sell scalp at the close of the signal candle.
Stop Loss
- Place the stop loss just beyond the most recent micro swing.
- Use tighter stops on lower timeframes.
- Exit the trade if an opposite-colored dot appears.
Take Profit
- Target small fixed pip gains suitable for scalping.
- Exit the trade near intraday support or resistance.
- Close the position when momentum slows.
Trend Scalper + Ultimate MA Forex Scalping Strategy for MT4
This MT4 scalping strategy uses the Trend Scalper indicator together with the Ultimate Moving Average.
The Trend Scalper draws a blue dot when a buy signal appears and a red dot when a sell signal is generated.
The Ultimate Moving Average acts as a trend filter. When candlesticks are above the MA line, the trend is bullish. When they are below, the trend is bearish.
This strategy is ideal for M1 and M5 charts.
These fast timeframes are suitable for traders who want quick entries and rapid exits based on clean and mechanical rules.
The Trend Scalper provides precise timing while the Ultimate MA keeps you aligned with the short-term trend direction.
Buy Entry Rules
- The candlestick closes above the Ultimate Moving Average, confirming a bullish short-term trend.
- The Trend Scalper prints a blue dot, signaling a buy opportunity.
- Open a buy trade once both conditions occur on the same candle or in close sequence.
- Set the stop loss a few pips below a recent swing low or below the MA line, usually 8 to 20 pips depending on volatility.
- Set the take profit target around 10 to 25 pips or use a trailing stop to secure profits while the move continues.
Sell Entry Rules
- The candlestick closes below the Ultimate Moving Average, confirming a bearish short-term trend.
- The Trend Scalper draws a red dot, signaling a sell opportunity.
- Open a sell trade when both conditions are met.
- Place the stop loss a few pips above a recent swing high or above the MA line, usually 8 to 20 pips.
- Set the take profit target around 10 to 25 pips or use a trailing stop to ride the trend.
Advantages
- Clear entries from the Trend Scalper dots.
- The Ultimate MA provides reliable trend direction filtering.
- Frequent trading opportunities on M1 and M5 charts.
- Simple rules suitable for beginners and experienced scalpers.
Drawbacks
- The MA can lag during fast reversals, causing late entries.
- Spread and commission costs reduce gains on small targets.
- Requires quick reactions because signals appear rapidly on lower timeframes.
Case Study 1 — EUR/GBP on M1
On the EUR/GBP M1 chart, the price traded above the Ultimate MA, confirming an upward trend.
A blue dot from the Trend Scalper appeared at the start of a new bullish candle.
A buy trade was opened with a stop loss of 12 pips below the previous swing low. A take-profit target of 15 pips was set.
The pair continued to rise steadily, and the position closed with a gain of 15 pips.
This trade worked well because both indicators aligned perfectly with the direction of the short-term move.
Case Study 2 — USD/JPY on M5
On the USD/JPY M5 chart, candles moved below the Ultimate MA, showing a clean bearish phase. Soon after, the Trend Scalper printed a red dot.
A sell order was opened. The stop loss was set 18 pips above a recent high.
The take profit was aimed at 20 pips, and a trailing stop was added as the price dropped.
The market continued pushing lower, securing a total of around 22 pips.
Strategy Tips
- Avoid using the strategy during high-impact news events, as price can behave erratically.
- Trade pairs with low spreads for the best scalping results.
- Use the London and New York sessions for stronger and more consistent moves.
- Adjust the MA period to find the balance between early entries and trend reliability.
- Use a trailing stop to protect profit once the trade moves in your favor.
Download Now
Download the “Trend – scalp(mtf + arrows + alerts).ex4” Metatrader 4 indicator
FAQ
What makes the Trend Scalper indicator different from other scalping tools?
The indicator uses T3 smoothing to reduce noise while keeping signals responsive, which helps improve scalping accuracy.
Which timeframe is best for this indicator?
It works well on M1 to M15 charts, but traders can also use higher timeframe data for signal confirmation.
Why is a moving average recommended?
A long-period moving average helps filter trades so scalps are only taken in the direction of the dominant trend.
Can this indicator be used outside forex markets?
Yes, it can be applied to indices, commodities, and other MT4-supported instruments.
Summary
The Trend Scalper indicator offers a practical approach to short-term trading by combining T3 trend logic with simple visual signals.
Its dot-based entries make it easy to spot opportunities during active market conditions.
When paired with a solid trend filter and disciplined risk control, the indicator can support consistent scalping and fast-paced day trading strategies across multiple markets.
