MACD Crossover Scalper is a free mt4 (Metatrader 4) Forex indicator that provides buy & sell signal arrows on the chart.
The indicator works very well for scalping currency pairs during the London and New York trading sessions.
It’s a typical buy and sell technical indicator with easy to follow trading rules.
Buy & Sell Trade Example
- A yellow colored arrow is a buy signal.
- A red colored arrow is a sell signal.
The indicator can be used as a standalone trading tool for both trade entry and exit.
It can also be used as an additional signal indicator that works together with an existing trading strategy or system of your preference.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “Macd crossover alert.ex4” indicator for MT4
Indicator Chart (EUR/USD M30)
The picture below shows the MACD Crossover Scalper mt4 indicator in action on the trading chart.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the MACD Crossover Scalper Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: MACD
Does the indicator repaint? No.
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Download the “Macd crossover alert.ex4” indicator for Metatrader 4
