About the Kuskus Stop Forex Indicator
The Kuskus Stop Indicator for MT4 connects the high and low swing points on any currency chart to reveal the overall trend.
It draws a thick red line on the main chart, showing traders whether the market is trending up or down.
A rising Kuskus Stop line indicates an uptrend, while a falling line signals a downtrend.
The swing highs and lows also act as dynamic resistance and support levels, helping traders make more informed entries and exits.
This indicator is suitable for intraday trading and can also be applied to shorter timeframes for scalping setups.
It works on multiple currency pairs and provides a clear visual representation of market direction.
Free Download
Download the “KUskUs_stop.ex4” indicator for MT4
Key Features
- Identifies trend direction with a thick red line
- High and low swing points act as support and resistance
- Signals buy on breaks above previous swing highs
- Signals sell on breaks below previous swing lows
- Suitable for intraday and scalping strategies
Indicator Chart
The chart shows the Kuskus Stop Indicator applied on an MT4 chart.
The red line connects swing highs and lows, indicating trend direction.
Traders can enter buy trades on breaks above previous highs and sell trades on breaks below previous lows.
This setup works well for intraday trading and can be applied to M5–M15 charts for scalping.
Guide to Trade with Kuskus Stop
Buy Rules
- Enter a buy when price breaks above the previous swing high
- Confirm the trend with the rising Kuskus Stop line
- Optional: wait for a minor retest of the swing high for safer entry
Sell Rules
- Enter a sell when price breaks below the previous swing low
- Confirm the trend with the falling Kuskus Stop line
- Optional: wait for a minor retest of the swing low for safer entry
Stop Loss
- For buys, place the stop just below the last swing low
- For sells, place the stop just above the last swing high
- Adjust stop distance according to volatility or ATR readings
- Use a tighter stop for scalping on M5 or M15 charts
Take Profit
- Target the next swing high for buy trades
- Target the next swing low for sell trades
- Scale out partially at intermediate swing levels for safer profits
- Exit fully if the Kuskus Stop line changes slope against your trade
Practical Tips
- Use M5–H1 charts for intraday trades and M1–M5 for scalping
- Combine with momentum indicators or moving averages to confirm entries
Kuskus Stop + Scalper Signal Indicator MT4 Scalping Strategy
This scalping strategy combines the Kuskus Stop Indicator for MT4 and the Scalper Signal Indicator.
The Kuskus Stop connects the high and low swing points on the chart, providing clear guidance on the overall trend direction.
The Scalper Signal gives fast, visual entry cues with green arrows for buy trades and red arrows for sell trades.
By combining trend confirmation with precise entries, this setup is ideal for short-term scalping on liquid currency pairs.
This strategy works best on M1, M5, and M15 charts during active trading sessions such as London and New York.
It helps traders capture quick price movements while staying aligned with the main trend.
Buy Entry Rules
- Confirm that the Kuskus Stop shows an overall bullish trend (swing connections are sloping upwards).
- Wait for a green arrow from the Scalper Signal Indicator.
- Enter a buy trade at the close of the candle with the green arrow.
- Place the stop loss below the most recent swing low or a nearby support level.
- Set the take profit between 8–15 pips, or trail the stop by 5–10 pips to lock in profits quickly.
Sell Entry Rules
- Confirm that the Kuskus Stop indicates a bearish trend (swing connections sloping downwards).
- Wait for a red arrow from the Scalper Signal to appear.
- Enter a sell trade at the close of the candle with the red arrow.
- Set the stop loss above the most recent swing high or nearby resistance.
- Take profit between 8–15 pips, or trail the stop by 5–10 pips to capture quick gains.
Advantages
- Combines clear trend direction with precise entry signals for high-probability trades.
- Fast and visual system, perfect for active scalpers.
- Works on multiple currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
- Helps traders avoid countertrend entries by filtering signals through trend confirmation.
- Short holding periods reduce exposure to sudden market reversals.
Drawbacks
- Scalping requires constant monitoring, especially during volatile sessions.
- False arrows may occur during sideways or low-volatility markets.
- Small pip targets may be affected by spread or slippage.
- Not suitable for swing traders who prefer longer holding periods.
- Performance depends on quick execution and low spreads.
Case Study 1: EUR/JPY on M5
During the London session, the Kuskus Stop indicated a bullish trend on EUR/JPY.
A green arrow appeared from the Scalper Signal at 157.50.
A buy order was placed at 157.52 with a 10-pip stop loss and a 15-pip take profit.
The price quickly moved to 157.67 within 12 minutes, reaching the target.
Case Study 2: GBP/USD on M1
On GBP/USD M1, the Kuskus Stop showed a bearish trend.
A red arrow appeared at 1.2838.
A sell trade was entered at 1.2837 with a 7-pip stop loss and 12-pip take profit.
The pair dropped to 1.2825 in less than 10 minutes, hitting the target efficiently.
Strategy Tips
- Focus on high-liquidity pairs for consistent movement.
- Trade during the London and New York sessions to take advantage of volatility.
- For safer trades, only take arrows that appear in the direction of the Kuskus Stop trend.
- Consider using a small trailing stop to lock in profits when the price moves favorably.
- Test the strategy on demo accounts first to fine-tune stop loss and take profit levels per pair.
Download Now
Download the “KUskUs_stop.ex4” indicator for Metatrader 4
FAQ
Can this indicator be used for scalping?
Yes. On lower timeframes like M1–M15, Kuskus Stop helps identify quick trend entries and swing breakouts.
How do I confirm the trend direction?
A rising red line indicates bullish trends, while a falling line indicates bearish trends. Use it along with price action or momentum indicators for extra confirmation.
Summary
The Kuskus Stop Forex Indicator for MT4 visually connects swing highs and lows with a red line to show trend direction.
Rising lines signal uptrends, and falling lines indicate downtrends, while swing points act as dynamic support and resistance.
It is generally good for intraday trading and can be applied for scalping on lower timeframes.
Traders can buy on breaks above previous swing highs or sell on breaks below previous swing lows.
Using the indicator alongside momentum or trend-confirmation tools improves reliability.
The Kuskus Stop simplifies market analysis and helps traders identify high-probability entries and exits efficiently.
