The Instant FX Scalper indicator for Metatrader 4 is a directional trend indicator that delivers short-term signals for scalpers.
The indicator pops up in the main MT4 chart window as simple-to-use yellow and red scalper arrows.
Buying and selling pairs is utterly simple with this indicator.
Buy & Sell Trade Example
- A yellow arrow represents a buy signal.
- A red arrow represents a sell signal.
- Aim for 5-20 pips profit per trade.
The Instant FX Scalper indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
For scalping, the indicator performs best during the London and New York trading sessions.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “InstantFX.ex4” indicator for MT4
Indicator Chart (EUR/USD M15)
The example chart below displays the Instant FX 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 Instant FX Scalper 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: Signals
Does the indicator repaint? No.
