Forex Space Scalper is a free MT4 non-repaint scalping indicator that delivers multiple trade entries and exits throughout the market sessions.
The indicator pops up in the main MT4 chart window as blue & orange colored arrows.
The Forex Space Scalper indicator is beginner-friendly and works out of the box.
Buy & Sell Trade Example
- A buy signal occurs whenever a blue arrow pops up on the chart.
- A sell signal occurs whenever an orange arrow pops up on the chart.
The Forex Space Scalper indicator can be used for both trade entry and exit, or as an additional confirmation filter for other strategies and systems.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “forex-space-indicator.ex4” indicator for MT4
Indicator Chart (GBP/USD M5)
The example chart below displays the Forex Space Scalper mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Forex Space 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: Scalper
Does the indicator repaint? No.
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Download the “forex-space-indicator.ex4” indicator for Metatrader 4
