The Winners Rise Forex Scalper Indicator is a trend histogram designed for MetaTrader 4.
It displays colored bars oscillating above and below the zero level, providing clear buy and sell signals for scalpers and intraday traders.
The indicator does not repaint, ensuring reliable signals for short-term trading strategies.
For optimal performance, it’s recommended to adjust the default period setting from 15 to 50.
Key Points
- Works well for scalping
- Works well for intraday trading
- Does not repaint the histogram bars
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a shorter-term trend confirmation tool.
Free Download
Download the “Winner-Rise.ex4” MT4 indicator
Indicator Example Chart
The EUR/USD 1-minute chart below shows the Winners Rise Forex Scalper indicator in action.
Trading Signals From the Winner Rise Scalper
BUY:
- A buy signal is given when the histogram bars turn back above the zero level (green color).
- Set stop loss below short-term support.
- Exit the buy trade for a predetermined profit target or wait for a sell signal.
SELL:
- A sell signal is given when the histogram bars turn back below the zero level (red color).
- Set stop loss above short-term resistance.
- Exit the sell trade for a predetermined profit target or wait for a buy signal.
Download Now
Download the “Winner-Rise.ex4” MT4 indicator
MT4 Trading Strategy: Winners Rise Scalper + Xmaster Formula Indicator
This scalping strategy leverages the accurate entry signals from the Winners Rise Forex Scalper Indicator alongside the trend-filtering power of the Xmaster Formula Indicator (2025 version).
It’s ideal for high-probability trades on lower timeframes.
Recommended Timeframes
- M1, M5, or M15 for fast scalping trades
Indicators Used
Buy Trade Setup
- Check if the Xmaster Formula is showing bullish conditions (usually indicated by green or blue trend direction).
- Wait for a buy signal (up arrow or alert) from the Winners Rise Scalper Indicator.
- Enter the buy trade at candle close once both indicators align (Winners Rise signal + bullish Xmaster trend).
- Place your stop loss just below the recent swing low.
- Target a 1:2 risk-to-reward ratio or exit at the next resistance level.
Sell Trade Setup
- Check if the Xmaster Formula is showing bearish conditions (typically red or orange trend display).
- Wait for a sell signal (down arrow or alert) from the Winners Rise Scalper Indicator.
- Enter the sell trade at candle close once both indicators align (Winners Rise signal + bearish Xmaster trend).
- Place your stop loss just above the recent swing high.
- Target a 1:2 risk-to-reward ratio or exit at the next support level.
Tips for Best Results
- Avoid trading during low-volume sessions or major news releases.
- Focus on volatile pairs like EURUSD, GBPJPY, and XAUUSD for better momentum.
- Use a trailing stop or partial profits to lock in gains on strong trend moves.
Strategy Conclusion
This dual-indicator strategy helps filter out false scalping signals by only trading in the direction of the overall trend.
With fast execution and clear confirmation, it’s ideal for scalpers who value precision and clarity.
Adjustable Indicator Parameters & Settings
Period, colors, and style
More Info About This Tool
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: Forex signals
Frequently Asked Questions
Can I use the Winners Rise Forex Scalper Indicator with other trading strategies?
Yes, the Winners Rise Forex Scalper Indicator can be integrated with other trading systems as a trend confirmation tool. It works well in combination with indicators like the Xmaster Formula Indicator (2025 version) for high-probability trades on lower timeframes. This dual-indicator strategy helps filter out false signals by only trading in the direction of the overall trend.
Is the Winners Rise Forex Scalper Indicator suitable for beginners?
Yes, the indicator is beginner-friendly due to its simple visual signals. However, beginners should practice on a demo account first to become familiar with interpreting the signals accurately and to develop a solid understanding of scalping techniques.
Can the Winners Rise Forex Scalper Indicator be used on all currency pairs?
Yes, the indicator works on all major and minor currency pairs in MetaTrader 4. It’s particularly effective on volatile pairs like EUR/USD, GBP/JPY, and XAU/USD. Testing it on your preferred pairs and timeframes is recommended to optimize performance.
Final Thoughts
The Winners Rise Forex Scalper Indicator is a valuable tool for traders seeking precise entry and exit points in short-term trades.
Its non-repainting nature ensures reliability, while the clear visual signals aid in making informed trading decisions.
Ideal for scalpers and intraday traders, it can be seamlessly integrated into various trading strategies.
As with any tool, it’s recommended to test the indicator on a demo account to understand its behavior and optimize its settings for your trading style.
