About the Indicator
The AFStar Forex Scalper Indicator is a non-repainting tool designed for intraday traders who want to catch early trend reversals with pinpoint accuracy.
It plots clear blue and red arrows directly on the chart to identify potential buy and sell zones.
Whether you’re trading currency pairs or gold, this scalping indicator delivers timely signals to help you enter trades with confidence.
Key Features of AFStar
- Clear blue (buy) and red (sell) arrows on the chart
- Non-repainting signals for reliability
- Works on all timeframes, best on M15–H1
- Easy to understand for both beginners and pros
- Compatible with all MT4 brokers
Free Download
Download the “afstar-indicator.mq4” indicator for MT4
Benefits of Using AFStar
- Boosts your entry timing in trending markets
- Reduces false signals with adaptive filtering
- Can be used alongside other indicators like RSI, Moving Averages, or Fibonacci tools
- No complex settings – plug and trade!
Indicator Example Chart (EUR/USD M5)
How To Trade Using This Indicator
Buy Setup
- Wait for a blue arrow to appear below the candle
- Confirm price is making a higher low or bouncing off support
- Entry Point: Enter on the next candle after the blue arrow
- Stop Loss: Set a few pips below the recent swing low
- Take Profit: Aim for 2x your stop loss or exit when a red arrow appears
Sell Setup
- Wait for a magenta arrow to appear above the candle
- Confirm price is making a lower high or reacting to resistance
- Entry Point: Enter on the next candle after the red arrow
- Stop Loss: Set a few pips above the recent swing high
- Take Profit: Target 2x the risk or exit on the next blue arrow
Download Now
Download the “afstar-indicator.mq4” indicator for Metatrader 4
Afstar Forex Scalper + Waddah Attar Strong Level Strategy for MT4
This strategy combines the quick-entry scalping signals of the Afstar Forex Scalper Indicator with the robust support and resistance detection of the Waddah Attar Strong Level Indicator.
Together, they provide traders with precise entry points backed by critical price levels, enhancing trade accuracy and risk management.
This strategy works well on lower timeframes such as M5, M15, and M30, ideal for scalpers and short-term traders.
What Is This Strategy About?
The Afstar Forex Scalper Indicator delivers fast buy and sell signals based on momentum and price action, designed to capture quick market moves.
The Waddah Attar Strong Level Indicator identifies significant support and resistance zones where price reactions are likely, helping traders avoid entering trades near weak or risky levels.
Combining these two indicators allows traders to scalp efficiently while respecting critical market levels.
Buy Rules
Conditions:
- Afstar Forex Scalper Indicator issues a buy signal (usually a green arrow or alert).
- Price is near or bouncing off a strong support level identified by the Waddah Attar Strong Level Indicator.
Entry:
Enter a buy trade when a buy signal coincides with price testing or bouncing off a strong support level.
Stop Loss:
Place the stop loss slightly below the identified support level to allow room for normal price fluctuations.
Take Profit:
Set a take profit at the next significant resistance level or use a fixed risk-to-reward ratio of 1:2 or 1:3.
Sell Rules
Conditions:
- Afstar Forex Scalper Indicator shows a sell signal (usually a red arrow or alert).
- Price is near or reacting down from a strong resistance level identified by the Waddah Attar Strong Level Indicator.
Entry:
Open a sell position when a sell signal aligns with price approaching or bouncing off a strong resistance level.
Stop Loss:
Set the stop loss just above the resistance level to protect against false breakouts.
Take Profit:
Target the next strong support level or apply a fixed risk-reward ratio between 1:2 and 1:3.
Advantages
- Combines fast scalping entries with key market levels for better timing.
- Helps avoid entering trades near weak or non-significant price zones.
- Suitable for active traders seeking short-term profits.
- Can be used across various currency pairs and timeframes.
Drawbacks
- Requires quick decision-making and active monitoring.
- It may generate false signals if support or resistance levels are not well-defined.
- Less effective during highly volatile or news-driven sessions.
Conclusion
The Afstar Forex Scalper + Waddah Attar Strong Level Strategy offers a disciplined scalping approach by combining quick momentum signals with crucial support and resistance zones.
The Afstar Forex Scalper Indicator provides timely buy and sell alerts, while the Waddah Attar Strong Level Indicator ensures trades are taken respecting important market levels.
This synergy improves entry accuracy, risk management, and overall trading performance.
Examples, Case Data, Back Test
In recent EUR/USD backtests on the M30 chart, AFStar showed a 75% win rate using a 1:2 risk/reward strategy.
It performed best during London and New York sessions with moderate volatility.
It’s recommended to avoid using it during news events or ranging markets.
Indicator Specifications
| Platform | MetaTrader 4 (MT4) |
|---|---|
| Indicator Type | Trend Reversal / Scalping |
| Timeframes | All (Best on M15, M30, H1) |
| Markets | Forex, Gold, Indices |
| Repaint | No (Non-repainting) |
| Inputs |
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Final Words
The AFStar Forex Scalper Indicator for MT4 is a smart choice for traders looking to catch intraday moves early with clarity and speed.
With its visually intuitive arrows and reliable logic, it fits perfectly into any scalping or trend-following strategy.
If you’re ready to upgrade your entries, give AFStar a try today!
