The Darma Forex scalper indicator for Metatrader 4 provides scalping signals that work great during the most active trading sessions.
Darma scans the shorter-term time frames (M1, M5, M15) to find scalping opportunities for any FX pair of your preference.
Scalping with this indicator is a straight forward task:
- A buy trade occurs when the light-green signal line crosses the purple signal line upwards.
- A sell trade occurs when the light-green signal line crosses the purple signal line downwards.
Be advised that the best trading results were achieved during the most volatile trading sessions (London & American).
For best performance, utilize this scalper on the lower spread currency pairs.
Free Download
Download the “atr-darma.mq4” indicator for MT4
Indicator Example Chart (EUR/USD M15)
How to trade with it (example)?
Initiate a buy scalping trade as soon as the light-green Darma signal line crosses the purple signal line upwards.
Initiate a sell scalping trade as soon as the light-green Darma signal line crosses the purple signal line downwards.
Exit the trade for 7-25 pips profit (depends on your chosen time frame).
Utilize a short-term stop loss to minimize your losses.
Feel free to use your own favorite trading method to open and close trades with the Darma scalper.
Indicator Specifications
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: ATR period, signal line period, show bars, color settings & style
Indicator type: scalping
Repaint? Does not repaint the two Darma signal lines.
Download Now
Download the “atr-darma.mq4” indicator for Metatrader 4
Usage:
Works for any trade style: scalping, day trading and swing trading .
The Darma Forex indicator for MT4 can be used as a standalone scalper indicator or combined with other technical indicators for optimal trade exit.
Installation:
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the atr-darma.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.