Golden Super K is a free Metatrader 4 (MT4) indicator that delivers precise trade entry and exit signals for the attached currency pair.
The indicator appears in the main MT4 chart as a bi-colored signal line that’s always active in the Forex market.
Buy & Sell Trade Example
- Open a long trade as soon as the blue signal line appears on the chart (bullish).
- Open a short trade as soon as the orange signal line appears on the chart (bearish).
- Reverse the open position whenever an opposite signal gets displayed on the chart.
Golden Super K can be used for both entry and exit signals or mixed together with your own favorite trading strategy for improved performance.
For scalping and day trading purposes, the indicator tends to deliver the best results during the London and U.S. trading sessions.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “Golden Super k.ex4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The example chart below displays the Golden Super K MT4 indicator in action on the trading chart.
Trading Tips:
Utilize your own favorite trade entry, stop loss and take profit method to trade with the Golden Super K 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
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Trend signals
Repaint? No.
Golden Super K + Best Forex Scalping Indicator Scalping MT4 Strategy
Introduction
This MT4 scalping strategy combines the Golden Super K Forex Trend Indicator with the Best Forex Scalping Indicator.
The Golden Super K line indicates trend direction: blue for bullish and orange for bearish.
The Best Forex Scalping Indicator provides precise buy and sell signals through blue and red arrows, respectively.
Using both together creates a high-probability scalping setup aligned with market trends.
This strategy is best for 1-minute to 15-minute charts and is suitable for traders seeking fast scalping opportunities on major currency pairs like EURUSD, GBPUSD, USDJPY, and AUDUSD.
Why this combo works
The Golden Super K line shows the prevailing trend, helping you trade in the market’s direction.
The Best Forex Scalping Indicator gives exact entry points via arrows.
Waiting for both indicators to align reduces false signals and increases win probability.
Buy Entry Rules
- The Golden Super K line is blue, indicating a bullish trend.
- The Best Forex Scalping Indicator displays a blue arrow.
- Enter at the close of the candle, confirming the blue arrow.
- Stop loss: place below the recent swing low.
- Take profit: set according to a desired risk-to-reward ratio (e.g., 2:1).
Sell Entry Rules
- The Golden Super K line is orange, indicating a bearish trend.
- The Best Forex Scalping Indicator displays a red arrow.
- Enter at the close of the candle, confirming the red arrow.
- Stop loss: place above the recent swing high.
- Take profit: set according to a desired risk-to-reward ratio (e.g., 2:1).
Advantages
- Combines trend direction with precise entry signals.
- Suitable for scalping and short-term trading.
- Can be applied to various pairs and timeframes.
Drawbacks
- May produce false signals during low volatility or ranging markets.
- Requires constant chart monitoring due to the scalping nature.
- Less effective in trending markets without retracements.
- Requires fast execution and tight spreads for best results.
Example Case Study 1 — EURUSD, 5-Minute
Timeframe: 5M. Pair: EURUSD. Session: London open.
Golden Super K line turned blue, Best Forex Scalping Indicator displayed a blue arrow.
Entry: 1.1025. Stop loss: 1.1015 (10 pips). Take profit: 1.1045 (20 pips).
Trade achieved a 2:1 risk-to-reward ratio.
Example Case Study 2 — GBPUSD, 1-Minute
Timeframe: 1M. Pair: GBPUSD. Session: New York overlap.
Golden Super K line turned orange, Best Forex Scalping Indicator displayed a red arrow.
Entry: 1.2710. Stop loss: 1.2718 (8 pips). Take profit: 1.2692 (18 pips).
Trade closed at the target successfully.
Strategy Tips
- Trade during active market hours for better liquidity.
- Use additional confirmation tools or price action for enhanced accuracy.
- Backtest the strategy on different sessions and pairs to refine parameters.
- Maintain disciplined risk management and small lot sizes.
Download Now
Download the “Golden Super k.ex4” indicator for Metatrader 4
