Kuskus Stop is a free mt4 (Metatrader 4) indicator that connects the high and low swing points in any currency chart and reveals the overall trend.
The indicator appears in the main MT4 chart window as a red thick line.
The indicator can be useful in numerous ways.
Key Takeaways:
- A rising Kuskus Stop red line indicates an uptrending market.
- A falling Kuskus Stop red line indicates a down-trending market.
- The high and low swing points act as resistance and support.
- Buy a break above the previous swing high point.
- Sell a break below the previous swing low point.
The Kuskus Stop indicator can be used for both trade entry and exit or mixed together with your own favorite trading strategy for improved performance.
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 “KUskUs_stop.ex4” indicator for MT4
Indicator Chart (EUR/USD Daily)
The picture below shows the Kuskus Stop 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 Kuskus Stop Forex 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-following
Repaint? No.
Kuskus Stop + Scalper Signal Indicator MT4 Scalping Strategy
This scalping strategy combines the Kuskus Stop Indicator for MT4 and the Scalper Signal Indicator.
The Kuskus Stop connects the high and low swing points on the chart, providing clear guidance on the overall trend direction.
The Scalper Signal gives fast, visual entry cues with green arrows for buy trades and red arrows for sell trades.
By combining trend confirmation with precise entries, this setup is ideal for short-term scalping on liquid currency pairs.
This strategy works best on M1, M5, and M15 charts during active trading sessions such as London and New York.
It helps traders capture quick price movements while staying aligned with the main trend.
Buy Entry Rules
- Confirm that the Kuskus Stop shows an overall bullish trend (swing connections are sloping upwards).
- Wait for a green arrow from the Scalper Signal Indicator.
- Enter a buy trade at the close of the candle with the green arrow.
- Place the stop loss below the most recent swing low or a nearby support level.
- Set the take profit between 8–15 pips, or trail the stop by 5–10 pips to lock in profits quickly.
Sell Entry Rules
- Confirm that the Kuskus Stop indicates a bearish trend (swing connections sloping downwards).
- Wait for a red arrow from the Scalper Signal to appear.
- Enter a sell trade at the close of the candle with the red arrow.
- Set the stop loss above the most recent swing high or nearby resistance.
- Take profit between 8–15 pips, or trail the stop by 5–10 pips to capture quick gains.
Advantages
- Combines clear trend direction with precise entry signals for high-probability trades.
- Fast and visual system, perfect for active scalpers.
- Works on multiple currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
- Helps traders avoid countertrend entries by filtering signals through trend confirmation.
- Short holding periods reduce exposure to sudden market reversals.
Drawbacks
- Scalping requires constant monitoring, especially during volatile sessions.
- False arrows may occur during sideways or low-volatility markets.
- Small pip targets may be affected by spread or slippage.
- Not suitable for swing traders who prefer longer holding periods.
- Performance depends on quick execution and low spreads.
Case Study 1: EUR/JPY on M5
During the London session, the Kuskus Stop indicated a bullish trend on EUR/JPY.
A green arrow appeared from the Scalper Signal at 157.50.
A buy order was placed at 157.52 with a 10-pip stop loss and a 15-pip take profit.
The price quickly moved to 157.67 within 12 minutes, reaching the target.
Case Study 2: GBP/USD on M1
On GBP/USD M1, the Kuskus Stop showed a bearish trend.
A red arrow appeared at 1.2838.
A sell trade was entered at 1.2837 with a 7-pip stop loss and 12-pip take profit.
The pair dropped to 1.2825 in less than 10 minutes, hitting the target efficiently.
Strategy Tips
- Focus on high-liquidity pairs for consistent movement.
- Trade during the London and New York sessions to take advantage of volatility.
- For safer trades, only take arrows that appear in the direction of the Kuskus Stop trend.
- Consider using a small trailing stop to lock in profits when the price moves favorably.
- Test the strategy on demo accounts first to fine-tune stop loss and take profit levels per pair.
