About the MACD Crossover Scalper Indicator
The MACD Crossover Scalper Indicator for MT4 is designed for traders who focus on short-term price movements and active market sessions.
It is based on the classic MACD crossover logic, enhanced with automatic buy and sell arrows directly on the chart.
When momentum shifts and the MACD lines cross, the indicator highlights potential entry points without the need for manual interpretation.
This indicator is mainly used for scalping major and minor currency pairs during the London and New York trading sessions, when volatility and liquidity are at their highest.
By focusing on momentum changes rather than lagging confirmations, the MACD Crossover Scalper helps traders react faster to intraday opportunities while keeping decision-making straightforward.
Free Download
Download the “Macd crossover alert.ex4” indicator for MT4
Key Features
- Automatic buy and sell arrows based on MACD crossovers
- Optimized for short-term scalping strategies
- Works well on lower timeframes such as M5 and M15
- Effective during the London and New York sessions
Indicator Chart
The chart below shows the MACD Crossover Scalper Indicator applied to a live price chart.
Yellow arrows mark buy opportunities, while red arrows indicate sell signals.
The signals appear when momentum shifts, helping traders align entries with short-term trend direction.
Guide to Trade with MACD Crossover Scalper Indicator
Buy Rules
- Wait for a yellow arrow to appear on the chart
- Enter a buy trade at the opening of the next candle
Sell Rules
- Wait for a red arrow to appear on the chart
- Enter a sell trade at the opening of the next candle
Stop Loss
- Place a stop loss beyond the candle that triggered the arrow signal
- For buy trades, set the stop loss below the signal candle low
- For sell trades, set the stop loss above the signal candle high
Take Profit
- Target 5–15 pips depending on market volatility
- Close the trade when an opposite arrow appears
Practical Tips
- Use the indicator on major pairs like EUR/USD and GBP/USD
- Combine with basic support and resistance for better timing
- Stick to one or two sessions to maintain focus
MACD Crossover Scalper + Supertrend NRP MT4 Forex Strategy
The MACD Crossover Scalper + Supertrend NRP MT4 strategy is a powerful short-term trading system designed for traders who prefer fast-paced action on the M1 and M5 timeframes.
This setup combines two proven tools: the MACD Crossover Scalper Indicator and the Supertrend NRP Indicator.
Together, they help identify precise entries with strong momentum confirmation while filtering out false signals common in low timeframes.
The MACD Crossover Scalper generates yellow arrows for buy opportunities and red arrows for sell signals, making it visually easy to spot reversals.
The Supertrend NRP, on the other hand, draws a green line to indicate a bullish trend and an orange line to signal a bearish trend.
When both indicators align, the probability of success increases significantly.
This strategy works well for scalpers and intraday traders who prefer quick 5–20 pip trades with high accuracy and low drawdown.
Buy Entry Rules
- Open a buy trade when the MACD Crossover Scalper prints a yellow arrow on the chart.
- Confirm that the Supertrend NRP line is green, showing an active bullish trend.
- Enter the position at the close of the signal candle or on a minor pullback within two candles.
- Place the stop loss 6–8 pips below the most recent swing low or just under the Supertrend line.
- Set a take profit target of 10–20 pips or close when a red arrow appears, whichever comes first.
Sell Entry Rules
- Open a sell trade when the MACD Crossover Scalper prints a red arrow on the chart.
- Confirm that the Supertrend NRP line is orange, confirming a bearish market phase.
- Enter the trade at the close of the signal candle or after a minor pullback.
- Place the stop loss 6–8 pips above the nearest swing high or just above the Supertrend line.
- Set a take profit target of 10–20 pips or exit when a yellow arrow appears in the opposite direction.
Advantages
- Simple visual signals suitable for both new and experienced traders.
- Combines momentum and trend confirmation to reduce false entries.
- Works well on volatile currency pairs like EURUSD, GBPUSD, and XAUUSD.
- Adaptable to different sessions, especially the London and New York openings.
- Clear exit rules make risk management straightforward.
Drawbacks
- Requires low spreads and fast execution to be effective on M1 charts.
- Less reliable during major economic news releases.
- Needs regular monitoring since trades often last only a few minutes.
Case Study 1: EURUSD M1 Chart
During the London open, the Supertrend NRP turned green, confirming a bullish bias.
A few minutes later, the MACD Crossover Scalper displayed a yellow arrow at 1.0760.
A buy trade was opened with a stop loss at 1.0752 and a take profit at 1.0780.
Within 20 minutes, the price reached the target, resulting in a +20 pip gain.
The alignment between both indicators provided a fast, low-risk trade during high liquidity hours.
Case Study 2: GBPUSD M5 Chart
In the New York session, the Supertrend NRP changed to orange, confirming a bearish phase.
Soon after, the MACD Crossover Scalper plotted a red arrow at 1.2635.
A sell order was executed with a stop loss at 1.2643 and a take profit at 1.2613.
The move was completed within 40 minutes, yielding +22 pips.
This case showed how combining the two indicators filters false reversals and maintains a clear directional bias.
Strategy Tips
- Focus on high-volume trading sessions like London or New York for cleaner setups.
- Avoid trading just before major news events to prevent false spikes.
- Use a fixed spread or ECN account for better trade execution on the M1 timeframe.
- Combine this setup with trailing stop management to secure partial profits as soon as the trade moves in your favor.
- Backtest the strategy on at least 100 trades before applying it live for consistent performance validation.
Download Now
Download the “Macd crossover alert.ex4” indicator for Metatrader 4
FAQ
What makes this MACD scalper different from a standard MACD?
Instead of requiring manual interpretation of MACD lines and histograms, this indicator converts crossovers into direct arrow signals.
This saves time and reduces hesitation during fast-moving scalping conditions.
Which market conditions suit this indicator best?
The indicator performs best in active, liquid markets with steady intraday movement.
Ranging markets with low volume may produce fewer reliable signals, so session timing is important.
How often does the indicator generate signals?
Signal frequency depends on volatility and timeframe.
On M5 charts during London or New York sessions, traders can expect multiple setups per session without excessive overtrading.
Can the indicator be used for longer trades?
While it is built for scalping, some traders apply it on higher timeframes for short-term intraday trades.
In those cases, wider stop loss and take profit levels are recommended.
Summary
MACD Crossover Scalper is a free MT4 Forex indicator that focuses on momentum-based buy and sell opportunities.
By translating MACD crossovers into clear arrow signals, it allows traders to react quickly without complex analysis.
The indicator is well suited for scalping major currency pairs during the London and New York sessions, where price movement is more consistent.
As a typical buy and sell technical indicator, the MACD Crossover Scalper works best when combined with good session timing, disciplined risk management, and realistic profit targets.
