The free no-lag ATR Forex Scalping indicator for MT4 (Metatrader 4) is a complete standalone scalper system that works out of the box.
The indicator appears in a separate MT4 chart window as a scalping oscillator without extreme borders that provides short-term trend direction.
The Non-Lag ATR scalping indicator can be used in various ways.
Buy & Sell Trade Example
- Buy the currency pair whenever the blue signal line crosses the white signal line bottom-up.
- Sell the currency pair whenever the red signal line crosses the white signal line top-down.
- Aim for 5-20 pips per trade.
For scalping purposes, the indicator tends to produce the best results during the London and U.S. trading sessions.
The Non-Lag ATR scalper indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “NonLag_ATR.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the no-Lag ATR mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the custom built Non-Lag ATR Forex Scalping 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
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Scalping
Does it repaint? No.
No Lag Bulls Power Forex Scalping Strategy
The No Lag Bulls Power MT4 Scalping Strategy combines the fast-reacting No Lag ATR Forex Scalping Indicator and the Bulls Power Oscillator to capture short bursts of momentum in trending markets.
It’s a precision scalping system that filters out market noise using the Bulls Power histogram while relying on the No Lag ATR crossover for pinpoint entries.
This setup works best on 1-minute (M1) and 5-minute (M5) charts for pairs with tight spreads like EURUSD, GBPUSD, and USDJPY.
It’s suited for traders who enjoy quick in-and-out trades during active sessions such as London and New York.
Buy Entry Rules
- Wait for the blue signal line on the No Lag ATR Indicator to cross the white signal line from bottom to top.
- Confirm that the Bulls Power Oscillator histogram is above the 0 level, indicating bullish momentum.
- Enter a buy trade immediately after the crossover and confirmation.
- Place a stop loss 5–10 pips below the most recent swing low.
- Take profit at 10–20 pips or exit when the lines cross in the opposite direction.
Sell Entry Rules
- Wait for the red signal line to cross the white signal line from top to bottom.
- Confirm that the Bulls Power histogram is below 0, signaling bearish momentum.
- Enter a sell trade right after both conditions align.
- Set a stop loss 5–10 pips above the recent swing high.
- Take profit at 10–20 pips or exit when a blue upward crossover occurs.
Advantages
- Fast crossover signals with low lag, ideal for scalpers.
- Bulls Power filter reduces false entries in ranging conditions.
- Works on multiple pairs and low time frames.
- Simple and clear visual setup, easy to read at a glance.
- Delivers frequent trading opportunities during volatile periods.
Drawbacks
- Whipsaws may occur in low-volume or choppy markets.
- Requires fast execution and low spreads for consistent profits.
- Short-term trades demand discipline and quick reactions.
- Not suitable for swing or long-term traders.
Example Case Study 1 – USDJPY M1 Chart
On the USDJPY M1 chart, the Bulls Power histogram rose above zero, showing a shift to bullish pressure.
Shortly after, the blue line of the No Lag ATR crossed above the white line at 149.20, confirming a buy entry.
The position was opened with a stop loss at 149.10 and a target at 149.40.
Within 10 minutes, the price hit the take profit level for 20 pips.
The quick reaction between both indicators captured a short yet profitable move.
Example Case Study 2 – EURUSD M5 Chart
During the New York session, the Bulls Power histogram dipped below zero on EURUSD.
A few moments later, the red ATR line crossed below the white line at 1.0830, signaling a sell setup.
A short position was opened with a stop loss at 1.0842 and a target at 1.0812.
The market dropped sharply, hitting the target for 18 pips in less than 20 minutes.
Both tools confirmed strong downward pressure, resulting in a clean, low-risk scalp.
Strategy Tips
- Trade only when the Bulls Power histogram confirms momentum in the direction of the crossover.
- Avoid trading when the histogram hovers around zero, as it signals weak momentum.
- Close trades quickly if the price stalls or reverses after entry.
- For additional safety, consider trailing your stop once the price moves 10 pips in your favor.
The No Lag Bulls Power MT4 Scalping Strategy provides rapid-fire entries with strong confirmation logic.
Combining the No Lag ATR Scalper for precise entry points and the Bulls Power Oscillator for strength filtering ensures trades align with real-time momentum for efficient scalping results.
