Premium FX Scalper Indicator (MT4)

Premium FX Scalper is a free mt4 (Metatrader 4) signals indicator that works great for both scalpers and day traders.

The actual signal appears in a separate MT4 chart window as colored buy & sell histogram bars.

The indicator also displays: trend power, trend direction, candle close and current time.

Open a buy position as soon as the first green histogram bar appears on the chart.
Open a sell position as soon as the first red histogram bar appears on the chart.
Close and reverse the trade whenever an opposite signal arrives on the chart.

The Premium FX Scalper indicator can be used for both trade entry and exit or as an additional short-term trend filter.

For scalping, the indicator performs best during the London and New York trading sessions.

The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.

Free Download

The picture below shows the Premium FX Scalper mt4 indicator in action on the trading chart.

Trading Tips:

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: Scalper

Does the indicator repaint? No.