The Volatility Quality Zero Line Scalper indicator for Metatrader 5 delivers high-frequency, non-repaint scalping signals that work for any time frame.
The indicator fits traders looking for 5-20 pips per transaction.
This scalping indicator is easy to trade and suits both beginners and seasoned traders alike.
Understanding this scalping tool:
- A green colored signal line represents a short-term uptrend.
- An orange colored signal line represents a short-term downtrend.
The following indicator inputs and parameters can be modified: price smoothing period, price smoothing method, filter of % ATR.
Typically, scalping indicators perform the best on the lower spread currency pairs (less spread costs).
Make yourself familiar with this technical indicator and test it first on a demo account for an extended period.
Download Indicator 🆓
Volatility quality zero line.mq5 Indicator (MT5)
Chart Example
The following chart shows how the Volatility Quality Zero Line Scalper Forex indicator looks when applied to the MT5 chart.
How To Buy And Sell Currency Pairs With The Volatility Quality Zero Line Scalper Indicator?
Find a simple trading example below:
Buy Signal
- A buy signal is given as soon as the green colored Volatility Quality scalper line pops up on the chart.
- Open a buy trade and place your stop loss a few pips below immediate support.
- Close the buy trade for 5-20 pips profit.
Sell Signal
- A sell signal is given as soon as the orange colored Volatility Quality scalper line pops up on the chart.
- Open a sell trade and place your stop loss a few pips above immediate resistance.
- Close the sell trade for 5-20 pips profit.
Download Now 🆓
Volatility quality zero line.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the Volatility quality zero line.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration