The Wajdyss T3 Forex indicator for MT4 is an excellent buy & sell trading tool with alerts for scalpers and day traders.
It delivers promising results when used for scalping the major currency pairs during the London and New York Forex sessions.
The indicator is very reliable, non-repaint, and will not slow down your trading platform.
Key Points
- Scalping indicator
- Non-repaint buy/sell arrows
- Beginner friendly
- Well worth adding to your indicator collection
This indicator can work together with any existing trading strategy or system as a short-term signals confirmation tool.
Free Download
Download the “wajdyss_T3_indicator_v3.mq4” MT4 indicator
Indicator Example Chart
The EUR/USD 1-minute chart below shows the Wajdyss T3 scalper indicator in action.
Basic Trading Signals From Wajdyss T3
Signals from the Wajdyss T3 scalper indicator for Metatrader 4 are easy to interpret and go as follows:
BUY:
- A buy signal is given when the Wajdyss T3 scalper green arrow gets printed on the chart.
- Place a stop loss below support.
- Exit the buy trade for a predetermined profit target or wait for a sell signal.
SELL:
- A sell signal is given when the Wajdyss T3 scalper red arrow gets printed on the chart.
- Place a stop loss above short-term resistance.
- Exit the sell trade for a predetermined profit target or wait for a buy signal.
Download Now
Download the “wajdyss_T3_indicator_v3.mq4” MT4 indicator
MT4 Scalping Strategy: Wajdyss T3 Scalper + Supertrend MTF
This powerful scalping strategy combines the precision of the Wajdyss T3 Scalper Indicator with the trend-confirmation strength of the Supertrend MTF Forex Signal Indicator.
It’s designed for short-term intraday traders who want fast entries with solid trend alignment.
Best Timeframes
This strategy works best on the M1, M5, and M15 timeframes.
Higher timeframes (like M30 or H1) can also be used for conservative entries, but it is optimized for fast-paced scalping.
Recommended Pairs
Use this strategy on major Forex pairs such as EUR/USD, GBP/USD, and USD/JPY due to their liquidity and tighter spreads.
Indicator Setup
- Wajdyss T3 Scalper: Use default settings for entry signals.
- Supertrend MTF Indicator: Set the higher timeframe to H1 or H4 to filter the current trend direction.
Buy Trade Rules
- The Supertrend MTF indicator must show a bullish trend on the higher timeframe (e.g., H1 or H4).
- Wait for the Wajdyss T3 Scalper to print a buy signal (usually a colored arrow or line depending on your settings).
- Enter the trade as soon as the signal appears, ideally during a pullback.
- Set your stop loss just below the recent swing low.
- Target 5 to 15 pips, depending on market volatility and spread.
Sell Trade Rules
- The Supertrend MTF indicator must show a bearish trend on the higher timeframe (e.g., H1 or H4).
- Wait for the Wajdyss T3 Scalper to print a sell signal.
- Enter the trade immediately on the signal candle or at a minor retracement.
- Set your stop loss above the recent swing high.
- Target 5 to 15 pips, depending on market volatility and spread.
Tips for Success
- Trade only during high liquidity sessions (London and New York).
- Always wait for both indicators to align before entering a trade.
- Avoid trading around major news events.
- Use a demo account to test the strategy before trading live.
Adjustable Indicator Parameters & Settings
MA period, b, alerts
More Info About This Tool
Currency Pairs: works on any currency pair
Trading Platform: developed for Metatrader 4 (MT4)
Time Frames: any
Indicator Type: scalping
Final Thoughts
The Wajdyss T3 Scalper Indicator for MetaTrader 4 is a reliable tool designed for scalpers and day traders seeking quick and accurate buy/sell signals.
Utilizing a smoothed T3 moving average, it provides clear, non-repainting arrows that assist in identifying short-term trading opportunities.
This indicator is particularly effective during high-liquidity sessions, such as the London and New York trading hours, and is suitable for major currency pairs like EUR/USD and GBP/USD.
For enhanced performance, consider combining the Wajdyss T3 Scalper Indicator with the Supertrend MTF Indicator to confirm trend direction and improve signal accuracy.
