The “Free Scalping Indicator” is a complete SCALPING tool designed primarily to trade the FOREX markets successfully and consistently. The main principle of the indicator is price action. The hit rate of the indicator is about 75% in most currencies.
How to use the signals
- Identify a current trend. (Remember? Trend is your
friend?)
- Ignore all signals against a current trend!
Example:
Trend is up – but you get a “sell” signal ( ignore it!)
Wait for a “buy” signal to enter. This is the most important
rule #1, if you follow it – you will have no losing trades at all.
- The most important rule #2: do not trade and do not use the indicator on a side trend. This is “MUST follow” rule#2.
If you DON’T follow or ignore the rules above – good results are not guaranteed!
Entering Trades:
The Free Scalping Indicator generates trades it changes colors.
To use the Free Scalping Indicator © to generate signals:
Long trades occur when the Free Scalping Indicator © changes color from Red to Yellow. (ZERO line crosses)
Short trades occur when the Free Scalping Indicator © changes color from Yellow to Red. (ZERO line crosses)
Download include:
- Manual user PDF File
- freescalpingindicator.ex4
Download
How to download: click here
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