Free
Scalping Indicator is
designed for scalping on major currency pairs. According to the developers, the
indicator is not repaint, and its profitability is 60-80%. Free Scalping
Indicator recommended for use on the timeframes M1 - M15.
Characteristics
of Free Scalping Indicator
- Platform: Metatrader4
- Currency pairs: Major
currency pairs
- Trading Time: Around the clock
- Timeframe: M1 - M15
Rules of
trade by Free Scalping Indicator
BUY
signal for the
considered crossing the zero line histogram indicator of bottom-up and change
its color from red to yellow.
SELL
signal for the
considered crossing the zero line histogram from the top down and change the
color histogram from yellow to red:
Stop Loss developers recommend installing
at a distance of five points from the previous candle.
Exit is performed when an opposite
signal or when reaching resistance and support levels.
It is not
recommended to use Free Scalping Indicator during important macroeconomic
releases.
In my
opinion, Free Scalping Indicator signals require additional filtering, which
will increase its effectiveness.
free_scalping .rar
