Super
Scalper indicator Mt 4 is a trend following indicator based on Non
Lag Ma indicator.
Chart
Setup:
Thi
indicator can be used on all time frame. Here a show you how it use a
the short time frame for scalping and day trading.
Time
Frame 1min, 5 min, 15 min.
Currency
pairs: EUR/USD, USD/JPY, GBP/USD, EUR/JPY, EUR/GBP, AUR/AUD,
EUR/NZD,, NZD/USD.Trading
sessions – European and US sessions;
Metatrader indicators
Super scalper indicator setting: Signal Period – 28, NR_SLOPE – 3, Filter Number – 3, Take_Profit – 150, Stop_Loss – 150, skip Single Bar Signal – false.
1 min time frame Super Scalper period 89.
Simple moving average 50 period, close.
Simple moving average 100 period, close.
Metatrader indicators
Super scalper indicator setting: Signal Period – 28, NR_SLOPE – 3, Filter Number – 3, Take_Profit – 150, Stop_Loss – 150, skip Single Bar Signal – false.
1 min time frame Super Scalper period 89.
Simple moving average 50 period, close.
Simple moving average 100 period, close.
Trading
Rules Super Scalper indicator
MT4
Buy
Conditions
for opening a long position with the Super Scalper MT4 Indicator
The Blue SMA 50 perid must cross the yellow SMA 100 from bottom to top.
Super Scalper indicator should change its color from yellow to blue. Once this happens, we open the buy position at the current price.
Set the initial stop-loss at 15 pips below the market entry point or at the previous swing low.Profit target 10-15 pips depends by currency pairs or when Super Scalper color changes from blue to yellow.
Sell
Conditions for opening a long position with the Super Scalper MT4 Indicator
The Blue SMA 50 perid must cross the yellow SMA 100 from top to bottom.Super Scalper indicator should change its color from blu to yellow. Once this happens, we open the buy position at the current price.Set the initial stop-loss at 15 pips above the market entry point or at the previous swing high.Profit target 10-15 pips depends by currency pairs or when Super Scalper color changes from yellow to blue.In the pictures Super Scalper indicator MT4.
The Blue SMA 50 perid must cross the yellow SMA 100 from bottom to top.
Super Scalper indicator should change its color from yellow to blue. Once this happens, we open the buy position at the current price.
Set the initial stop-loss at 15 pips below the market entry point or at the previous swing low.Profit target 10-15 pips depends by currency pairs or when Super Scalper color changes from blue to yellow.
Sell
Conditions for opening a long position with the Super Scalper MT4 Indicator
The Blue SMA 50 perid must cross the yellow SMA 100 from top to bottom.Super Scalper indicator should change its color from blu to yellow. Once this happens, we open the buy position at the current price.Set the initial stop-loss at 15 pips above the market entry point or at the previous swing high.Profit target 10-15 pips depends by currency pairs or when Super Scalper color changes from yellow to blue.In the pictures Super Scalper indicator MT4.
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