Super scalper Forex Indicator
The Forex Super scalper Indicator is a non-repainting system (arrows) that gives easy-to-use buy/sell signals. This setup is suitable for scalpers and binary traders. It uses trend lines, support and resistance, and other complex strategies.
The Forex Super scalper Indicator uses the TMA bands, these blue and red bands. This is the most important part of this system. It displays both the top and bottom channels in the main chart window. The price reaches the upper channel, which means that the market is entering an overbought state. On the other hand, a price in the lower band indicates an oversold market condition.
For scalping, it works great on M1 or M5 timeframes. But you can use it on anyone. When used for binary options, a 1-minute chart for a 15-minute expiration or a 5 -minute chart for a 30-minute expiration is desirable.
The indicator system can give you trading signals, which you can use as-is, or add additional chart analysis to further filter the signals, which is recommended. While this system can be used by traders of any experience level, it can be beneficial to practice trading on an MT4 demo account until you are consistent and confident enough to get started.
Forex Super scalper Indicator Action
The current price is most likely moving inside the red-blue bands. when the price approaches the edge of the upper or lower band, you need to keep a close eye on a trading opportunity.
For scalping, it works great on M1 or M5 timeframes. But you can use it on anyone. We also recommend keeping an eye on support and resistance when entering trades.
Buy signal or call
The price has broken the lower border of the channel
a green arrow pointing up
Sell signal or put
The price has broken the upper border of the channel
There was a red arrow pointing down
If the indicator is used for binary options
1-minute chart for 15-minute expiration.
5-minute chart for 30-minute expiration.
Super scalper Forex Indicator download link