An indicator design to specialize in profiting off small price changes. Good for Scalpers that aim to generate profit returns of 5%-10% a month.
MT4 Scalper Auto Indicator
Scalper Auto Indicator allows you to trade binary options in MT4 platform. An indicator will specify a thick dot above or below a candle. Wait until the candle closes! If the dot remains on the previous candle and the arrow appears on the new one, you can enter the trade immediately. Arrows are not re-painted and appear only when a new candle appears.
- Any 24-hours Trade Session
- All currency pairs
- Any Timeframe (recommended is 5-minutes)
- 5-15 minutes expiration time
The indicator also features a tester. This functionality is extremely useful because based on data and statistics collected on the trades, it will allow you to analyze the indicator performance if it fits your trading strategy.
If an indicator arrow predicts the market direction correctly, such indicator is considered profitable and marked as “Win” in the tester. Otherwise, the indicator is considered to be losing and marked as “Loss”. If after the expiration, the option’s close and open prices are equal, such indicator considered as a draw and marked as “Tied”. The built-in tester shows the win rate and the number of profitable, losing, and tied indicators based on the market data of the test period.
Technical indicators used:
- Bollinger Bands
- RSI (Relative Strength Index)
- CCI (Commodity Channel Index)
- Awesome Oscillator
- Stochastic Oscillator
- WPR (Williams Percent Range)
- Moving Average
- MACD (Moving Average, Convergence, Divergence)
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