A signal 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 Signal
Scalper Auto Signal allows you to trade binary options in MT4 platform. A signal 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 signal also features a tester. You can backtest the signal. This functionality is extremely useful because based on data and statistics collected on the trades, it will allow you to analyze the signal performance if it fits your trading strategy.
If a signal arrow predicts the market direction correctly, such a signal is considered profitable and marked as “Win” in the tester. Otherwise, the signal is considered to be losing and marked as “Loss”. If after the expiration, the option’s close and open prices are equal, such a signal is considered as a draw and marked as “Tied”. The built-in tester shows the win rate and the number of profitable, losing, and tied signals based on the market data of the test period.
Technical indicators used by MT4 Scalper Auto-Signal:
- 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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