Premium FX Scalper Indicator

Premium FX Scalper deservedly be called the best indicator for scalping. Every trader taker small goals, needs its own strategy. In each strategy, in addition to filters, requires the main indicator, giving a signal input. And perhaps this is such an indicator Premium FX Scalper will become the tool for you.

Characteristics of the indicator Premium FX Scalper

• Platform: Metatrader4
• Currency pairs: EURUSD, GBPUSD, GBPJPY, USDJPY
• Trading Time: European and American sessions beginning
• Timeframe: M1, M5

Description of settings

• PERIOD - the main parameter. Its increase slows down indicator, which leads to better signal quality and to reduce their quantity. Reducing the value fits more aggressive traders. Increasing the total number and the number of false alarms.
• SL_add_pips and TP_distance_pips - number of pips added to the stop-loss and take-profit, calculated indicator.
• EmailAlerts - to send notification of an alarm Email.
• CORNER - angle selection for the location of the informer (0 - upper left corner, 1 - top right, 2 - lower left, 3 - bottom right corner 4 - hides the widget).
• SHIFT - shift indicator horizontally. A positive value shifts to the right, negative to the left. 1 unit = Shift the width of one column.
• UseAlerts - enable/disable notification when an alarm. In the notification window displays information about the signal (the price of buying / selling, Stop Loss, Take Profit).

Rules of Entry and Exit

1.     Enter the market with a color change indicator. Color change from red to green - buy signal from green to red – sell signal. Additional condition - Trend Power value should not be less than 65%.

2.     Stop Loss and Take Profit taken from the alert. Also close the trade on the opposite signal.

3.     If the indicator draws the same columns for a long time, it is not necessary to enter. Also if there is a profit on the positionand the indicator Premium FX Scalper indicates the same 5 columns - exit.

4.     Values ​​of columns after the closing the candle is not changed. That is, the indicator is not redrawn.

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