SuperScalper MT4 Indicator: Most Profitable Scalping Strategy
Description: The SuperScalper is a highly profitable scalping strategy popular among traders. With a bit of practice, traders can leverage the benefits of this system and even build their own profitable strategies by incorporating elements like a trailing stop from 1 pip or additional indicators to better define entry points..
Characteristics of SuperScalper Indicator:
Type of strategy: Scalping
Platform: Metatrader4
Currency pairs: Any (recommended EURUSD, GBPUSD)
Trading Time: European session
Timeframe: M1
Indicators Used in the Strategy:
50 simple moving average;
100 simple moving average;
SuperScalper Indicator (28, 3,3.0,3)
Fisher Indicator - period 200
Trading Rules:
Opening a Long Position:
Moving Average Crossover:
The blue 50 SMA line must cross the red 100 SMA line from bottom to top, indicating an upward price movement.
Fisher Indicator Confirmation:
The Fisher Indicator must be green, confirming the upward trend.
SuperScalper Indicator Confirmation:
The SuperScalper05 indicator must change from yellow to blue, signaling the start of an upward movement.
Entry:
Enter a buy position when all the above conditions are met.
Exiting a Long Position:
Take Profit: Recommended at 10 points. Alternatively, use a trailing stop from 1 to 5 points.
Indicator Change: Close the trade if the SuperScalper05 indicator changes from blue to yellow or if the SMA lines cross in the opposite direction.
Stop Loss: Set at a distance of 15 points from the entry.
Opening a Short Position:
Moving Average Crossover:
The blue 50 SMA line must cross the red 100 SMA line from top to bottom, indicating a downward price movement.
Fisher Indicator Confirmation:
The Fisher Indicator must be red, confirming the downward trend.
SuperScalper Indicator Confirmation:
The SuperScalper05 indicator must change from blue to yellow, signaling the start of a downward movement.
Entry:
Enter a sell position when all the above conditions are met.
Exiting a Short Position:
Take Profit: Recommended at 10 points. Alternatively, use a trailing stop from 1 to 5 points.
Indicator Change: Close the trade if the SuperScalper05 indicator changes from yellow to blue or if the SMA lines cross in the opposite direction.
Stop Loss: Set at a distance of 15 points from the entry.
Important Rule:
Do not enter trades when the price is between the two moving averages (50 SMA and 100 SMA), as this indicates no clear trend movement.
By following these rules, traders can effectively use the SuperScalper strategy to capitalize on small price movements in the highly volatile forex market.
You may buy this awesome SuperScalper Indicator just only for 12.75$.
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.