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Abiroid EMA Scalper Arrow

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Free scanner available here:

Please leave me your honest review. I would love to know what you think 🙂

Free scanner available here:

Please leave me your honest review. I would love to know what you think 🙂

Detailed description and Extra Indicators:

  • 1: MA Crossover Up/Down Arrow (Mandatory Check)
  • 2: If NRTR Check On (Optional):
    • For BUY: Check if NRTR blue and For SELL: NRTR Red
    • If NRTR Shadow Distance On (Optional):
      • Check price for ‘x’ bars back: at Shadow distance (ATR Multiplier distance) from NRTR line.
  • 3: If High Volume bar On:
    • Check if High Volume or if Medium (if on) Volume bar ‘x’ bars back
  • 4: If HTF Trend Align On (Optional):
    • Check if Higher Timeframe MA up/down trend direction also aligned with current timeframe direction
  • 5: If TMA Slope On (Optional):
    • Check if slope > Threshold for BUY
    • Or slope < -Threshold for SELL
  • For BUY: Check if NRTR blue and For SELL: NRTR Red
  • If NRTR Shadow Distance On (Optional):
    • Check price for ‘x’ bars back: at Shadow distance (ATR Multiplier distance) from NRTR line.
  • Check price for ‘x’ bars back: at Shadow distance (ATR Multiplier distance) from NRTR line.

[spoiler title=”Read More…”]

  • Check if High Volume or if Medium (if on) Volume bar ‘x’ bars back
  • Check if Higher Timeframe MA up/down trend direction also aligned with current timeframe direction
  • Check if slope > Threshold for BUY
  • Or slope < -Threshold for SELL

Works best for M15 .

Scalping strategy works best with NRTR Shadow check true.

For Binary Options, always use Volume Check true.

 

On M1 be careful with Binary options.

Not very suitable for longer-term trading. This indicator is good for scalping. Even on higher timeframes.

If signal bar is very long, even if it is high volume bar, be careful as there might be retracement.

And don’t trade when market is too slow and has very less volatility.

[/spoiler]

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