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Scalping monster is a ready-made trading system in the form of an indicator. Scalping monster is developed for the Metatrader 4 platform. When placed on a forex chart, the indicator automatically analyzes the market using an adaptive algorithm and displays signals in the form of red and blue dots to the trader. The indicator also shows information about potential profit/loss in the upper right corner.

  • when a blue dot appears on the chart, we open a buy order. We close the order when the red dot appears.
  • when a red dot appears on the chart, we open a sell order. We close the order when the blue dot appears.

  • do not open an order before the release of important news.
  • open the order immediately after the dot appears. You do not need to open an order in the middle of the cycle.

  • it works on all currency pairs.
  • does not redraw its signals.
  • shows the trader the points for opening and closing orders.
  • it is a ready-made trading system.
  • sends push and email notifications.

Open the indicator settings and find the “spread” parameter. Specify the value of the current spread for this currency pair where you want to test it. Next, add the indicator to the chart of the currency pair and look at the profit/loss forecast in the upper right corner. If the indicator predicts more than 1000 points of profit, you can start trading. Thus, placing the indicator on the charts of different currency pairs and timeframes, look for those where the indicator will predict profit.

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  • spread – your broker’s spread for the current currency pair.¬†
  • period – the period of the indicator.
  • averaging_period – the average period of the indicator.
  • shift – shift of the start point of the calculation, relative to the price.
  • bars – the number of bars on which the indicator will work.
  • thickness_of_thick_line – the thickness of the thick line of the indicator.
  • thin_line_thickness – the thickness of the thin line of the indicator.
  • Signal-sending push and email notifications about signals.

Friends, after buying or renting this indicator, write to us in a personal message and we will give you another one of our indicators for free, which costs$147 in the Market

Our Useful Features & Services

Published

22 March 2019

Updated

29 October 2019

Current Version

14.0

Reviews

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Davis Hernandez February 12, 2021 5:50 am
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Excellent support staff, speedy and useful!\n\n In regards to the indication, it works, this makes much easier to establish the best time to set up a acquire or market, I’m working with it as my major indicator additionally other solutions to twice validate.\n\n Its easy to understand as well as to use and the fact that creator is modernizing it as a user reviews bugs or enhances its a in addition!

sebastian.ntf February 12, 2021 5:50 am
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Very good moves on 15-30 minute graph or chart, so far a good merchandise got some good outcomes with it, obviously you have to include tendency filtering.

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