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R Scalper Arrows

The R Scalper Arrows indicator delivers easy to read buy and sell signal arrows for any forex pair.

It works good for short-term trend predictions:

  • Up arrows suggest the pair is short-term trending up.
  • Down arrows suggest the pair is short-term trending down.

For long trades, place your stop-loss below the dots.

For short trades, place your stop-loss above the dots.

Tip

You can use this indicator together with a longer term period trend-following forex indicator such as a simple moving average or exponential moving average.

Only trade in the direction of the trend as indicated by the trend-following indicator.

Basic Trading Signals

The signals from the R Scalper Arrows indicator are easy to interpret and goes as follows:

Buy Trade: Open buy trade when a purple UP arrow appears on your chart.

Sell Trade: Open sell trade when a purple DOWN arrow appears on your chart.

Trade exit: Exit the trade at an opposite signal or use your own method of trade exit.

Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Short-term trend prediction

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CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
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