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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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Bernhard Schweigert
4.91 (295)
Indicators
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 this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Indicators
Currently 20% OFF ! This dashboard is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:   Advanced Supply Demand ). The dashboard gives a great overview. It shows: Filtered Supply and Demand values including zone strength rating, Pips distances to/and within zones, It highlights nested zones, It gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your personal
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Alexandr Lapin
5 (5)
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Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
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