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R Chimp Scalper

The R Chimp Scalper is a great trading tool for both forex scalpers and intraday traders.

The signals from this scalper indicator are very clear and easy to read.

It paints green and red bars above and below the zero level in a separate trading window:

  • Green bars are aligned above the zero level suggest the scalpers trend is bullish
  • Red bars are aligned below the zero level suggest the scalpers trend is bearish

Indicator readings above the zero level suggest the scalp trend is bullish and traders look to buy the currency pair.

Indicator readings below the zero level suggest the scalp trend is bearish and traders look to sell the currency pair.

For best practices

use this scalping oscillator together with a trend following indicator and trade in the direction of the underlying trend.

Basic Trading Signals

Signals from the R Chimp Scalper indicator are easy to interpret and goes as follows:

Buy Signal: Open buy scalp trade when the indicator crosses back above the zero level from below (trading the green bars).

Sell Signal: Open sell scalp trade when the indicator crosses back below the zero level from above (trading the red bars).

Trade Exit: Use your own method of trade exit.

Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (Weight DM, Weight DI, Weight DX, Weight Out) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes

Type: Oscillator


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3.67 (3)
Indicators
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4.44 (16)
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Golden Trend Indicator
Noha Mohamed Fathy Younes Badr
Indicators
Golden Trend indicator  is The best indicator for predicting trend movement this indicator never lags and never repaints and never back paints    and give  arrow buy and sell    before the candle appear  and it will help you and  will make your trading decisions clearer its work on all currencies and  gold and crypto and all time frame This unique  indicator uses very secret algorithms to catch the  trends, so you can trade using this indicator and see the trend clear on charts  manual guide and
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Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
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