The Day Scalping System
- Indicateurs
- Anton Iudakov
- Version: 1.0
It takes into account volatility, price movement in the local interval and the direction of the current trend.
Recommended timeframe - M5.
Advantages:
- Low volatility when a signal appears ensures minimal movement against an open position.
- The indicator does not redraw its signals.
- There are alert signals.
- It is a great tool for day trading.
Settings:
Name | Description |
---|---|
Period | Indicator period |
Range of each bar in the period (pp.) | The maximum size of each candle in the indicator period. Indicated in points. If there are no signals for a long time at the default settings, it means that the market is highly volatile. It is recommended to increase this parameter after looking at the history. |
The width of the channel period (pp.) | The maximum channel size for the indicator period. Indicated in points. Here's a similar recommendation. |
Distance of the arrow from the entry point (pp.) | Distance to draw the arrow of the corresponding signal. Indicated in points. If 0, it will be drawn at the opening point of the candlestick. |
Alerts | Alert permission. |
Also see other products of this author:
https://www.mql5.com/ru/users/tonybeat/seller
Subscribe to my telegram channel, where we discuss intraday trading, ideas, indicators, etc., a link in my profile contacts.
Good indicator, thank you