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A trend momentum trading technique based on smoothed Heiken Ashi by a trend power momentum indicator is called Precision Trend Scalping Indicator. Scalpers will benefit most from this setup.
The system also includes a direction indication that updates the Viper binary calculations. Although this trading technique is effective across all time periods, we advise using the London and New York sessions for day trading and scalping. Low time frames are also advised for this form of trading.
This Forex Scalping Indicator can provide trading signals that you can use as-is or further filter with further chart research, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
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You can instruct the MT4 Scalping Indicator to notify you of a signal via platform pop-ups or mobile notifications. This is advantageous since it allows you to monitor numerous charts at once and eliminates the need to spend the entire day staring at the charts in anticipation of signals.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded with the Precision Trend Scalping Indicator. Additionally, you may use it on any time frame that works best for you, from 1-minute charts to 4-hour charts.
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 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
Trading guidelines for Precision Trend Scalping Indicators
It performs admirably for scalping on the M5 or M15 timeframes. But if you like, you may also apply this to the charts for one hour. We also advise experimenting with new approaches and changing (adding or deleting) indicators to suit your needs.
Buy
- Viper binary arrow in green.
- Blue colored candles with stochastic patterns.
- Trend Power bars in either Black or (optional) Grey for aggressive trading.
- Scalper MA color in blue.
Sell
- Viper binary arrow Red in hue.
- Red colored stochastic candles.
- Trend Power Bars in Red or (optionally) Brown Aggressive Trading.
- Red Scalper MA color.
Stoploss and TakeProfit
on support and resistance levels or at predetermined pip goals of your choosing. You have two options for setting your take profit level: either set a predetermined risk-to-reward ratio or just trail your stop loss a few pip below the blue dots on the chart. This is entirely arbitrary and is determined by the state of the markets.
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