The indicator gives accurate signals for scalping on the 5 minute, 15 minute and 1 hour time frames. To improve the accuracy of the indicator approach, which we call the "double whammy".
Evidence 1: the indicator analyzes the main trend to make sure that you always trade with the trend.
Confirm 2: a complex algorithm indicator identifies when a market is overbought or oversold.
- Switch to a higher timeframe (e.g., 4 hours), and use the Scientific Scalper indicator to determine the trend.
- Switch to a 15 minute timeframe and use the indicator to determine the current trend on this timeframe.
- Trade only in London session or US session. In the Asian session, do not trade.
- Stop loss and TP:
set stop-loss at 1.5 x ATR value from our entry price. A goal and put in two times more than our stop loss.
For example, if the ATR value for the 15-minute period is 10 PP, then we set our stop loss at 15 PM from the entry price. And TR will be 2 x 15 = 30 PP.
In addition, the indicator generates an audible, visual, and pop-up alerts, generated when a valid signal to buy or sell ...
Works on any instrumentah: FX pairs, Gold, Silver, Indices, Futures, Stocks...
Never does not repaint!