ForScalping. Forex indicator for MT4
The indicator is not redrawn and does not lag, it can be used both as a primary and additional tool in various scalping strategies.
One of the applications:
- On a blue cloud we buy, on red we sell,
- SL for the nearest extremum,
- When moving to profit by the amount of half of SL - half the position is closed, the remaining half trawl along the TrailingLine (blue).
On the moving average we are oriented towards the trend.
Although you can work on kickbacks.
Settings:
- Parametr1 and Parametr2 - the sensitivity of lines bounding clouds;
- TrailingLine - the sensitivity of the trailing line.