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Mr Pip Scalping Indicator

Mr Pip Scalping Indicator

is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset with few major tweaks. This is NOT RSI.

Features V2:

Added Supply/Demand Filter


  • You can select which zone to see on the chart ( Important Resistance/Support; Verified Resistance/Support; etc).
  •  You get alerts when prices is entering on a specific supply/demand zone.

How to use?

When the signal comes, you will prepare.

At the end of the current candle you enter into the trade.

Can I take all the signals?

No, you must follow some simple rules.

What are the rules?

  • Alert comes in and the current candle is rejected at strong supply/demand.
  • How to find the strong supply/demand zones?

  • I recommend use of H4 zones.

    Look for a strong rally. Then without warning, the price suddenly reverses and drops FAST.
  • You enter at the opening of the next candle.
  • DO NOT trade during news.


How to take only profitable signals?

  • Use H1 or higher TFs. Greater the TF, higher the probability that the price will stop at that point.
  • After you got a supply/demand wait for a signal to appear around that zone. If that candle is a rejection of the zone it's a good trade.


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Mr Pip Trend indicator combines powerful price action analysis and sophisticated algorithmic data analysis to provide traders with high-accuracy chart analysis and support the decision-making process. You can use Mr Pip Trend Indicator to trade all the markets (all Forex pairs, all CFDs and Cryptocurrencies) on all timeframes!   Mr Pip Trend Indicator provides chart analysis that is effective at detecting new trends but finds the exact sweet-spot between early and late entries. What is different
Reversals typically refer to large price changes, where the trend changes direction. Small counter-moves against the trend are called pullbacks or consolidations.When it starts to occur, a reversal isn't distinguishable from a pullback. A reversal keeps going and forms a new trend, while a pullback ends and then the price starts moving back in the trending direction. Difference Between a Reversal and a Pullback A reversal is a trend change in the price of an asset. A pullback is a counter-move w
Price action is among the most popular trading concepts. A trader who knows how to use price action the right way can often improve his performance and his way of looking at charts significantly. However, there are still a lot of misunderstandings and half-truths circulating that confuse traders and set them up for failure. Using PA Trend Reversal will be possible to identify high probability exhaustion moves of a trend. Features The indicator gives alerts in real-time when the conditions are me
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Version 2.0 2019.05.02
Added Supply/Demand Filter.