M5 scalping indicators

 

Hey,

I'm looking for a good indicator that will allow me scalping on M5 timeframe and give many signals - something like Stochastic. I would like to get an alert and arrow when trend will change.

Thanks,

freakout

 

Hi,

You can use the below mentioned indicators for scalping.Make sure u test it in a Demo before trying it out in a real account.

Files:
 

what are the best settings for this indicator?

 

Dear

I would suggest you to first identify the price action.

There are three types of trend:

1/- Up

2/- Down

3/- Sideways

A trend following method is not going to work in a sideways market.

Kind regards,

-Muhammad Azeem

Elliott Wave Forex Weekly Forecast

https://www.mql5.com/go?link=http://twitter.com/readyforex

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thanks for this usful indicator

 

This one is ok for M5/M15/M30,,just scalp the stars. If you are trading bumpy sideways market plz check for stars on M15 first before entry on M5

 

Hi, Thanks for sharing the mmindicatorvisual. I would like some help about the best way to use it especially combining different tfs. Thanks in advance

Dan

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