Slayer Scalping
- Indicators
- Version: 4.0
- Updated: 18 March 2026
- Activations: 10
This indicator focuses on take profit levels and stoploss, the whole idea is to scalp the market on higher/lower time frames starting from m1 and higher time frames such as H1 or M15 as these timeframes doesnt get effected alot by spread and broker commision, the indicator give buy/sell signals based on price divergeance strategy where it plots a buy arrow with tp/sl levels when a bullish divergence conditions are fully met,same goes for sell arrows, the arrow prints on candle close and doesnt repaint live, some signals come bit late and they are ignored by indicator and wont give alert, as this is the nature of divergence on certian market conditions (high volatility/news impact).
MT5 VERSION <----
| Why does it work? |
|---|
| . Good strategy behind each signal |
| . No repaint live. |
| . Works on any pair. |
| . Gives steady performance |
Recommendations :
. Use on higher time frames for better signal quality
. changing indicator main period changes signals quality, its one inputs so try to find best period for each pair
. dont trade high spreads please, try to use raw spread account

Very supportive author and indicator has great potential specially with Gold