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Scalper Indicator MT5

FREE

Published: 12 March 2026

Current version: 1.3

Scalper Indicator MT5

Name: Scalper Indicator MT5
Rating: 5 (3 reviews)
Author: Mangesh Popat Ubale

Indicators
Mangesh Popat Ubale
Mangesh Popat Ubale
India

1506
5 (3)
2 products
Version: 1.3
Updated: 23 April 2026

SCALPER INDICATOR MT5 (IntraScalper)

IntraScalper Indicator Free Version is a simple and lightweight trading indicator designed for intraday traders who want clear visual signals and clean chart analysis. This free version introduces traders to the core logic of the IntraScalper system using a single internal strategy. The indicator highlights potential buy and sell opportunities directly on the chart while keeping the interface simple and easy to read.

It is ideal for traders who want quick signal confirmation without using multiple indicators.

When the required conditions are met:

• A Buy signal arrow appears below the candle

• A Sell signal arrow appears above the candle

• A reference entry level is displayed on the chart

These signals help traders quickly identify possible trade opportunities.

The indicator also ensures that duplicate signals are avoided, providing stable and reliable signal visualization.

ON-CHART MARKET INFORMATION

To improve trading decisions, the indicator also displays useful market data directly on the chart.

Displayed information includes:

• Current market spread

• RSI momentum value

• Live price reference line

All information updates in real time and follows the current market price position.

CLEAN CHART VISUALIZATION

The indicator is designed to keep charts simple and uncluttered.

Chart elements include:

• Buy signal arrows

• Sell signal arrows

• Entry reference level

• Live market information labels

Recommended timeframes:

Works well with Forex major pairs and Gold (XAUUSD).

LATEST UPDATES
version 1.0 = Basic core strategy
version 1.1 = Upgrade SL and user based shifting SL (Bar Count)
version 1.2 = (a) Upgrade panel (minimize / restore for clean chart & on/ off control to show/hide chart objects)
(b) Short Trend Line based on ATR calculation for ride trend direction & to take correct exit from trade.
(c) Color candles as per trend direction.
FUTURE PLAN (Review & comment's always welcome for strategy updation)
(a) IntraDay Levels (Based on IntraScalper Theory)
(b) Fibo Levels for tp/entry perfection

IMPORTANT NOTICE

This indicator is provided for educational and testing purposes.

Trading in financial markets involves risk. Always test strategies on a demo account before trading live.

more...

Trader Stc 2026.07.31 10:35 #

INIDKATOR BEKERJA DENGAN BAIK , LUAR BIASA ... APA BISA DI TAMBAHKAN ALARM PADA INDIKATOR... TERIMA KASIH

244

1193442978 2026.05.02 18:57 #

Excelente indicador !Parabéns ao desenvolvedor ! Obrigado por disponibilizar !

213

Lifegoodqwe 2026.04.06 09:39 #

Great work by the developer. Easy to install Scalper Indicator and works exactly as described. Changed it to 5-star review for your kind reply. Cheers bro!!

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FREE

Filter:

Trader Stc 2026.07.31 10:35 #

INIDKATOR BEKERJA DENGAN BAIK , LUAR BIASA ... APA BISA DI TAMBAHKAN ALARM PADA INDIKATOR... TERIMA KASIH

10065480 2026.06.22 15:43 #

User didn't leave any comment to the rating

244

1193442978 2026.05.02 18:57 #

Excelente indicador !Parabéns ao desenvolvedor ! Obrigado por disponibilizar !

1506

Reply from developer Mangesh Popat Ubale 2026.05.05 01:23 #

Thanks brother for your kind review.

213

Lifegoodqwe 2026.04.06 09:39 #

Great work by the developer. Easy to install Scalper Indicator and works exactly as described. Changed it to 5-star review for your kind reply. Cheers bro!!

1506

Reply from developer Mangesh Popat Ubale 2026.04.07 09:05 #

Thank you very much for your great 1st review and I definately will improve Day Trading Strategy in future.