Laser Trend Scalping Pro
- Indicators
- Version: 1.54
- Activations: 10
Laser Trend Scalping Pro draws a bright neon laser trend line through the middle of the candles - green for an uptrend, red for a downtrend - and turns it into a complete, rule-based trade plan you can read at a glance.
On top of the swing pivots and the white trend-flip arrows, when the laser and the trend gate agree the indicator decides a trade and auto-draws it on the chart: ENTRY, STOP, TP1, TP2 and a dynamic EXIT, for both longs and shorts. A side panel shows the live result and the trade's potential gain and potential loss, in points and in money, sized with fixed-fractional risk on your account balance.
HOW IT WORKS
- Laser trend line: a thick neon halo with a thin white-hot core that runs along price, turning green in an uptrend and red in a downtrend.
- Swing pivot arrows: mark the exact swing low and swing high where the laser changes color.
- White flip arrows: drawn on the bar where the laser flips color, in the direction of the new trend.
- Auto-drawn trade: when a setup is decided, the indicator plots ENTRY, STOP at the pivot, TP1 (1:1), TP2 (1:2) and a dynamic EXIT.
- Non-repaint: signals are confirmed on the bar close and do not move afterwards.
KEY FEATURES
- Points and money panel: live result plus potential gain and loss in points and money, position-sized with fixed-fractional risk on the account balance.
- Trend gate (ADX): take setups only inside a strong move.
- Auto point value per symbol so the money figures are correct on indices and other instruments.
- Alerts on a new setup: pop-up, sound and mobile push (MetaTrader 5 app).
- One signal per move, no arrow spam.
- Works on every symbol and every timeframe (defaults tuned for M1-M5 scalping).
- No DLLs and no external calls; no time, account or instrument limits.
INPUTS
- Laser: ATR period and ATR multiplier (trend sensitivity).
- Arrows: pivot gap and flip-arrow gap (x ATR).
- Trade: enter on flip, minimum leg inclination filter, optional gate requirement, reward-to-risk for TP1 and TP2, line colors and style.
- Risk and money: risk per trade as a fraction of balance, and point value (auto by default).
- Trend gate: ADX period and minimum value, panel position and colors.
- Alerts: pop-up, sound, sound file, mobile push.
HOW TO USE
1. Attach it to any chart and timeframe.
2. Follow the laser color for the trend.
3. When a setup is decided, use the drawn ENTRY, STOP, TP and EXIT levels and the points and money panel to manage the trade with your own risk rules.
A free edition, Laser Trend Scalping Arrows, is also available with the laser, the pivots and the white flip arrows.
This is a technical analysis tool. It does not place trades automatically and does not predict future prices. Past behavior of any indicator does not guarantee future results. Always use proper risk management.
Convex Trading Systems
If this indicator is useful to you, please leave a comment or a review - it really helps and I truly appreciate it. Thank you!
