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Trend scalper indicator

Trend Scalper is a simple effective indicator for scalping, which identifies large trends, filters data and issues buy / sell signals, exit from open positions.

There is a Sensitivity parameter, the smaller the value, the more sensitive the indicator is to price changes.

A trend is defined by two colors: 

  1.         Blue - the points determine the downward trend, the arrow symbols determine the recommended opening and closing positions (when you hover the mouse pops up a hint)
  1.         Red - points define an uptrend, arrow symbols determine the recommended opening and closing positions (when you hover the mouse pops up a hint)
When a buy / sell signal appears, we do not forget to set the stop loss to a level not less than the level of the previous bar and close positions on the opposite signal.
Has the function of a pop-up sound notification.

Good luck and great profits!



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Version 1.1 2019.02.12
Ver 1.1