R Scalper Arrows

The R Scalper Arrows indicator delivers easy to read buy and sell signal arrows for any forex pair.

It works good for short-term trend predictions:

  • Up arrows suggest the pair is short-term trending up.
  • Down arrows suggest the pair is short-term trending down.

For long trades, place your stop-loss below the dots.

For short trades, place your stop-loss above the dots.

Tip

You can use this indicator together with a longer term period trend-following forex indicator such as a simple moving average or exponential moving average.

Only trade in the direction of the trend as indicated by the trend-following indicator.

Basic Trading Signals

The signals from the R Scalper Arrows indicator are easy to interpret and goes as follows:

Buy Trade: Open buy trade when a purple UP arrow appears on your chart.

Sell Trade: Open sell trade when a purple DOWN arrow appears on your chart.

Trade exit: Exit the trade at an opposite signal or use your own method of trade exit.

Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: chart pattern

Customization options: Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Short-term trend prediction

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Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at rea
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The R Wolfe Wave indicator analyses price action and transforms the accumulated data into a powerful Wolfe Wave chart pattern technical tool. In essence, the R Wolfe Wave chart pattern can be either bullish or bearish and might help traders to open buy and sell trades without any lagging indicators. Key Points Identifies powerful Wolfe Wave patterns For advanced traders Works for any currency pair Well worth adding to your indicator collection This indicator can work together with any existing
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R 2EMA Color
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The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s. Key Points When price crosses and closes above the two green EMA’s, it creates a buy trade signal. When price crosses and closes above the two red EMA’s, it creates a sell trade signal. The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell A buy signal occurs when the 2 EMA lines turn green . A sell signal occurs when the 2 EMA lines turn red . How
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R Wavy Dash
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The R Wavy Dash indicator transforms price data into an excellent trend-following signals indicator that works for trade entry and exit. It appears in the main chart as a colored signals line and can be used as a standalone trading tool. The R Wavy Dash indicator is very reliable, lightweight, and will not slow down your trading platform. Key Points Trend signal indicator Newbie friendly Non-repaint Well worth adding to your indicator collection This indicator can work together with any existin
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R Silver Trend
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The R Silver Trend indicator is a trend following trading indicator that displays the current trend directly on the activity Metatrader 4 chart. It draws two types of candlesticks: Blue ones for bullish price action. Red ones for bearish price action. Trading the R Silver Trend indicator is pretty simple, even for absolute beginners, and it can be used for scalpin g (M1, M5) , day trading (M5, M15, M30) and swing trading (H1, H4, D1) currencies. Basic Trading Signals Signals from the R Silver T
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R Var Moving Average
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The R Var Moving Average Indicator is a trend following indicator designed for die-hard trend followers. It is a quite popular forex trading indicator among stock traders, as well as commodity traders, and its popularity stems from its ability to deliver genuine money making signals to its users. The indicator is comprised of green and red dots that are placed on a sienna line. The green dot is pointing to a bullish signal, while the red dot depicts a bearish signal. Basic Trading Signals Buy S
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R Show Ticks
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R Alligator
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The R 3MA Cross indicator is a popular trend indicator with alerts based on the crossover of 3 moving averages, it is composed of a faster, medium and slower moving average. Key Points A buy alert will occur when the faster moving average crosses both the medium and slower moving average upwards . A sell alert will occur when the faster moving average crosses both the medium and slower moving average downwards . How to trade with it? Open a buy trade whenever the green colored R 3MA Cross arro
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