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Best Scalper Oscillator Free

Best Scalper Oscillator Free is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. 

Best Scalper Oscillator Free is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. 

Best Scalper Oscillator Free - is a demo version, which works only on the USDCHF currency pair.

Unlimited version can be purchased here: https://www.mql5.com/en/market/product/41479


Distinctive features

  • Generates minimum false signals.
  • Excellent for identifying trend reversals.
  • Perfect for scalping.
  • Suitable for working on the smaller timeframes (up to H4).
  • Works on any financial instrument.
  • The indicator does not repaint.

Recommendations on usage

The buy signal is formed when the level 20 is crossed.
The sell signal is formed when the level 80 is crossed.

Indicator Parameters

  • Period - the number of bars used to calculate the algorithm.
  • UpperLevel - the upper level displayed in the indicator window. When this level is crossed, notification are sent (mobile, email, alert).
  • LowerLevel - the lower level displayed in the indicator window. When this level is crossed, notification are sent.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email - enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push - enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.
  • trend_filter - filtering signals, you can choose one of three options: 
  1. buy only,
  2. sell only, 
  3. none.
  • Type of signal - the setting is responsible for the signal to be sent by Alert, Email and Push. Type of signal can be equal to current bar (sending an alert when signal appears on the current bar) or last bar(when a signal occurred on the past bar).
  • Line color - the color of the main line of the indicator.
  • Width - line width.
  • Level color - color of horizontal levels(Upper and Lower Level).


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