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Mr Pip Scalping Indicator

Mr Pip Scalping Indicator

is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset with few major tweaks. This is NOT RSI.

Features

  • The indicator gives alerts in real-time when the conditions are met.

How to use?

When the signal comes, you will prepare.

At the end of the current candle you enter into the trade.

Can I take all the signals?

No, you must follow some simple rules.

What are the rules?

  • Alert comes in and the current candle is near a support/resistance or a RN (Round Number).
  • Check the support/resistance line.
  • You enter at the opening of the next candle.
  • DO NOT trade during news.


How to take only profitable signals?

When the signal comes, check for Round Numbers, Resistance/Support.

Recommended pairs: all GBP pairs

























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