NON-Repainting MT4 Trading System is a NON-Repaint indicator system that gives easy-to-use buy/sell signals. This set-up will best suit Scalpers. This trading system is basically based on a special algorithm that takes data from overbought and oversold points.
It is generally used for scalping. The winning rate is greater when scalping correctly. The system does not repaint and not recalculate. If the signals appear in the present candle, they will not vanish in the next candle. That makes the system valuable and precious. There is no matter whether you are a completely new trader or you have been trading for some time, the system is very easy to use with accurate tools.
The system consists of two indicators and the arrows have all alerts including popup, push, and email alerts. The indicator Arrow respectively generates buy and sell signals at the top and bottom points of the charts.
NON Repainting indicator can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
You can set the NON Repainting trading system to send you a signal alert via Mobile Notification, or platform pop-ups. This is helpful as it means you do not need to stare at the charts all day waiting for signals to appear, and you can monitor multiple charts all at once.
Scalar trading system can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock Market, Indices and etc. You can also use it on any time frame that suits you best, from the 1-minutes through to the 1-Hour charts. It works best on M5 timeframes.
This MT4 Trading System Trading rules
For Scalping, it works great on M5 timeframes. But you can use it on any. The blue arrow and the blue histogram should indicate the uptrend market. If the red arrow and the red histogram show a downtrend market direction. When the opposite arrow appears for the current open trade, it is time to EXIT the position.