SCALP PRO is an indicator system design to gain an edge and finding small trends in the lower time frames. It usually being sold for 60$ a month. SCALP PRO indicator trade signals are based on Price Action and it’s perfect for a 15-minute time frame.
You can set the SCALP PRO Indicator to send you a signal alert via email, 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.
SCALP PRO Indicator System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1 minute through to the 1-month charts.
How to Use (Strategy)
SCALP PRO Band
The current price is most likely moving inside of this band when the price is getting near the edge of the upper or lower band, that’s where you need to keep your eyes peeled for a trade opportunity.
SCALP PRO Zone
This indicator shows all support and support and resistance levels to help identify entry and exit points in conjunction with the other features of the SCALP PRO Indicator.
MetaTrader 4 Moving Averages
The third and final component of the SCALP PRO Indicator is a combination of three moving averages which are already installed in your MetaTrader 4 platform. A 200-period Simple Moving Average
- A 32-Period Exponential Moving Average
- A 12-Period Exponential Moving Average
Suppose the first two indicators give you a signal look for last confirmation which is a cutting line of 12-EMA and 32-EMA. For example, if the12-EMA cuts the 32-EMA upwards, and is near to the edge of the lower channel and close to support levels, this will be a BUY signal.
The 200-SMA also helps you here, if your price it’s near to this line, do not perform the trade. This is because prices always tend to return back to the 200-SMA. Whereas if it’s far from the 200-SMA, this will be a better opportunity to trade.
Key points to bear in mind when trading with the SCALP PRO Forex Indicator.
- Do not trade near the 200-period Simple Moving Average; a signal cannot be established in this zone
- Make sure to exit when the price reaches a sensitive area that is against you. For example, like support and resistance levels or pivot points
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