Best indicator for the scalping.
Best indicator for the scalping-Darvas pointer Indicator is a good non-repaint indicator. You can change indicator settings as you wish. Use with any other filter to avoid false signals. Also this indicator support any forex currency pair. Not recommended to trade alone with this indicator.1 hour is the best time frame for trading with this indicator. Don’t enter to trade within high impact forex news period.
Install the Darvas pointer.
Open meta trader platform(mt4)>open data folder>open MQL4>open indicator folder>insert ex4.file to indicator folder.Restart meta trader platform or otherwise refresh Navigator.
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How to trade from the Darvas Pointer.
When appearing green arrow for upper direction you can enter to buy trade. Also, filter that entry point from other analyses to get better results. Also, At that time candle of the below indicator window will change to green color with a blue dot. You can exit from trade with the opposite signal. Place stop loss for the lower low level.
When appearing red arrow for lower direction you can enter to sell trade. Also, filter that entry point from other analyses to get better results. Also, At that time candle of the below indicator window will change to yellow color with a red dot. You can exit from trade with the opposite signal. Place stop loss for the higher high level.
