Scalping MT4 trading system is one that provides easy to use buy/sell signals. This setup is best suited for scalpers. The trading system is basically based on a special algorithm that takes data from overbought and oversold points.
It is usually used for scalping. The winning rate is higher when the scalp is done correctly. The system does not redraw and does not recalculate. If signals appear in the current candle, they do not disappear in the next candle. This makes the system valuable and precious. Whether you are a brand new trader or have been trading for a while, the system is very easy to use with accurate tools.
The system consists of two indicators with arrows containing all alerts, including pop-up, push and email alerts. Indicators The arrows generate buy and sell signals at the top and bottom of the chart, respectively.
The non-redrawn indicators can provide you with trading signals that you can accept as is, or add your own additional chart analysis to further filter the signals, which is recommended.
MT4 Trading System Trading Rules
For scalping, it works well on the M5 time frame. But you can use it anywhere. The blue arrows and blue histogram should indicate an uptrending market. If the red arrows and red histogram indicate the direction of the downtrending market. When the opposite arrow appears for the current open trade, it is time to exit the position.