BASIC Scalper 2D M1 algorithm
It is the S2DPLUS M1 indicator that works with major Forex pairs, M1 time frame. M1 Scalping is a trading mode that each trader tried at least once. It is extremely popular and we receive your requests to create an accurate, not repainting and fast system almost daily. So we did it and developed our pack. Scalping allows you to be a part-time trader and trade when you can. It is actually one of the reasons of its popularity. M1 timeframes trading usually requires a couple of hours in a day and you see the result of your trading instantly. The drawback of this instant trading that you also expose yourself to trading risks, which are higher in scalping. M1 trends are fast and even top indicators may give false signals here, you have to be ready to it. Not mentioning robots… Robot for scalping on M1 is a dream of any trader that can be hardly achieved.
Manual M1 scalping is best when it is comfortable. You will have an intuitive user-friendly interface with clear signals. BUY or SELL. Due high activity we have added trend filter, that shows signals as “TREND: UP” and “TREND: DOWN”. No other “think twice” distractions. In addition, chart will be also highlighted with the color: red zone means DOWN trend and blue zone indicates UP trend. All calculations are behind the chart leaving to you just ready-to-follow signals.
ACCURACY AND DELAYS.
Time-optimized signals. You can use S2DPlus M1 even if you have no previous experience. You don’t need to make calculations and check multiple graphics – the decision can be made in a second, just after one look at the chart. Simple and comfortable interface!
S2DPlus M1 Scalper Indicator is optimized to provide with both fast and accurate signals. Optimum balance is reached by pretrend filters and fast confirmation. It still takes some time to approve the signal, but there is no faster way to scalp. Some indicators may repaint and show false signals, moving their arrows to demonstrate a better accuracy. We do not make bad indicators, we are against false algorithms and lagging signals. Each of our products is double and triple checked, revised and optimized.
SCALPING is a very interesting type of trading, it deals with fast price behavior. In reality you
can hardly combine a good quality with fast performance. Let us offer tips on your scalping:
- NO FLAT trading. Use only active market sessions!
- Any signal must be accurate – please, check all possible options before you go!
- Do not set high targets. Trying to grab 50 Pips at once may be a disaster… Stick to a steady
growth. 5-7 Pips on Scalping mode is pretty good results!
Installation and Setup. MetaTrader 4 Client Terminal
“As a result of MetaTrader 4 (MT4) Build 600 upgrade implemented by MetaQuotes, the folders within the MT4 folder have moved. In addition, the MQL4 language has changed, and this may have interfered with your installed tools. As a result of this upgrade, you should firstly save your Indicator in the new folder location, which is: “MT4 > File > OpendDataFolder > MQL4 > Indicators”
Follow the main signals and filter each signal by TREND filter.
2) Standard risks:
Follow the main signal and just ignore the TREND filter.
Exit trades when the ScalperDplus M1Bonus issues the opposite trading signal. This ensures that you trade with good profits and right before the market reverses. Anyway, close orders on opposite signal won’t bring you maximum.
Exit the market as soon as price touch TP/SL levels. This is very popular way. You can use recommended levels, that are based on previous high/low levels.
You can exit if filter change its signal.