JJN-Scalper – indicator for MetaTrader 4

[Metatrader Indicators]

JJN-Scalper.gif

Scalper system. It shows the entry, takeprofit and stoploss levels. Use it on M5 or above.

TakeProfit and StopLoss come from ATR (you can change the period of the ATR).

IMPORTANT! >> There are 2 basic rules:

1. Entering only if the price crosses the entry level (i.e. for example if BUY appears, wait until the price is crosses the entry level upward)

2. Recognize the trend and sell only in overall downtrend, buy only in overall uptrend

Test it on demo for the first time.

Use PosX and PosY to place the indicator to the desired location.

Methodology differs from JJN-Bee.

How to install JJN-Scalper – indicator for MetaTrader 4.mq4?

Download JJN-Scalper – indicator for MetaTrader 4.mq4
Copy JJN-Scalper – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your MT4 indicators
Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
Right click on JJN-Scalper – indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator JJN-Scalper – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove JJN-Scalper – indicator for MetaTrader 4.mq4 from your Metatrader Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
"Indicators list"
Select the Indicator and delete

Click here below to download: