Neuro Scalper Indicator
Forex scalping BUY/SELL signals from the best Neuro Scalper Indicator for MT4. Find entry and exit points.
The Neuro Scalper Indicator is a scalping indicator that tells about the entry and exit points. There are two main aspects of the Indicator ; STIX and the 50 line. The STIX (short-term index) uses the EMA (exponential moving average) as a trend identifier. There are two STIX lines for Indicator ; the signal line and the dotted line.
The other aspect of the indicator is the 50 line. You can take your positions whenever the STIX lines cross above or below.
How to use the Neuro Scalper Indicator for MT4?
The above USD/JPY M5 chart shows the Neuro Scalper Indicator’s BUY/SELL signals. To develop a strategy with the indicator, you have to look at its two aspects; 50 line and STIX lines. When the blue STIX line goes above the dotted line, and these two lines are above the 50 line, you can take a BUY position.
Conversely, when the dotted line is above the blue one and both are below the 50 line, you can take a SELL position. The STIX lines and the 50 line crossover act as a signal confirmation.
Conclusion
The Neuro Scalper Indicator for MT4 adds STIX lines along with the 50 line crossover to determine entry and exit points. The indicator smooths the signals so you can get less market noise on shorter timeframes. You can download the Neuro Scalper Indicator for free from our website.
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