Precision Trend Scalping Indicator

Precision Trend Scalping Indicator

Precision Trend Scalping Indicator Trading rules
For Scalping, it works great on M5 or M15 timeframes. However, you can also extend this onto the one-hour charts if you wish. We also recommend altering(adding or removing) indicators to your need and experimenting with new strategies.

Buy
Binary viper arrow Green color.
Stochastic colored candles Blue color.
Trend Power bars Black color or (Grey optional aggressive trading).
Scalper MA Blue color.
Sell
Binary viper arrow Red color.
Stochastic candles Red color.
Trend Power bars Red color or (Brown optional aggressive trading).
Scalper MA Red color.
Stoploss and TakeProfit
At predetermined pip targets of your choosing or on support and resistance level. You can either use a fixed risk-to-reward ratio for your take profit level or simply trail your stop loss of a few pips below the blue dots that are plotted. This is purely subjective and depends on how the markets are behaving.