Recently I am using renowned 3 level zz semafor indicator. I have also added a double stochastic to increase profitability. It’s an easy 5tf scalper. If you would like to trade on 15tf, you can change setting as well. The signal on the 5tf has appeared to hint you that it is a good time to get out of a trade but not for entering. It is not a heavy repainted indicator and it helps you decide to get out of a trade. ATR tell you how much you actually can get out of a scalper.
5min-scalper-review
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Rules for buy:
1. You have to Make sure stochastic is coming UP from the 20 level.
2. Candles are higher than the 34EMA GOLD line.
3. The other MA line is white.
4. Go long after 1 candle closes over gold line.
5. SSL bar is white.
Rules for EXIT:
1. When candles hit the supdem box. At the top it’s a shaded grey one as well as at the bottom it’s a blue box.
2: While the RED dot appears.
3: Otherwise you have taken above 10 pips for a trade.