Scribd Logo
Upload

Welcome to Scribd!

  • Scalper X2 Indicator

    Uploaded by

    tinochabvuta
    200 views1 page
    The document provides instructions for installing the Scalper X2 indicator into the MT4 trading platform. It describes 7 steps to unzip the downloaded file, copy the indicator file, open MT4, paste the file into the indicators folder, restart MT4, and attach the indicator to charts. It then provides recommendations for using the indicator, including suitable timeframes of M5-H4, major currency pairs, adjusting the input parameter based on preferences, and recommended take profit and stop loss values depending on the timeframe.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    TXT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document provides instructions for installing the Scalper X2 indicator into the MT4 trading platform. It describes 7 steps to unzip the downloaded file, copy the indicator file, open MT4, paste the file into the indicators folder, restart MT4, and attach the indicator to charts. It then provides recommendations for using the indicator, including suitable timeframes of M5-H4, major currency pairs, adjusting the input parameter based on preferences, and recommended take profit and stop loss values depending on the timeframe.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    200 views1 page

    Scalper X2 Indicator

    Uploaded by

    tinochabvuta
    The document provides instructions for installing the Scalper X2 indicator into the MT4 trading platform. It describes 7 steps to unzip the downloaded file, copy the indicator file, open MT4, paste the file into the indicators folder, restart MT4, and attach the indicator to charts. It then provides recommendations for using the indicator, including suitable timeframes of M5-H4, major currency pairs, adjusting the input parameter based on preferences, and recommended take profit and stop loss values depending on the timeframe.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    INSTALLATION

    1. Unzip the archive you’ve downloaded.


    2. Find the file that is called “Scalper X2.ex4” and copy it.
    3. Open your MT4.
    4. Go to “File – Open Data Folder – MQL4”.
    5. Paste the file into the “Indicators” folder in MQL4.
    6. Restart your MT4.
    7. Attach the Indicator to any chart where you’re going to open orders.

    RECOMMENDATIONS

    - Timeframes: M5 - H4
    - Assets: works on any pairs, most recommended major ones: EURUSD, GBPUSD, AUDUSD,
    etc.
    - Change the "Scalper_X2_par" input parameter according to your preferences. The
    higher the input value,
    the fewer signals you get but the accuracy is higher. It is recommended to increase
    the input up to 30 to trade H1+ timeframes.
    - Recommended Stop Loss and Take Profit values depend on the timeframe:

    Timeframes Take Profit Stop Loss


    M5-M15 5-10 pips 40 pips
    M30-H1 20-30 pips 50 pips
    H4 50-80 pips 80 pips

    You might also like