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SuperScalper Indicator, including Fisher Indicator along with 50 SMA , 100 SMA and 200 EMA.

SuperScalper is a very profitable scalping strategy thus used by many traders with a little practise you can master the system. The system is based on two main indicators and three moving averages.

- SuperScalper trend line
- Fisher momentum indicator
- In addition there are three moving averages a 50 SMA blue dotted line and 100 SMA red dotted line 200 EMA white line

Setup

Pairs Works on any pair recommend are GBPUSD, GBPJPY,EURUSD
Trading Times Tokyo open, London open and New York open is the best time to open the trades
Exits The exit should be based on the indicators and major support and resistance areas
MT versions Metatrader 4
Chart Time 1M or 5M is preferred
Target Pips GPBUSD 10 to 15pips - GBPJPY 20 to 30 pips – EURUSD – 10 to 15 Pips


What is in the ZIP file:What is not in the Zip file:How to use:
  1. Download and expand Zip
  2. Place Indicators in Metatrader 4 Indicators folder
  3. Place Template into Metatrader 4 Templated folder
  4. Read instructions bellow


SuperScalper Indicator, including Fisher Indicator along with 50 SMA , 100 SMA and 200 EMA.

Instructions

Buy Setup
  1. Wait for a major time open such as London open.
  2. Check Fisher Histogram is showing green bars
  3. Wait for the 50SMA to cross the 100SMA upwards.
  4. Check SuperScalper is a Blue line
  5. Check price is above 200 EMA
  6. Open Buy trade


For a buy order you must wait for the 50SMA to cross up the 100 SMA (blue over red) , for the major trend direction use the 200 EMA as a guide so if price is above 200 look for buy trades only if price is below 200 EMA then sell trades only. The Fisher histogram Indicator must show the Blue bars.And finally the SuperScalper wave must also be blue.

For a sell the opposite condition are true