Forex Scalper Inside PRO MT4 Indicator

Forex Scalper Inside PRO MT4 Indicator:

About the Forex Scalper Inside PRO MT4 Indicator

Scalper Inside PRO is an innovative product that uses the exclusive Next-Generation Trend Detection Algorithm (NG TDA) to determine the trend fast and accurately. Scalper Inside PRO is an indicator that will automatically determine the exact time of opening and closing positions and calculate detailed statistics to select the best trading instrument for your trade. Also, you can connect custom indicators to check and calculate their statistics and profitability.

Main Features
Next-Generation Trend Detection Algorithm (NG TDA)
Automatic Detection of Enrty and Exit Points
Detailed Statistics Calculation
Includes Two Superior Strategies
Suitable for Different Trading Instruments and Timeframes
Ability to Connect Custom Indicators to Calculate Statistics and Check Profitable (in PRO version)
Easy-to-Use Rules
Suitable for Beginners and Experienced Traders
100% Non-Repainting Indicator
Fully Customizable

Settings Description

Entry Rules:
Select Strategy – Strategy choice for trading:
Strategy-1
Strategy-2
Custom Indicator

Strategy 1-2 Sensivity – Adjusting the Sensitivity for Strategy 1-2 (values from -5 to +5)

Custom Indicator Name – Custom Indicator Name, if ‘Select Strategy’ = Custom Indicator

Buy Buffer (default: Buffer 0) / Sell Buffer (default: Buffer 1) – Select the graphic buffer of the Custom Indicator that displays arrows for:
Buy (usually Buffer 0)
Sell (usually Buffer 1)

Open Position Mode
Next Candle Entry: open a position on the next candle after the signal appears.
Delta Entry: we open a position when the price reaches the calculated entrance level. This mode helps to filter out some false signals.

Exit Rules:
Select Close Position Settings
Auto Calculate SL: Stop Loss level is calculated automatically
Reversal SL: Close positions on the opposite Signal
Use Manual SL: Use Manual Stop Loss

Manual Targets:
Use Manual TP1, TP2, TP3 – Use Manual TP1, TP2, TP3 (true/false)

Volatility Filter:
Volatility Filter Enable – If activated (‘true‘), the TP3 Profit Level is calculated within the specified time

Volatility Filter / Finish Hour – Volatility Filter operating time (Start and Finish hours). If Start Hour = Finish Hour, the filter works anytime

Alerts Settings:
All Alerts Disabled – All alerts quickly disabled, if ‘true‘

Arrows Email Alert / Arrows Sound Alert / Arrows Pop-up Alert / Arrows Send Notifications – Activate/Deactivate different types of signals, when the Arrow Signal appears

Other Settings:
History Bars for Calculation – Number of bars for calculation

Visual Settings:
Use Auto Color Theme – Use a preset Color Scheme

Select Color Theme – Dark/Light Theme selection, if ‘Auto Color Theme‘ = true

Panel Size Scale (0.5 – 2.0) – Allows to Increase or Decrease the Control Panel size

All of the following graphical settings will allow you to turn signals On/Off and completely change the color scheme. To use custom color settings, please do not forget to disable automatic theme selection: ‘Use Auto Color Theme‘ = false

Connecting and Testing Custom Indicators

The Custom Indicator Testing Module is used to connect and test your own indicators instead of built-in Strategies. This module works with most of the Arrow Indicators, automatically detecting their working principle. You only need to specify the Indicator Name and Graphical Buffers, in which the indicator draws arrows. Scalper Inside PRO will do the next steps by itself.

Run Scalper Inside PRO and set ‘Select Strategy‘ = Custom Indicator.

Set the indicator name in the ‘Custom Indicator Name‘ field.

Select the graphic buffers of the Custom Indicator that displays arrows. Usually for Buy used Buffer-0, and for Sell used Buffer-1.

Make sure that the Signal Arrows of the Custom Indicator match the Signal Arrows that Scalper Inside PRO has built.

Then we can use the Scalper Inside PRO indicator in the normal mode, but receiving signals from the Custom Indicator.
For the correct operation, it is unnecessary to install Custom Indicators on the chart! The Custom Indicator is connected with default settings.

Test results:

Forex Scalper Inside PRO MT4 Indicator

Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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