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Home Collection Helpers Ultimate PRO Scalper
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Ultimate PRO Scalper

Get clear buy and sell signals with the Ultimate Pro Scalper indicator and improve your trading. Use diamond signals to enter the most powerful trends and exit on weaker trend power. The indicator is easy to use and can be quickly downloaded and installed on any MT4 trading platform.

Trading Style

Scalping

,

Short-term

Indicator Type

Entry Exit

Timeframe

M1-M5

,

M15-M30

Platform

MT4

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  • How to Install
Description

Features of the Ultimate PRO Scalper Indicator

The indicator has distinct features that make it easy to use for trading. The indicator has a Trend Power value that shows how strong the current trend is. Additionally, it draws diamonds on the chart, which tells you whether to enter a bullish or bearish market.

How the Indicator Can Benefit You

The best indicator clearly tells you when to enter and exit the market. Moreover, it tells you the best time to trade depending on the state of the market. The Ultimate Pro Scalper is one such indicator. It shows a red diamond as a sell signal, and a green diamond as a buy signal.

Meanwhile, the Trend Power value shows if the trend is weak or strong. Therefore, it is advisable to avoid buying if you get a buy or sell signal with a low trend power.

After placing your trade, exit when the opposite signal appears. Exit buy positions when the red diamond appears in a bullish trend. Meanwhile, exit all sell positions when the green diamond appears in a downtrend. When you see a noticeable decline in the Trend Power, that’s another indication of exiting a trade.

Indicator Setting Description

Period Value: This option determines the sensitivity of your signals.

SL_add_pips: This option calculates your stop loss with the input figure and tells you the price level to place it.

TP: This option determines your take profit with the input figure and tells you the price level to place it.

UseAlerts: Enables/disables automatic alerts on your MT4.

EmailAlerts: Enables/disables email alerts.

CORNER: Determines where the information box stays on your chart.

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How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

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