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Free Scalping Indicator

Risk and Liability: The author and the publisher of the information contained herein are not responsible for any actions that you undertake, including but not limited to, implementing and/or practicing trading techniques, or any information, contained herein, and will not be held liable for any loss or injuries of any kind. The opinions expressed in this document are not to be construed as trading advice, or advice of any kind, but as the opinions of the author. All backtest results and performance data contained in this document are hypothetical. lip, spread, and commission are not factored in. As with A!" form of trading there are risks involved. #lease understand these risks and be sure to understand, and make sure you agree to, the important $onditions/Terms, %isk &isclosure, and liability &isclaimer 'nformation located at the bottom pages of this document before proceeding or reading this document, as it applies to all information contained in this document. There is a vast diversity of trading experience and knowledge among the various people who trade the markets, therefore following is general trading information, including basics, pertaining to (orex trading. )e encourage all traders to read this entire document however the (ree calping 'ndicator system itself begins below the introduction. )hile it is possible however to trade successfully only using technical analysis or only using fundamental analysis ultimately, the best way for a discretionary trader to make a profit from (orex trading is to stay on top of both methods of analysis, including charts and indicators, but

(orex trading offers one of the best ways for earning significant amounts of money. )ith that said, traders who seriously study the A training program can also show you how to detach yourself emotionally from your trades. This is important to ensure that your

This 'ndicator is *++, (ree. "ou have rights to T-%. -% /'!0 AT A!" ('/. 1A%'!2 'T. or (-%34 5"ou are very welcome to post this indicator on any forums or blogs6

1elp other people to get this *++, (ree (orex tool 7 post a link on your forum or blog to8 (ree calping 'ndicator http8//www.freescalpingindicators.com

Thank you9

Free Scalping Indicator


The Free Scalping Indicator is a special set of trading indicators 5built:

in:one6 designed to be used in conjunction with each other to identify high:probability entries in A!" market. The indicator designed and optimi;ed for a short calping trading. <+:=+ , )inning Trades.

Getting Started: The first thing you>ll need is the (ree 4etatrader 54T?6. calping 'ndicator set for

-nce you>ve followed the directions for installing the indicator, loaded it onto a chart you>re ready to move forward and learn the system. THE INDIC T!R: Free Scalping Indicator "ile: freescalpingindicator.ex4

Do#nloading and Installing a $etatrader C%sto& Indicator &ownload @'# to your computer. -pen @'# and extracts the files. elect the included file 5filename.ex?6 and $opy it. #aste the indicator file into your existing 4etatrader ? platform indicators folder. "our 4etatrader ? folder for )indows systems is usually located here :A $' C!$()TER *+ C: *+ (R!GR $ FILES *+ ,'!)R$ET TR DER . (lat"or& Folder *+ E/(ERTS *+ INDIC T!RS

B "our 4etatrader ? platform folder will likely have your brokers name on it also. o if you have trouble finding your folder, please check under the broker>s name in your program files. $lose your 4etatrader #latform if it is open9 -pen your 4etatrader #latform again to refresh new settings. dd the Ne# Indicator to the Chart !avigate by clicking from the Top 4enu on 4etatrader : INSERT *+ INDIC T!RS *+ C)ST!$ *+ NE0 INDIC T!R N $E

"ou should now see the 'ndicator on your chart.

)SING THE INDIC T!R The (ree calping 'ndicator generates trades by changing colors. calping 'ndicator to generate signals8 calping 'ndicator changes

To use the (ree

1)' SIGN L occur when the (ree color from %ed to "ellow. 5@.%- line crosses6

SELL SIGN L occur when the (ree calping 'ndicator changes color from "ellow to %ed. 5@.%- line crosses6

Stop Loss #lace your stop loss C pip below the previous candle (or long trades

#lace your stop loss C pip above the previous candle

(or short trades.

E2iting Trades .xit trades when the (ree calping 'ndicator issues the opposite trading signal. Another exit mechanism is to exit near strong support or resistance levels. (airs to %se and &a3or ti&e"ra&es * minute, C minute, *C minute. All major pairs

( R $ETER SETTINGS T! )SE: (ree calping 'ndicator is a versatile system. Decause it can be used on so many currency pairs and times frames the settings will need to be adjusted for the particular combination being traded. This may easily be done by adjusting 5or tweaking6 the settings to match the $3%%.!T market conditions, by observing the way the indicator look on the chart as one scrolls back on the chart to see what they would have done. Adjusting the settings will also determine the number of .ntry signal arrows that appear. 4ajor parameter 5indicator>s inputs6 7 E'!T.! 'T"F 'ncreasing the number will result of filtering more false signals but decreasing the number of entry signals and the indicator>s speed 7 safe mode of trading9

N!TE: $ake s%re to #atch a ne#s releases calendar and ne4er

trade near any &a3or ne#s or e4ents5 GETTING T! 6N!0 THE S'STE$: T%.AT "-3% T%A&'!2 /'0. A D3 '!. , !-T A /-T 4A$1'!.. There are skills necessary that come with practice. #AT'.!$.G 2et to know the system by trading using a demo/simulated account.

)ishing you the most success, www.(ree calping'ndicators.com T%A&'!2 T.A4

*Risk & Liability Disclaimer and Disclosure / Terms and Conditions of Use U.S. Government Re uired Disclaimer Commodity !utures Tradin" Commission !utures# $%tions tradin"# and !ore& tradin" 'as lar"e %otential re(ards# but also lar"e %otential risk. )ou must be a(are of t'e risks and be (illin" to acce%t t'em in order to invest in t'e futures# fore& and o%tions markets. Don*t trade (it' money you can*t afford to lose. T'is is neit'er a solicitation nor an offer to +uy/Sell futures# stocks# o%tions# fore& currencies. ,o re%resentation is bein" made t'at any account (ill or is likely to ac'ieve %rofits or losses similar to t'ose discussed on t'is (eb site. T'e %ast %erformance of any tradin" system or met'odolo"y is not necessarily indicative of future results. *Risk & Liability Disclaimer and Disclosure / Terms and Conditions of Use U.S. Government Re uired Disclaimer Commodity !utures Tradin" Commission !utures# $%tions tradin"# and !ore& tradin" 'as lar"e %otential re(ards# but also lar"e %otential risk. )ou must be a(are of t'e risks and be (illin" to acce%t t'em in order to invest in t'e futures# fore& and o%tions markets. Don*t trade (it' money you can*t afford to lose. T'is is neit'er a solicitation nor an offer to +uy/Sell futures# stocks# o%tions# fore& currencies. ,o re%resentation is bein" made t'at any account (ill or is likely to ac'ieve %rofits or losses similar to t'ose discussed on t'is (eb site. T'e %ast %erformance of any tradin" system or met'odolo"y is not necessarily indicative of future results.

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