Medium-Term Scalper Indicator
Your Hidden Ally for Precision Trade Timing
š¼ Shared by Dove Forex Markets | FSD Team Release
š§ What Is It?
The Medium-Term Scalper is a specialized trend and momentum-based Forex indicator designed to detect powerful buy/sell opportunities in medium-term price action. With its precision alert system and smart filtering, it works like a silent sniper ā waiting for the perfect shot.
Ideal for scalpers, intraday, and short-swing traders, this tool balances sensitivity and confirmation, reducing false signals and highlighting high-probability trades.
š Key Features:
ā Buy/Sell Signals with Arrows
š Lime Arrows: Indicate BUY entries
ā¤ļø Red Arrows: Signal SELL opportunities
ā Dual Trend Line Plotting
Black + Color trendlines give a clear visual map of momentum direction
ā Sensitivity-Based Filtering
The Sensitivity input dynamically adjusts the indicatorās response to market volatility for better noise reduction.
ā Popup + Email Alerts
Get notified of entry points even when away from charts
Alerts fire when critical reversal zones or confirmation levels are triggered
ā Smart Confirmation Logic
The indicator evaluates multiple bar patterns, volatility channels, and recent highs/lows before confirming a signal.
ā
Non-Repainting on Confirmed Signals
Once the signal arrow is confirmed, it does not repaint. This makes it reliable for real-time use and backtesting.
š How to Use:
Attach the Indicator to any chart (M5 to H1 recommended)
Look for Arrows:
Green/Up Arrow = Potential Buy
Red/Down Arrow = Potential Sell
Use with Confirmation:
Combine with your price action, trendlines, or support/resistance.
Can also be paired with moving averages for enhanced confirmation.
Adjust Sensitivity:
Default is 38.0. Increase for more filtered signals. Decrease for faster signals.
Set Alerts:
Enable PopUp_Alert to be notified on-screen
Optionally turn on Email_Alert to receive notifications directly to your inbox
š ļø Inputs You Can Customize:
Sensitivity: Controls how sensitive the signals are to price movement
PopUp_Alert: Enable/disable screen alerts
Email_Alert: Toggle email notifications
G_pips_132: Adjusts signal target range (ideal for profit-taking zone)
š§Ŗ Best Use Practices:
š Recommended Timeframes: M15, M30, H1
āļø Works best in:
Ranging conditions with pullbacks
Volatile breakout markets when sensitivity is tuned
š Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
š Great for combining with:
RSI/MACD for convergence
Support/Resistance levels
Trend-following EAs or manual trading setups
š¬ Join the Community
Get support, live setups, tips, and free resources in our official Telegram channel:
š² https://t.me/dovefxmarkets
You're not just getting an indicator ā you're joining a network of skilled traders.
š Download Now from Dove Forex Markets
š www.doveforexmarkets.com
ā
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Published:
21 Apr, 2025 01:17 AM
Version:
v1.5
Category:
Instructions Included:
YesSource Code Included:
YesFiles Included:
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