Quick Scalping is a uniquely designed indicator tailored for rapid scalping in the world of Forex trading. This tool’s functionality is primarily rooted in the direction of the Moving Average, offering an adjustable period and sensitivity to suit individual trading strategies.
Understanding the Quick Scalping Indicator
The Quick Scalping indicator is a specialized tool for Forex scalping strategies. It operates based on the direction of the Moving Average (MA), a common indicator in technical analysis used to smooth out price trends by filtering out the “noise” from random short-term price fluctuations.
This indicator’s unique selling point lies in its customizable settings. These settings allow traders to adjust the period and sensitivity of the Moving Average to their preference, thereby tailoring the indicator’s operation to fit their individual trading strategies.
Customizable Moving Average Settings
One of the standout features of the Quick Scalping indicator is the customizable Moving Average settings. The two main parameters here are the ‘Period of Moving Average’ and ‘Deviation’.
The ‘Period of Moving Average’ or ‘Period MA Bar’ refers to the specific number of price bars that are included in the Moving Average calculation. The lower the value of this setting, the more sensitive the indicator becomes.
‘Deviation’, on the other hand, is a value ranging from 0.01 to 3. The smaller the deviation, the more sensitive the indicator. This parameter’s sensitivity also depends on the ‘Period MA Bar’. For instance, if ‘Period MA Bar’ values lie between 1-5, it is advisable to work with deviation values between 0.01-0.1. If the deviation is 0, the indicator will not detect weak slope zones.
Forex Scalping Made Easy
Trading using the Quick Scalping indicator is carried out according to the trend. It provides various types of alerts, including notifications to the terminal, mobile terminal, and email. This way, traders can stay updated on any new developments, making Forex trading faster and more convenient.
Moreover, this indicator does not redraw arrows, and the signal comes after confirming the strategy, ensuring consistency in the trading process.
Unlimited Access with No Additional Purchases
Interestingly, the Quick Scalping indicator comes as a full free version. There are no additional purchases, making it a cost-effective tool for both novice and experienced traders. This feature makes it stand out in the Forex scalping review.
FAQs
What is the Quick Scalping Indicator?
The Quick Scalping is a Forex trading indicator designed for fast scalping. It is based on the direction of the Moving Average, and its settings can be customized to suit individual trading strategies.
How does the Quick Scalping Indicator work?
This indicator operates based on the direction of the Moving Average, providing customizable parameters like the ‘Period of Moving Average’ and ‘Deviation’ to adjust the indicator’s sensitivity according to the trader’s preference.
What are the cost implications of the Quick Scalping Indicator?
The Quick Scalping indicator comes as a full free version with no additional purchases, making it a cost-effective tool for all traders.
You can watch independent testing of the Quick Scalping indicator on forexroboteasy.com and subscribe to updates on the results of testing this product. We invite you to share your experience of using this product. Please note that this article is an independent product review.
Write review