Scalping Future Indicator for MetaTrader 5 – Free Download [TradingFinder]

The Scalping Future Indicator is designed for MetaTrader 5, based on Order Flow analysis and the identification of the dominant strength of buyers or sellers.

This tool displays green and red arrows on the chart to visually indicate real-time momentum changes in the market, allowing traders to identify the probable direction of price movement more quickly.

Scalping Future Indicator Table

The main features of the Scalping Future Indicator are presented in the table below:

Scalping Future Indicator at a Glance

The Scalping Future Indicator, by removing complex formulas, generates signals directly based on order flow and the balance of buyer and seller strength.

This trading tool displays the market direction with green and red arrows and issues entry signals for buy and sell trades.

Note: In this indicator, signals are generated in real-time, allowing the trader to react quickly within the shortest timeframes.

Indicator in an Uptrend

The following chart shows the Dow Jones Index (DJI) on the 5-minute timeframe. After a downward corrective move, the Scalping Future Indicator displays an upward green arrow marking the momentum shift.

This situation indicates a decline in selling pressure and a gradual strengthening of buying interest, and is considered a suitable zone for entering buy trades.

Indicator in a Downtrend

The following chart shows the Bitcoin Cash Index (BCH/UD) on the 30-minute timeframe.

After a bullish rally and the price reaching a resistance zone, the indicator plots a downward red arrow on the candle, signaling weakening buying pressure and increasing selling pressure. This visual signal creates a suitable area for entering sell positions.

Scalping Future Indicator Settings

The image below shows the settings panel of the Scalping Future Indicator:

• FilterPeriod: Display filter period
• SL_distance_pips: Set stop loss distance in pips
• History_Limit: Date limitation filter display
• ALERT: Create in-software alerts
• EMAIL: Send email alerts
• NOTIFICATION: Send signals as notifications
• MESSAGE_TIMEOUT: Time interval between two consecutive messages or alerts
• MESSAGE_SUBJECT: Email alert subject line

Conclusion

The Scalping Future Indicator operates based on identifying order flow and the intensity of supply and demand in each candle. This tool displays the strength of buyers or sellers directly on the chart with green and red arrows.

Although its structure is designed for scalping strategies, in higher timeframes it offers better accuracy for trade entries due to reduced price noise and elimination of false signals.