Bot Scalper Indicator MT4 (Update 01/12/2024) – Free Download

Introduction: Bot Scalper Indicator

In the ever-evolving landscape of forex trading, having the right tools can make all the difference between success and failure. One such tool gaining attention is the Bot Scalper Indicator Pro. This exclusive indicator harnesses advanced algorithms to swiftly and accurately determine market trends, empowering traders with detailed statistics and customizable features for informed decision-making.

Understanding Bot Scalper Indicator Pro:

Bot Scalper Indicator Pro is a sophisticated trading tool designed to streamline forex trading processes. Its innovative Next-Generation Trend Detection Algorithm (NG TDA) swiftly analyzes market trends, automating the calculation of opening, closing, and profit levels. With its multi-level profit-taking system and High Time Frame (HTF) Impulse Filter, traders gain a comprehensive view of market dynamics, facilitating strategic trading maneuvers.

Technical Specifications

Version: 6.7
Year of issue: 2024
Working pairs: Any
Recommended timeframe: Any
Minimum Deposit: $100
Average of account: 1:30 To 1:1000

Best Brokers List

Bot Scalper Indicator works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Bot Scalper Indicator Settings

Settings Description:

 

[Select Strategy - strategy choice for trading]: Strategy-1 / Strategy-2 / Strategy-3 / Custom Indicator - connecting a Custom Indicator

[Strategy 1-3 Sensitivity]: adjusting the Sensitivity for Strategy 1-2 (values from -5 to +18)

[Open Position Mode]: Next Candle Entry / Delta Entry

See also  Harmonic Detection - Free Version

[Select Close Position Settings]: Auto Calculate SL / Reversal SL / Use Manual SL

[Use Manual TP1, TP2, TP3]: use Manual TP1, TP2, TP3 (true/false)

 

Alerts Settings:

[All Alerts Disabled]: all alerts quickly disabled, if = true

[Arrows Email Alert] / [Arrows Sound Alert] / [Arrows Pop-up Alert] / [Arrows Send Notifications] - activate/deactivate different types of signals, when the Arrow Signal appears

 

Visual Settings:

[Use Auto Color Theme]: use a preset Color Scheme

[Select Color Theme]: Dark/Light theme selection, if [Auto Color Theme] = true

[Panel Size Scale (0.5 – 2.0)]: changes the scale of the indicator control panel

All of the following graphical settings will allow you to turn signals On/Off and completely change the color scheme. To use custom color settings, please do not forget to disable automatic theme selection: [Use Auto Color Theme] = false

 

Connecting and Testing Custom Indicators:

The Custom Indicator Testing Module is used to connect and test your own indicators instead of built-in Strategies. This module works with most of the Arrow Indicators, automatically detecting their working principle. You only need to specify the 'Indicator Name' and 'Graphical Buffers', in which the indicator draws arrows. Scalper will do the next steps automatically.

1) Run Scalper and set [Select Strategy] = Custom Indicator

2) Enter the name of the Custom Indicator manually from the keyboard [Custom Indicator Name]

3) Select the graphic buffers of the Custom Indicator that displays arrows: Usually for 'Buy used Buffer-0', and for 'Sell used Buffer-1'

4) Make sure that the Signal Arrows of the Custom Indicator match the Signal Arrows that Scalper has built

5) After that, we can use the Scalper indicator in the normal mode but receiving signals from the Custom Indicator

Advantages of Bot Scalper Indicator Pro:

1. Accurate Trend Detection: Leveraging advanced algorithms, Bot Scalper Indicator Pro offers precise trend analysis, enabling traders to capitalize on market movements effectively.
2. Automated Trading Statistics: The indicator automatically calculates crucial trading statistics, empowering traders with valuable insights into their trading performance and profitability.
3. Versatility: Compatible with any trading instrument and time frame, Bot Scalper Indicator Pro accommodates diverse trading strategies and preferences, catering to both novice and experienced traders.
4. Customization: Traders can easily integrate their own arrow indicators into Bot Scalper Indicator Pro, allowing for personalized trading strategies and enhanced profitability.
5. Lifetime Updates: Purchasing a licensed product directly from the author ensures lifetime free updates, contributing to ongoing improvements and feature enhancements.

Disadvantages of Bot Scalper Indicator Pro:

1. Cost: While Bot Scalper Indicator Pro offers valuable features, it comes at a cost. Traders must invest in a licensed version for full access to its functionalities.
2. Learning Curve: Utilizing advanced trading tools like Bot Scalper Indicator Pro may entail a learning curve for novice traders, requiring time and effort to master its capabilities effectively.

Optimizing Bot Scalper Indicator Pro for Success:

To maximize the benefits of Bot Scalper Indicator Pro, traders can optimize its settings based on their trading preferences and market conditions. From selecting trading strategies to customizing alerts and visual settings, meticulous configuration ensures tailored trading experiences and enhanced profitability.

Bot Scalper Indicator In Action 

Conclusion:

In the dynamic realm of forex trading, having the right tools at your disposal is paramount. Bot Scalper Indicator Pro emerges as a powerful ally, offering advanced trend detection, automated trading statistics, and versatile customization options. While it presents certain costs and learning curves, its potential to unlock trading opportunities and amplify profitability makes it a compelling choice for traders seeking an edge in the forex market. By harnessing its capabilities and optimizing its settings, traders can navigate the complexities of forex trading with confidence and precision.

Download Bot Scalper Indicator

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

Disclaimer: Trading forex involves inherent risks.