The AFSTAR indicator for Metatrader 4 is an easy to use Forex scalping indicator that delivers quick profits on the lower time frames.
The indicator analyses the chart for quick scalping opportunities that may arise during the various trading sessions.
The best results were achieved during the most volatile trading sessions (London & American).
Naturally, the AFSTAR indicator works on any time frame and currency pair of your preference.
Indicator Example Chart (EUR/USD M5)
How to trade with it (example)?
Open a buy scalping trade as soon as the light-blue AFSTAR arrow gets printed on the chart.
Open a sell scalping trade as soon as the magenta AFSTAR arrow gets printed on the chart.
Exit the trade for 8-15 pips profit.
Utilize a short-term stop loss to minimize your losses.
Feel free to use your own favorite trading method to open and close trades with the AFSTAR Forex indicator.
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Periods, average, color settings & style
Indicator type: trend
Repaint? Does not repaint the signal arrows.
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the afstar-indicator.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.