Forex Turbo Scalper is a signaling indicator from famous Rita Lasker. Indicator searches any opportunities for reversal, so it could be a correction of a trend sometimes, hence it is recommended to use the indicator for scalping.
Signals:
- Blue line: uptrend,
- Red line: downtrend,
- Yellow – flat.
It is better to choose amount of profit and loss for every single currency pair. The indicator is configured for trading on M5 and M15 for EURUSD and GBPUSD.