Immediately after paying for the JackPot Scalping Indicator , you received a confirmation letter in which you will find a link to download this product and a manual.
If you need to unpack the archive with the product, then use any archiver program or this free one – https://www.7-zip.org/
So, you need to unpack the archive with the product and then follow the instructions below.
Set the indicator into the trading platform:
You need to open the root directory of your Metatrader 4 platform. To do this, click on the “File” menu button and select “Open data folder” in the drop-down menu:
Next – open the “MQL4” folder and copy the “JackPot Scalping Indicator” file (which you received after purchase) to the “Indicators” folder.
Reboot your trading platform so that the indicator appears in the internal menu:
Click on the “Navigator” button and find the JackPot Scalping Indicator product in the “Indicators” branch. Drag the indicator file with the cursor to the chart of quotes of any asset.
After you drag the indicator onto the quote chart window, the JackPot Scalping Indicator information panel will appear and the indicator will begin to analyze the market.
You can use this indicator on any asset. We recommend using it on currency pairs. Use 5-10 currency pairs for trading at the same time to get enough trading signals. For trading it is better to use M15 or H1 timeframe.
Trading signals of this indicator are displayed as arrows of the corresponding direction:
You can use this indicator on any asset. We recommend using it on currency pairs. Use 5-10 currency pairs for trading at the same time to get enough trading signals. For trading it is better to use M15 or H1 timeframe.
You can make a trade immediately after the arrow appears, which notifies you of the beginning of a new trend.
However, our team, after independently studying the signals of this reverse system, came to the conclusion that the best profitability (profit factor) can be obtained if you trade on a price rollback after a trading signal strategy appears. Now we will explain in more detail how to do this.
We are waiting for the JackPot Scalping indicator signal (for example, a signal for SELL is a down arrow):
We are waiting for the quotes to roll back up and touch the central line of the Bollinger Bands) and make a deal on SELL. As you can see, we made a trade at a much better level than immediately after the indicator signal:
We place a Take Profit order at the extreme lower border of the Bollinger Bands indicator and set Stop Loss at the extreme upper border of the Bollinger Bands.
As the price moves and the Bollinger Bands boundaries shift, it is necessary to move the levels of Stop Loss and Take Profit orders.
