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Arrow Indicator for Market Direction
Oracle Scalper, developed by Andrey Kozak, is a specialized arrow indicator designed for MetaTrader 4 that displays red and blue arrows to indicate market direction for scalping strategies. This indicator is particularly useful for traders who prefer visual signals and quick market entry/exit decisions. Priced at $69 USD, this tool represents a focused solution for scalping traders.
The indicator uses a combination of technical analysis methods including averaging periods, channel boundaries, momentum indicators, and SAR (Stop and Reverse) calculations to generate trading signals. It's designed for traders who want clear visual cues for market direction without the complexity of multiple indicators cluttering their charts.
Based on our comprehensive analysis of Oracle Scalper, here's what our AI system found and what it means for you:
What this means: The indicator shows moderate accuracy in signal generation. At 72%, it's below the 80% threshold we consider good, indicating some inconsistency in trade signals. This suggests traders should use additional confirmation before entering trades based solely on the arrows.
What this means: With a profitability score of 7/10, this indicator shows decent profit potential but not exceptional. This indicates it can generate profits in favorable market conditions but may struggle in choppy or sideways markets where arrow signals can be misleading.
What this means: Good speed rating indicates the indicator responds well to market changes and generates signals in a timely manner. This is important for scalping strategies where quick entry and exit decisions are crucial.
What this means: High reliability score suggests the indicator is stable and consistent in its calculations. The technical foundation using averaging periods, channel boundaries, and SAR calculations provides a solid base for signal generation.
Our AI analysis recommends Oracle Scalper for experienced scalpers who can combine it with other analysis. With good usability (8.8/10) and decent reliability (8/10), this indicator works best as part of a comprehensive trading strategy rather than a standalone solution.
Best suited for: Traders who prefer visual signals and want to combine arrow indicators with their own market analysis. The clear red and blue arrows make it easy to identify potential entry points, but confirmation from other indicators is recommended.
Consider this indicator if: You're an experienced trader who wants visual market direction signals and can supplement the arrows with additional technical analysis for better accuracy.
Clear red and blue arrows indicate market direction for easy visual trading decisions. Perfect for traders who prefer simple, straightforward signals without complex calculations.
Designed specifically for scalping strategies with quick entry and exit signals. The indicator responds rapidly to market changes, making it ideal for short-term trading approaches.
Uses averaging periods, channel boundaries, momentum indicators, and SAR (Stop and Reverse) calculations to generate reliable trading signals based on proven technical analysis methods.
Works across different timeframes, allowing traders to use the indicator on M1, M5, M15, H1, and higher timeframes depending on their trading style and preferences.
Priced at $69 USD, Oracle Scalper offers good value for traders looking for a reliable arrow indicator without breaking the bank on expensive trading tools.
Developed by Andrey Kozak with ongoing support and updates. The indicator comes with documentation and setup instructions for easy installation and configuration.
Oracle Scalper provides clear visual signals with red and blue arrows, making it easy for traders to identify market direction without complex analysis. The indicator is designed for traders who prefer straightforward, visual trading approaches over complicated mathematical calculations.
Our analysis shows this indicator is specifically optimized for scalping strategies with quick signal generation and response to market changes. The technical foundation using averaging periods, channel boundaries, and SAR calculations provides reliable signals for short-term trading.
The indicator combines multiple technical analysis methods including momentum indicators and SAR calculations to generate trading signals. This multi-layered approach provides a solid foundation for signal generation, though traders should use additional confirmation for best results.
Oracle Scalper Configuration:
For detailed configuration instructions, refer to the documentation included with your purchase.
Oracle Scalper is available for purchase on the official MQL5 marketplace for $69 USD. The purchase includes the indicator file, documentation, and setup instructions for easy installation on MetaTrader 4.
Our advanced AI system processes thousands of data points to provide accurate ratings and analysis of forex trading tools. Unlike human analysis, our AI can:
Analyzes live market data, user reviews, performance metrics, and technical specifications simultaneously across multiple sources.
Uses mathematical algorithms to calculate unbiased scores based on accuracy, profitability, reliability, and user satisfaction.
Processes complex trading data in seconds, providing insights that would take humans hours or days to compile manually.
Identifies hidden patterns in trading performance, market behavior, and user feedback that human analysts might miss.
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Oracle Scalper is priced at $69 USD on the official MQL5 marketplace. The purchase includes the indicator file, documentation, and setup instructions for easy installation on MetaTrader 4. This is an affordable option for traders looking for visual arrow signals.
Oracle Scalper provides clear visual arrow signals (red and blue) for market direction, making it easy for traders to identify entry points. It's specifically designed for scalping strategies and uses multiple technical analysis methods including averaging periods, channel boundaries, and SAR calculations.
After purchasing Oracle Scalper from MQL5, you'll receive the indicator file. Copy the .ex4 file to your MetaTrader 4 Indicators folder, restart MT4, and drag the indicator onto your chart. The purchase includes detailed installation instructions for easy setup.
Oracle Scalper works across different timeframes including M1, M5, M15, H1, and higher timeframes. The indicator is optimized for scalping strategies, so shorter timeframes like M1 and M5 tend to work best for quick entry and exit signals.
While Oracle Scalper provides clear visual signals, our AI analysis recommends using it as part of a comprehensive trading strategy. The 72% accuracy rating suggests traders should combine the arrow signals with additional technical analysis for better results.
The developer provides support through the MQL5 marketplace, including documentation, setup instructions, and assistance with installation. The indicator comes with clear documentation explaining how to use the arrow signals effectively.