Zeus Forex Scalping Indicator

This system utilizes TMA bands, which are represented by the blue and red bands. These bands are the most crucial component of the system. They plot the upper and lower channels in the main chart window. When the price hits the upper channel, it suggests that the market is entering an overbought condition. Conversely, when the price touches the lower band, it indicates that the market is in an oversold condition.

For scalping, this system performs exceptionally well on M1 or M5 timeframes, though it can be used on any timeframe. If you're using it for binary options, a 1-minute chart is ideal for a 15-minute expiration, while a 5-minute chart works well for a 30-minute expiration.

The Zeus Indicator System can provide trading signals as they are, or you can enhance them with your additional chart analysis for further filtering, which is recommended. While traders of all experience levels can use this system, it is advisable to practice trading on an MT4 demo account until you become consistent and confident enough to trade live.

Forex Scalping Indicator Trading Rules
The current price is likely moving within the red and blue bands. When the price approaches the edge of the upper or lower band, you should be vigilant for a trading opportunity.

For scalping, it works great on M1 or M5 timeframes, though it can be used on any. We also recommend observing support and resistance levels when entering trades.

Buy Signal or Call

• The price breaks through the lower border of the channel.
• A green arrow points upward.

Sell Signal or Put

• The price breaks through the upper border of the channel.
• A red arrow points downward.

If using the Zeus Indicator for Binary Options:

• Use a 1-minute chart for a 15-minute expiration.
• Use a 5-minute chart for a 30-minute expiration.