Elastic Trader pro is a VERY powerful scalper as well. This Indicator does not repaint. What you see on your chart, is what it stays with. Another exceptional feature about Elastic Trader pro is that you can add it to your existing forex system you may have. It can be used as your main indication or confirmation.
You may also want to improve it further by adding additional filters such as a moving average and trend filter or overbought/oversold oscillators but in saying that it can be used as a standalone strategy provided that you use sensible money management as you should with any manual.
Green arrow means buy and Red arrow means sell
The Elastic Trader gives you clear color-coded and arrow signals for entries at price limits as it looks to catch the markets bouncing in the opposite direction. Green arrow/zone means buy and red arrow/zone means sell; it is as simple as that! Any trader can use it to ensure that you use a suitable money management strategy for your goals.v