Scalping ain't easy. Markets move fast, fakeouts happen even faster… and if you’re not careful, you’ll be chasing candles like a headless chicken. Sound familiar? That’s where the Fade Scalper Indicator V2 MT4 comes in.
It’s a purpose-built MT4 indicator tailored for scalpers who love fading price extremes – catching those micro-reversals when price gets too greedy, too fast.
Let’s break it all down – what it does, why traders are hyped about version 2, and how to install it on your MetaTrader 4 platform.
???? Overview: What Is Fade Scalper Indicator V2?
Fade Scalper V2 is a smart reversal-detection tool for MetaTrader 4, designed to help you fade overbought and oversold price action on lower timeframes (like M1, M5, M15). Rather than chasing breakouts, this tool does the opposite – it watches for exhaustion, volume divergence, and volatility squeezes to identify when a price pullback is likely.
It’s especially useful for:
- Scalpers who thrive on rapid-fire entries and exits.
- Traders who hate martingale and want a logic-based tool.
- Anyone looking to fade spikes, overextensions, or fakeouts.
This version improves upon the original by adding trend filters, MTF context (multi-timeframe awareness), and improved alert conditions to make your scalping sharper and faster.
And yes—it works on most assets: forex, metals, crypto CFDs, indices… you name it.
???? Key Features of Fade Scalper Indicator V2
- Contrarian Signal Engine – Fades short-term overbought and oversold conditions using price action and volatility.
- 1–2 Candle Precision Entries – Designed for scalping entries with low drawdown and rapid exits.
- Works Best on M1 to M15 Timeframes – Fast trades, fast profits (with discipline).
- No Repaint – Signals do not disappear after the fact. What you see is what you trade.
- Trend-Aware Logic – Includes optional trend filters so you don’t fight strong directional bias.
- Clear Signal Arrows – Buy/sell markers with pop-up, sound, and push notifications.
- Smart Take-Profit Zones – Visual target levels based on recent price structure.
- Works on Any MT4 Pair or Asset – Forex majors, minors, crypto pairs, commodities, indices.
- Low CPU Load – Lightweight and fast for live trading or testing on multiple charts.
- Full Alerts – Customizable alerts via MT4 (desktop, push, sound).
- No Martingale, Grid, or Dangerous Logic – Just clean reversal signals.
???? Backtest Insights & Real-World Scalping Behavior
While indicators don’t execute trades themselves, many traders backtest Fade Scalper V2 using strict scalping rules.
Here’s how it typically performs when used with proper risk control:
- Tested Timeframes: M1, M5, and M15
- Pairs: EURUSD, GBPUSD, XAUUSD, BTCUSD
- Typical Strategy: Fade signal → quick TP (5-15 pips) → SL (3–8 pips)
- Win Rate (Well-Trained): 70–80% on consolidating sessions
- Average Risk-Reward: Around 1:1 to 1.5:1, depending on market condition
Traders report that it performs best during London and early New York overlap. Avoiding high-impact news is critical.
⚙️ How to Install Fade Scalper Indicator V2 in MT4
Getting started is easy—even if you’re not a tech wizard.
Here’s the step-by-step:
- Download the indicator from YoForexEA.com.
- Open MetaTrader 4.
- Go to File > Open Data Folder.
- Navigate to
MQL4 > Indicators. - Paste the
.ex4file into the folder. - Restart MT4 or refresh the Navigator panel (Ctrl+N).
- Drag “Fade Scalper V2” onto your chart.
- Adjust inputs like:
- Sensitivity
- Trend filter
- Alerts on/off
- Signal colors
Here’s a preview of the settings interface:
Pro Tip: Use it with YoForex’s Beginner EA Guide for context on how to combine indicators with EAs. Check it out here.
???? Why Fade Trading? Why Now?
Most indicators teach you to “follow the trend.”
But trends exhaust.
Markets breathe.
And sometimes, the smartest trade is to fade—to catch that breath and capitalize on temporary overextensions.
Fade Scalper V2 helps traders spot those moments. It doesn't claim to be magic. It doesn’t promise 100% wins. What it does offer is structured logic to help you avoid emotional entries and time your fades with confidence.
???? Why Choose Tools from YoForex?
Simple – because YoForex doesn’t charge a dime for tools that actually work.
YoForex stands out by:
- Offering free trading tools that many charge $99+ for.
- Backtesting every release before publishing.
- Maintaining a transparent team of real traders & devs.
- Providing lifetime support via Telegram and WhatsApp.
- Constantly updating indicators with community feedback.
Want to learn more? Visit our About Us page.
???? Support & Risk Disclaimer
Got a bug? Or maybe you’re confused by a signal?
Just drop us a message. We’re real humans (with keyboards), and we’ll help you out quick.
- WhatsApp Support: Click to Chat
- Telegram Group: Join Here
Disclaimer: Fade Scalper Indicator V2 is a technical analysis tool. It does not execute trades or guarantee profits. Past performance is not indicative of future results. Always test on demo before trading live. Use responsible lot sizing and proper stop loss protection.
