The Reversal Scalping Indicator was originally designed for the Forex market, but some traders recommend using it for binary options as it generates arrow signals. In addition to signals, the Reversal Scalping Indicator v1.08 includes support and resistance levels and several useful information panels for trading, which we will cover below.
Note that the Reversal Scalping Indicator is a paid tool, priced at €179 on the author's website, but you can download it for free from our site for review purposes.
Key Features of the Reversal Scalping Indicator
- Terminal: MetaTrader 4.
- Timeframe: M1–D1.
- Expiration time: N/A (the indicator is largely ineffective for binary options trading).
- Option types: Call/Put.
- Indicators: Reversal Scalping Indicator.ex4.
- Trading instruments: currency pairs, stocks, cryptocurrencies, commodities.
- Trading hours: 08:00–21:00 UTC.
- Recommended brokers: Quotex, PocketOption, Binarium.
Installing the Reversal Scalping Binary Options Indicator
The indicator is installed using the standard MetaTrader 4 process.
MetaTrader 4 instructions for installing indicators:
Reversal Scalping Indicator: Overview and Settings
As mentioned above, the Reversal Scalping Indicator includes not only binary options signals but also a set of information panels useful for both binary options and Forex trading. There are three such panels:
- Trade information panel;
- Trend direction panel;
- Session panel (trading session times).
The indicator settings allow you to enable or disable any of the panels and toggle alerts. For signals, only their display can be configured:
The panel in the upper left of the chart is the trade information panel. It displays:
- Current trading asset;
- Spread;
- Time remaining until the current candle closes;
- Daily price change since market open;
- The current active trading signal;
- (Forex only) Market entry price;
- (Forex only) Take profit;
- (Forex only) Stop loss.
The panel in the lower left of the chart is used for identifying the current trend across different timeframes. It can also indicate ranging (flat) conditions, not just directional market movement:
The third panel displays the currently active trading sessions:
Signals from the Reversal Scalping Indicator v1.08 are displayed as arrows and include markers indicating whether each signal was profitable or unprofitable:
Each signal is also accompanied by micro-levels showing the entry price, take profit, and stop loss — though these are only relevant for Forex trading:
Reversal Scalping Indicator Trading Rules
Trading with the Reversal Scalping Indicator is straightforward in principle — all that is needed to open a position is a signal. A green arrow indicates a Call (Buy) signal; a red arrow indicates a Put (Sell) signal. An expiration time of up to 10 candles on the current timeframe can be used, though we will discuss this in more detail below. The indicator also includes alerts that appear alongside the arrows:
There are several tips that can improve your chances of a successful outcome. Pay attention to the active trading session — it is best to trade during the London and New York sessions. Also check how far the asset has moved since the market opened: if the rise or fall exceeds 150 points, it is better to avoid trading that asset:
The trend panel is also worth consulting, as it is relatively insensitive to short-term price fluctuations and often reflects the true market direction well:
| Flat | Trend |
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Reversal Scalping Indicator v1.08 Signals and Trading
Now that the trading rules are clearer, it is worth addressing the indicator's claimed performance. The author states that 85% of signals are profitable — which is inaccurate. The developer's website also claims that the indicator is built on a highly complex mathematical model capable of detecting market reversals and identifying the beginning and end of trends — a claim that is equally unsupported by the evidence.
A closer look at the historical signals shows that the profitable rate is well below 85%:
That said, this does not mean the Reversal Scalping Indicator v1.08 is unsuitable for trading altogether. By testing it thoroughly and applying signals only in the direction of the trend, experienced traders may achieve a win rate of approximately 70–80% on the Forex market. Beginners, however, should avoid using this indicator.
For binary options specifically, this indicator is best avoided — especially for beginners — because it is very difficult to set a meaningful expiration time. The reason is the prevalence of signals like the ones shown below:
As shown in the image above, after a signal is generated, the price often moves in the opposite direction for a period before reversing toward the signal direction — making these signals very difficult to use for binary options.
Conclusion
The Reversal Scalping Indicator can be used for Forex trading — but only after thorough testing on a demo account and backtesting on historical data. If you plan to take all signals without filtering, expect a win rate of no more than 60%.
For binary options, the indicator is very difficult to use effectively. The price frequently moves against the signal before eventually turning in the indicated direction, making it nearly impossible to set an appropriate expiration time.
If you do decide to use the Reversal Scalping Indicator in your trading, make sure to follow the principles of money management and risk management, and trade with a reliable broker — you can find our recommendations in the binary options broker ratings.
Download the Reversal Scalping Indicator for Free
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