---
title: 'Best 4 Free Indicators for a Scalping Strategy (ORB - EMA - Fibonacci)'
source: 'https://youtube.com/watch?v=Euq_JDOf8Ls'
video_id: 'Euq_JDOf8Ls'
date: 2026-08-10
duration_sec: 557
channel: 'تداول مع بات'
---

# Best 4 Free Indicators for a Scalping Strategy (ORB - EMA - Fibonacci)

> Source: [Best 4 Free Indicators for a Scalping Strategy (ORB - EMA - Fibonacci)](https://youtube.com/watch?v=Euq_JDOf8Ls)

## Summary

The video presents a scalping strategy for the New York session, built on four free indicators: ORB, 200 EMA, Fibonacci Retracement, and Fibonacci Extension. The trader explains how to set up each indicator on TradingView and how to combine them for entries and profit targets.

### Key Points

- **ORB Range Setup** [01:35] — The strategy uses the ORB indicator to define the opening range from 9:30 to 9:45 AM (UTC-4), which is the New York Stock Exchange open. A breakout and close above or below this range signals the day's direction.
- **200 EMA Entry** [02:47] — The 200 EMA is used as dynamic support/resistance. The trader waits for price to retrace to the EMA line and looks for a demand zone to confirm the entry.
- **Fibonacci Discount Zone** [04:45] — Fibonacci Retracement is set with levels at 0.5 and 0.786. A pullback below the 50% level is considered a discount, especially when it aligns with the EMA or a demand zone.
- **Trade Management** [07:14] — The stop-loss is placed below the lowest point or shadow of the entry candle. The first profit target is set at the 0.5 or 1.0 level of the Fibonacci Extension, and after hitting it, the stop is moved to breakeven.

## Transcript

My new scalping strategy has caused a sensation in the trading world. I absolutely love it! Just in the trading world. I absolutely love it! Just Look at my live stream history; it speaks for itself. I consistently achieve winning trades in front of
thousands of viewers using the same scalping strategy, at the same time every day, and scalping strategy, at the same time every day, and relying on the same four indicators. Listen, I'm not making promises or guaranteeing any results. All I hope is that you learn what works for me. Now, let's count down the
four best indicators that my scalping strategy relies on, and I'll explain the entire process to you step by step. Just click the like button and subscribe to the channel. Let's start with like button and subscribe to the channel. Let's start with indicator number four: LAX ORB GO. The first
step is to go to the charts on ingvviewwdt.com. The site is completely free. Then, go to the top of the screen and click on Indicators. Then, look for ORB Opening Reg and Breakout In Target Bilax GO. Click on it to activate it.
These indicators will help us determine the market direction during the New York session. The first thing you should do is go to the bottom corner.  On the right side of the screen on the TradingView website, make sure that the time zone is UTC minus A. Double-click on the indicator to open the settings and
set it to a time period from 1:30 AM to 45 AM with a time frame of 15 minutes. Then turn off any additional unnecessary options and OK. With this, we have completed the free version of TradingView.  In the second step, the indicator automatically determines the
price range between 9:30 and 45 AM, which is the opening time of the New York Stock Exchange. When looking at the candles for this period, 305 and 49, you can see the range that has been determined, with the upper limit at the top and the lower limit
at the bottom.  The importance of this range lies in the fact that institutional buyers and sellers enter the market daily during this period, making it a crucial moment that significantly influences the
market's direction. The third step is simply waiting for candles to break through and close above or below our secret range while observing the chart's movements. This is precisely what we're looking for: we want to see a candle break through the range and then close
outside of it. This gives us a clear indication of the market's direction. If this breakout and close occurs upwards, it means the market is leaning towards an upward trend for the day, and therefore we begin searching for buying opportunities according to the scalping strategy during the New York session. Now let's move on to the
next tool, indicator number three: the Exponential Moving Average. We'll continue working on the same chart. Go here and type EMI, and we'll select Exponential Moving Average. Now just double-click on the indicator we added, and you can copy its settings as they are: 200, Close 0,
you can copy its settings as they are: 200, Close 0, Naan 142. Then click OK. The beauty of the EMI indicator is that it often acts as support or resistance, and therefore we can use it as an entry point for trades.  We completed the first step by setting the indicator. The second step is simply
waiting for the price to reverse. Let's go back to one of the live trades I executed on the broadcast. You'll notice that I was waiting for the price to move back towards the EMI line. Since this trade was live, it wasn't perfect. You'll see that the EMI line was here, and I entered
the trade at a slightly lower point, but the difference was small and acceptable. What also encouraged me to make this trade was the presence of a strong demand zone at this level. Now, if we move to another example from the live broadcast, you'll see that I entered the trade almost
exactly at the EMI line. I sent this trade to the broadcast subscribers, I sent this trade to the broadcast subscribers, and it actually reached its target, achieving a precise entry,
or what's known as a sniper entry, at the EMI level. So, it does n't depend solely on the EMI, but it's a powerful tool that helps you identify precise entry points. Now let's move on to the second indicator in the Fibonacci Retracement. This next tool will help you buy
at the bottom and sell at the top. Go to the left side of the screen and click on Fibonacci.  You can place the Fibonacci Retracement tool on any part of the chart, then adjust part of the chart, then adjust the settings as follows: 0.5100.786
entire setting as you wish. Excellent! And with that, we have completed the first step: I have my Fibonacci settings. The second step is to draw the tool on the chart. Okay, now let's click on the Fibonacci Retracement tool and select it from
this area to this area. Here, that is, from the bottom of the move to the top of the move. This means we are identifying the lowest and highest levels of the current market. Simply put, what we want to do is wait for the price to return and fall below the 50% level. Any
price movement below this level is considered a discount or a good buying opportunity. As you can see, the price has now retreated and reached below 50%, and it is close to the EMI level, where it enters the demand zone. This is an important signal to buy. We have many reasons to enter a trade, but there are two ways to use the
Fibonacci Retracement tool. Let me explain the second method to you.  In this method, we want to draw support and resistance levels clearly. As you can see here, we have a clear resistance level at the top and a here, we have a clear resistance level at the top and a clear support level at the bottom.
to measure the distance between the support and resistance levels. In this way, you will see that any price below this level is also considered a low price or a discount because we want to buy from low price or a discount because we want to buy from support zones and sell from resistance zones.
The distance between these two levels is large, and this means that we get a price once at a means that we get a price once at a low price. before, which is entering trades at these low levels. We want to wait until the
price reaches a state of exhaustion, meaning that the price has declined significantly and reached a level that shows the exhaustion of the movement. Do we really want to sell when the price has fallen to this degree?
No, it hasn't really dropped almost completely. This means that selling at this stage might not be a good decision now that the price has reached a point of exhaustion. We want to attract a buyer. It's time to move on to the last indicator, which is the number one indicator in the Fibonacci Extension. Before I show you
this last indicator, if you're looking for a good trading platform, I recommend the broker Triple EFX. This is the broker I've used for all my trades since 2025. Spreads are low, and there are few currencies. The link is in the description. Registration is completely free. Now let's
move on to the fourth indicator for this tool. I want you to go back to the Fibonacci Retracement tool and place it on the chart again wherever you want. Then double-click on it, go to Template, click Save As, and type "Retracement" so
you remember what this template is for. Next, we'll create a new template called Extension. Copy create a new template called Extension. Copy these settings exactly as they are, then go back to the tool and save it as a template named Extension. Take your time reviewing these settings.
You can pause the video.  Temporarily, if you like, and return to it whenever you want. These are the settings. Now let's talk about the profit target and stop-loss. My stop-loss is here, and it's this large red square. I placed it below this shadow you see here. As you can see, I placed the
stop-loss directly under the shadow. I also placed it below the lowest point in the range. This is where my stop-loss is. I always start by setting the stop-loss first, then I set the profit target based on the stop-loss. How do I do this? I use the Extension tool.
below the stop-loss at this point, then drag it to the beginning of the trade and extend it like this. drag it to the beginning of the trade and extend it like this. our trading position. So, I usually set two profit targets. For example, I achieve the
set two profit targets. For example, I achieve the first partial profit at the 0.5 or 0.1 level. In this trade, I achieved the target at 0.1 for one. Now let me drag this to the 1 level. This means that the risk-to-reward ratio is one to one.  Once the trade starts, you'll notice that I achieved my
first profit target almost immediately. After reaching the profit target, I usually move the stop loss to the breakeven point, making the trade risk-free. Then, making the trade risk-free. Then, I look for a second profit target.
You can raise the profit target to 1.5, 2, or even 2.5, 5, or 3, meaning reaching the full peak. In this trade, I remember targeting a level close to this one,
targeting a level close to this one, which was slightly above 2.5. You can see there was some fluctuation or consolidation around this area, and I thought this might slow the trade down area, and I thought this might slow the trade down a bit. Now, let's go back to that trade, and
you'll see how it moves in the direction I want and achieves the profit target at a level slightly above 2.5, almost 5, achieves the profit target at a level slightly above 2.5, almost 5, four best scalping indicators that suit my strategy.
I hope this was helpful. If you liked this video, don't forget to hit the like button, subscribe to the channel, and leave a comment. Consider watching this video here or this other one. I'll video here or this other one. I'll definitely be back next week. All my
definitely be back next week. All my love.