Hunting Cat Scalper 3.0 EA MT4

Hunting Cat Scalper 3.0 EA MT4

The Camarilla Points Indicator MT5 is a technical tool derived from a formula created by Nick Scott. Traditionally, Camarilla levels consist of four support lines (L1–L4) and four resistance lines (H1–H4). However, the version used in MT5 often extends this to 10 levels by integrating Fibonacci ratios, making it more precise and flexible.

These additional levels help traders identify micro-support and micro-resistance zones, making the indicator especially useful for short-term trading, scalping, and intraday analysis.

 How the Camarilla Levels Work

The indicator calculates support and resistance lines using the previous trading session’s:

High

Low

Close

The resulting levels can predict potential turning points. When price approaches or breaks these levels, traders can anticipate movement direction.

 Support Levels (L1–L5)

The lower Camarilla levels represent zones where buyers may step in. If the price bounces from these levels, it often indicates a bullish reversal. The L4 and L5 zones are the strongest support lines and are commonly used for Camarilla Buy Signals.

 Resistance Levels (H1–H5)

These levels show areas where selling pressure may appear. If price fails to break above these zones, a downward reversal is likely. The H4 and H5 lines are typically used to spot sell opportunities or short entries.

 Camarilla Points Indicator MT5 Buy/Sell Signals

The indicator provides clear, rule-based trading signals:

 Buy Signal Conditions

Price touches or dips below the L4 or L5 zone.

A bullish candle forms, confirming a reversal.

Optional confirmation: RSI oversold or MACD bullish crossover.

This approach allows traders to catch trend reversals early and benefit from strong upside momentum.

 Sell Signal Conditions

Price rises to the H4 or H5 resistance lines.

A bearish candle confirms rejection.

Optional confirmation: RSI overbought or MACD bearish crossover.

Traders often combine the Camarilla indicator with a trend filter to eliminate false signals in choppy markets.

 Best Timeframes for Camarilla Trading

While the indicator works on all timeframes, it performs best on:

H1

H4

Daily

Lower timeframes may produce noise and false breakouts. However, experienced scalpers can still apply the tool on M5 or M15 with tight risk management.

 Advantages of the Camarilla Points Indicator MT5

Accurate support and resistance mapping

Fibonacci-enhanced levels for deeper precision

Works for scalping, intraday, and swing trading

Helps identify trend reversals and breakout zones

Simple visually, yet extremely powerful

Beginner-friendly and easy to interpret

Conclusion

The Camarilla Points Indicator MT5 is one of the most reliable tools for identifying support, resistance, and potential breakout levels. Its ability to combine traditional pivot points with Fibonacci ratios makes it an essential indicator for every MT5 trader.

If you’re seeking an accurate support-resistance system, this indicator can significantly improve your analysis and trade timing.
You can download the Camarilla Points Indicator for free from IndicatorForest.com and explore many other professional MT4 and MT5 tools.