Presently,Forex seems to be one of the most profitable investment for short-term investors. In fact,to profit from Forex,you will mostly see chart and then complete an order. If you know how to sell/buy and take profit the correct way,you will certainly win.
But guy,nothing is easy as you think. Of all 100 traders,just 10 of them can really profit from it. There’s a lot of thingthing to analyze such as trendline,MACD,RSI,Money Flow,etc.
In order to become successful,you definitely need them to master it. Now,i’m going to show you a forex signal,X Scalper,which i am currently using and really trust it.
What Is X Scalper?
At first,X Scalper is a scalping indicator (Not EA/Robot) that works on ALL pairs and M1/M5 timeframes. This indicator generates super accurate BUY/SELL signals on your chart. Besides,It alerts you about every new signal with email, sound pop-up or push notification sent to your mobile. Actually,it generates line based on an upcoming trend.
“X Scalper” draws two dashed lines along with the main BUY/SELL signal lines. These dashed lines
indicate strong trends, help to avoid entering bad trades and also allow you to stay in trade ignoring other signals and keep making profit until trend reverses.
How Does X Scalper Works?
Before you read my review,please note that i will review it as a trader,not a marketer. Personally,i spent time everyday to perform technical analysis so that i am very understanding about forex. Once again,i’m not trying to scam you,i will show you exactly how to do. I know X Scalper after reading user guide and a chat on Skype with the support team.
In the user guide of X Scalper,you will see how to install it. Once again,it’s a forex signal so you will need a forex account on your desktop first. You should only use some big and trusted brokers such as ThinkForex or Etoro. The broker Karl Dittman recommend is Forex.com
In order to setup,you will need a Clickbank receipt. X Scalper is currently powered by Clickbank,you can get it here.
After that,you just need to download the file. There are 2 file you need to download,the exe file and the ddl file,all will be mentioned step by step.
Currently,the exe file is for Windows so that if you use Mac like me,you will need Parallel or Bootcamp Window.
This is how you will see after setting up. Remember,you need to see this everytime you open your Mt4 account.
If you notice,all of his products also let you see this,it’s super simple to understand.
2.Usage of X Scalper
Now,i will show you how X Scalper generates blue and yellow signals. In fact,X Scalper is an indicator that generates the upcoming trend line and how strong it is.
a.Background of T.A
One of my rules before making a buy is to see the trend first. Personally,i just buy when the pair has an uptrend and just sell when the pair has a down trend. This type of trading will reduce risk but definitely not maximize profits.
However,not all are correct and in fact,if you can determine money flow,you may be at risk of buying at top or selling at bottom. Certainly,you will lose for that trading.
X Scalper generates blue/yellow when it guess a signal of reversion or correction of forex pair.
b.Methods X Scalper Applies
X Scalper doesn’t just generate upcoming trend line,it also shows you how strong it is. As we know,when an asset is on a real uptrend,it normally continues to grow.
The rule of X Scalper is to buy when blue line appears.
And to sell when yellow line appears.
Here’s how it works on chart.
In this example,as you can see,when yellow line first appears,it starts to go down. Although price increases but you see,yellow the yellow line is crossing,not a good time to buy.
I’m not a fan of buying at bottom,this is a M5 Time Frame,which is known as changing trend super fast.
So in fact,it doesn’t just guess the upcoming trend,it also guess the cash flow. In this scenario,the cashflow is out,not in.
95 % of traders on the market are very sensitive,here’s the proof.
Blueline appears is a good time to buy. This is a real buying at bottom.
As i mentioned before,when price has a clear uptrend,it will continue to go up.
When you see the blue signal cross like this,don’t buy.
Because it will go down.
But sometimes,X Scalper can generate downtrend,uptrend and then downtrend like this.
X Scalper has 4 main trading styles,the example above is Conservative. Here are they.
- Conservative – Concentrates on safety rather than on speed of signals
- Medium – Combination of conservative and aggressive
- Aggressive – Concentrates on speed of signals rather than
- Custom – Allows you to take full control of the signals and manually configure them to match your
Here’s what you need to setup into your parameters.
Popuo Sound,Email Alert and Push Notification will automatically ping whenever a reversion,correction appears. They are all in-built with algorithm.
And that’s all i can inform you in this review post. Basically,as a trader,i would say X Scalper is legit.
Pros of X Scalper
- 1 Real Account and Unlimited Demo Account
- Accuracy Sell/Buy Signal
- Work with various time frames
- Integrate all MT4 Platform
- Easy interface and easy to manage
- Three Types of Alerts
Cons of X Scalper
1.Not Always Correct
When trading with X Scalper,keep in mind,you are scalping. Scalping is like you see the chart and then make an order based on trend,price. But guys,nothing is 100% correct,even an exprt. Besides,Karl Dittman recommends you to stop loss if you lose 1%-3% so that himself even knows it’s not always correct.
In summary,X Scalper is a nice forex signal that you can have a try. I personally tested his other products so that i think it’s another high quality signals that you can benefit. If you are not a full-time trader,it’s OK to have a try with X Scalper,it’s really accurate and reliable for forex traders. The most important factors of this signal is that it can detects reversion as well as how strong a scalp is.