Indicator: MarketScalper PRO Version 5.5.ex4 (Unlocked)
Template: MarketScalper Pro v5.5.tpl
One of the most advanced and profitable scalping (turning-point detection) algorithms on the market.
Specifically developed to identify and trade turning-points, swings, and retracements.
Very simple to use: drop it onto a chart, select a trading mode, and receive signals/alerts.
4 trading modes for all money management and risk appetite styles: Aggressive, High-Probability, Balanced, and even Manual if you feel like taking the indicator off autopilot.
Trade any market (FOREX, futures, CFDs, stocks, etc) at any time frame – MarketScalperPRO automatically adapts.
Stay constantly in the market by receiving audio, arrow, pop-up, and email alerts every time turning points are detected.
All alerts and signals (including arrows) issued by MarketScalper NEVER REPAINT, as they are confirmed by the program beforehand. What you see on screenshots is real-time indicator performance.
Fully customize the appearance of arrow signals to fit any template: choose from 9 different types, and hundreds of colors.
Like all my other indicators, MarketScalper PRO has been thoroughly tested for profitability. It passed all tests, and performed very strongly, especially with lower time frames (1-60min).
Receive MarketScalper PRO lifetime upgrade license, including all additional enhancements and features. The detection algorithm is frequently tweaked and improved as new market behavior emerges.
ONE PLUG-IN, 4 MODES, ENDLESS OPPORTUNITIES
FOREX and most other markets range approximately 80% of the time. Statistically speaking, that is a very large figure, and one definitely worth capitalizing on. That statistic is what gave me the idea to create a highly specialized indicator that takes advantage of those bountiful market opportunities. I’m not selling a robot or an automated trading system as I firmly believe that each trading strategy is as unique as the trader who uses it. Nor am I going to promise or guarantee any unrealistic returns. However, I am offering a very effective trading tool that caters to your money and risk management style, and seeks out ranging, swinging, and retracing market behavior.
Market Scalper PRO comes programmed with 4 modes:
Balanced, and Manual.
This is for those traders looking to take more risk, but also scalp higher rewards. The algorithm scans for turning-points more aggressively and therefore identifies them more frequently. If you trade often, and like excitement, this is for you.
The best of both worlds. This is my favorite, and indicator’s default setting. It combines reasonable risk and maximum return on investment. Most users trade with this setting.
If for some reason the first 3 indicator modes do not fit your market or time frame, don’t worry, there’s a mode for that too! Manual mode lets you define custom settings to fit your specific trading portfolio, strategy, and style. Two simple settings, Range and Sensitivity, give you the complete control over MarketScalper PRO’s behavior. One targets the magnitude of the price range, the other, risk.
The example below is manually configured for narrow range and more aggressive behavior. If you traded each signal with just 10-pip take profit…well you get the point.