GT SCALPER Indicator MT4 is a NON-Repaint indicator system that gives easy-to-use buy/sell signals. It usually being sold for 29$ a Life Time. It comes with an ON-SCREEN dashboard with useful information like ATR, daily high-low, spread, and Trend.
GT SCALPER is a unique combination of the latest and most advanced technologies with the simplicity of use. It will make your analysis much more precise and your trades more accurate.
Thanks to the smart trend analysis calculation mechanism, you will recognize the trending market and you will be able to open transactions in line with the big traders. It will also tell you when to take a break from trading (flat market) on particular instruments.
SCALPER Indicator system can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
System overview
System contains three sections.
- Entry/Exit arrow
- Histo + XS (Entry Confirmation)
- GT MATRIX (Additional Trend Confirmation)
How does it work
For the most accurate signal, we need the match of four signals, as described below:
Buy Signal
- GT Matrix blue
- Blue arrow
- Blue Histo
- Blue SC XS
Sell Signal
- GT Matrix white
- White arrow
- White Histo
- White SC XS
A few more trading examples from the official website:
GT Matrix Indicator
Matrix indicator provides simple and fast market analysis.
White Pair – Means sell market
Blue Pair- Means buy market
Black Pair – Means wait (Consolidation or trend change)
You can change the trading instruments in the indicator settings. Just switch/add/remove the pairs with the one you like. You can put any trading instrument available in MT4 platform (also commodities/stock/cryptos etc.)
Stop Loss order should be placed in the technically best place:
- The last swing high (for the SELL trade)
- The last swing low (for the BUY trade)
- At the round number
- Close to important support/resistance area
To set Take Profit you can use:
- Opposite signal
- Risk to reward ratios (for example: if your stop loss = 15 pips, set your TP at 15 or 30 pips – depending on the market volatility).
Read more in the manual.
Handful of advice
- Before trading, always make sure that the market does not expectany important data. If something “big” appears in the news calendar, it’s better to wait for their announcement and later join to further
- Always try to trade on major sessions when the volatility is the
- Do not overtrade. Try to Focus on quality trades (the more tradesopened at the same time, the harder is to control the risk).
In the archive GT_Scalper.rar (1.09 MB):
- GT SC ENTRY F.ex4
- GT SC ENTRY N.ex4
- GT SC ENTRY S.ex4
- GT SCALPER XS.ex4
- GTSCALPER_Dash.ex4
- GTSCALPER_MATRIX1.ex4
- GTSCALPER_MATRIX2.ex4
- GTSCALPER_MATRIX3.ex4
- GTSCALPERHisto.ex4
- GT SCALPER – FAST.tpl
- GT SCALPER – NORMAL.tpl
- GT SCALPER – SWING.tpl
- XSMART TRADER – SYSTEM MANUAL.pdf
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
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