Alfa Scalper is a robust expert trader offering opportunities to automate Forex trading by scalping regular small profits. The performance of the product is enhanced by using a unique adaptive scalping technology that continues to detect market conditions to provide three different profit-taking price points. As its name implies, Alfa Scalper is tailor-made to be used on 1-minute and 5-minute time frames, which helps maximize its profit potential.
According to the developer, the system can easily offer 100 pips per day, if the market is trending. When used correctly, Alfa Scalper also has the potential to offer consistent profits with a high profit-loss ratio. Its user-friendly interface is designed for all level of traders, which means that anyone can start using the system without extensive learning-curve. Overall, Alfa Scalper is an easy-to-understand and easy-to-implement automatic Forex system allowing investors to reap consistent daily profits.
There are lots of reasons why you should use Alfa Scalper for your next investment strategy. Primarily, the most significant reason to use it is the next-level trading algorithm, which takes the hassle of learning Forex strategies and implementing them. In fact, the system allows you to replicate the mind of its developer, who is also a full-time avid trader, by following basic steps. Secondly, the software offers a user-friendly interface, which is important if you are opening and closing trades within minutes.
Another stand-out feature of Alfa Scalper is its ability to provide highly profitable signals that have high profit-loss ratio. If you understand the dynamics of profit-loss, it becomes evident that you should only trade if the potential benefit of the trade greatly outweighs the potential loss. Hence, it makes sense to use a system like Alfa Scalper that uses tight stop-loss to prevent bad trades, and continues to monitor the system, in real-time, to offer profit-taking opportunities as they come. The end result is a high profit-loss ratio meaning that you will be profitable even if half of the trades are unsuccessful.
These low-risk strategies are due to a unique trend power detection system that is able to make a call whenever there is an abrupt increase in volume. If you have ever analyzed Forex chart, it should become apparent that large moves in either direction always happen in a matter of minutes. Therefore, it makes sense to follow a trend following system that is able to detect when the market is making a big move enabling the system squeeze as much profit as possible.
Unlike this unique software, a lot of Forex signals and Forex advisers will re-paint the history of their signals to make them look like more profitable to investors. Alfa Scalper does not re-paint its signals, which is yet another proof of a reliable system that does not scam traders.
How it Works?
The system works on MT4 platform. After purchasing a single license to download it, you can easily install it on your broker’s MT4. For new traders, the purchase order comes with an extensive step-by-step guide allowing the trader to set up the program within minutes. Once the Forex adviser attaches itself to MT4, it will consistently monitor the market to generate buy and sell signals.
A signal to enter the market will be accompanied by a stop-loss. As the market moves in the direction of the trade, the adaptive scalping technology will offer profit-taking points. Traders can either take full profit or they may close their trades partially to take advantage of the continuing trend. Accordingly, the system has the ability to suggest three different profit points. Each profit-taking signal is based on the risk-reward ratio of the original setup to provide maximum profits instead of leaving the trade early.
Based on individual trader’s appetite, they can set up the level of risk they are willing to undertake. For maximum profits, a high-risk strategy can be adapted, which offers extreme signal frequency with high sensitivity to trade detection. Similarly, conservative mode helps traders to test the system with low signal frequency and maximum safety net. There is also a medium mode that is suitable for investors, who are cautious, but they like to be in the middle of action.
It is interesting to note that the system can be attached to any of the charts available in the MT4 platform. Using the system on multiple currency charts will allow traders to get maximum opportunities in a single day. Before implementing the system, you can run Alfa Scalper in a demo mode to understand market dynamics and optimal trade parameters.
Price & What’s Included?
The discounted price of the software is only $149 giving the purchaser a life-time license to use it. Interestingly, the life-time license comes with full customer service support. The support is only available through email. As such, members usually get an answer to their questions within 24 hours. All updates are included in the original purchase. These updates not only include new software patch, but also come with advice on how to improve trading based on new trade ideas. After the purchase, the file is instantly downloadable for execution. Buyers also get a detailed guide and access to member-only section.
Money Back Guarantee
Just like any lucrative offer, Forex market is also full of wrong promises and scams. Such scams are normal due to the potential profits that investors can make in the market. In fact, it is essential to understand the terms and conditions of Forex product.
Developers of Alfa Scalper are aware of such false claims; therefore your purchase will come with a 30-day money back guarantee. If you are not fully satisfied with the purchase, just write an email to the owner of the software, Karl Dittman, who promises to refund the full amount without asking any reasons for cancellation.
How is the Program Different?
The software is unique because it provides signals without any repaints. It means that anyone can easily track historical signals to evaluate the accuracy and profit taking potential of the system. Besides, the risk setting feature can be adjusted to suit the trading style. Actually, Alfa Scalper is specifically made for scalpers who want a quick turn-around time. As timing of the trade entry is paramount to scalpers, the program allows easy integration with desktop computers, mobiles, and email, enabling traders to get trading alters whenever the opportunity presents itself.
Performance of the Program
While the program does not show any historical track record to prove its effectiveness, it offers specific examples to showcase its efficiency in trending as well as range-bound markets. For instance, scalpers can easily generate 100 pips in a range-bound market by buying and selling the trade whenever the market touches a bottom during an uptrend, and vice versa. By picking up bottoms and tops, scalpers can generally get three to four opportunities in a single day without waiting for big moves in either direction. Considering that the system will work with any currency pair, using Alfa Scalper, traders can get ample trade setups within few hours. Overall, the system has potential to generate plenty of profit for savvy traders.
Trading in the Forex Market – How scalping software can help?
Forex is becoming an attractive alternate to trading on the stock market. Its popularity is enhanced by the ability to trade Forex 24 hours a day and an extremely high level of leverage. However, just like the stock market, Forex trading has psychological barriers that every successful trader must overcome. These psychological barriers are related to human emotions to enter and exit the trade at wrong times. Examples of these psychological traits are visible whenever traders enter a trade only to see the price move in the opposite direction.
This phenomenon is due to the whip-saw nature of financial markets, which mostly move in a range. It generally means that the market will continuously move up and down even when the overall trend is bullish or bearish. Without understanding the dynamics of market, traders often feel that their broker is going against them whenever they try to enter a trade. In reality, Forex market is a multi-billion dollar market, which makes it nearly impossible for brokers to trade against their client to reap minuscule benefits. In addition, popular brokers are consistently scrutinized by regulatory authorities making it very difficult for them to cheat.
Realizing the emotional nature of trading, a number of financial experts have started building expert advisers and signal generators such as Alfa Scalper. In the absence of emotional urge to find consistently profitable trades and decision-making, scalpers are better off using an automated program such as Alfa Scalper that takes the emotional instinct out of the equation. If you feel that you cannot control your emotions in the market, then automated software is the best choice.
Still, investors need to realize that emotions will continue to play an important role in the overall decision-making process. For example, you need to control yourself from initiating or exiting the trade based on impulse without following the general trading guidelines. Many times, traders will pull out of the trade taking a small profit when the overall trend has just started. Besides, it is also common to start trading with greater number of lots after a profit-spree. Sometimes, the end result of trading with larger number of lots proves a disaster. Hence, experts continuously warn traders about fear and greed, which can disrupt normal trading behavior. One of the most effective methods to control the fear and greed is to select good automated trading software that can help reduce decision-making on impulse.
Strategies for Traders
There are a variety of strategies that scalpers can use by taking advantage of Alfa Scalper software. An extremely effective strategy is to fine-tune parameters to less risky settings, which will allow the system to look for very high value trades. This can be done using conservative mode on a variety of currency pairs. As a result, you can get a lot of signals during the day because the probability of a trade setup will increase with the number of currency pairs selected. Just make sure to avoid currency pairs with large spread because large bid/ask spreads are not conducive to scalping technique.
You can even also use the conservative mode on minor pairs. Minor pairs are currencies that do not involve USD. Some of these currency pairs can move more than 200 pips within 5 minutes. Examples of these volatile currencies are GBP/AUD, EUR/ZD, and GBP JPY. The average daily range of GBP/AUD is 400 pips, which is almost twice as large as EUR/USD.
If you don’t have the time to trade, try setting the system to aggressive mode. The mode will generate regular signal frequencies, which allow traders to view multiple setups within a few hours. The aggressive mode can even prove more powerful when used during peak market timings. Overall, you can get many trades in just one hour. If using an aggressive strategy, you should understand the impact of global trading sessions on each currency pair. Usually, 1:00 pm GMT is the best time to start trading USD currency pairs. In contrast, AUD and NZD will also move sharply after 10:00 pm GMT when the Australian session is in full swing. In contrast, the best time to trade Euro and British Pound is when the London session opens around 8:00 am in the morning.
Karl Dittmann, the owner of the product, personally responds to any questions regarding Alfa Scalper. Members can contact him 24 hours by email. Usually, you will get a reply within hours of sending the request. While email is the only available method of support, everyone gets life-time access to software updates and information about any changes to the system.
If you are thinking about buying Forex product, Alpha Scalper provides some significant advantages compared to other similar Forex products in the market. Some of its core features are:
• Adaptive scalping technology, which continuously monitors the marketing movements to suggest take-profit price
• Scalping techniques designed for 1-minute and 5-minute time-frames
• Ability to use the system simultaneously with several currency pairs
• Excellent price-value proposition considering the lifetime support and updates
• Personal support and commitment from the owner, Karl Dittmann
• Customized settings for various risk levels
• Support for getting real-time signals on mobile, computer, and email
Just like any software, Alfa Scalper also has few drawbacks and areas for improvement. These are:
• Limited customer support available only through email
• Absence of a dedicated member’s area to discuss and talk to other traders in the member area
• Missing historical performance data, which is often helpful to validate past results
• Lack of support for the newer Metatrader version, MT5.