In this post I will be reviewing Karl Dittmanns Super Profit Scalper manual forex trading system. This is another manual trading system developed and made commercially available from Karl Dittman which is focused on providing you with easy to follow trading entry and exit signals. It runs as an aesthetically pleasing indicator for the free to download MetaTrader 4 trading platform with color coded signals making it a breeze to trade with – it is therefore suitable for the most novice of forex traders with no further technical analysis required other than watching the indicator change color! Anyone can trade with it! It requires no experience or skill and is easy to use.
The Super Profit Scalper indicator is another forex trading system from the Karl Dittmann whose previous forex software I have reviewed including Fibo Quantum, Pips Wizard Pro, Forex Enigma, Forex Monarch, Forex Resolut, Exynox Scalper System, Onyx Scalper, Alfa Scalper, DNA Scalper, X Trend Premium, FX Atom Pro, X Scalper, Set Forget Pattern Profit, Rapid Trend Gainer, Infinity Scalper, Forex Equilibrium, Triumph Scalper, Forex Starlight, Forex Spectrum and FX Meta Scalper.
What Is The Super Profit Scalper?
The Super Profit Scalper indicator can send you short term trading signals. It will provide 1- and 5-minute signals on your MT4 platform. This will increase the number of signals, but does mean that there can be many false signals so you will need to do your own market analysis and adjust your money management accordingly. You can install the Super Profit Scalper indicator into your MT4 platform, and this will activate alerts on your chosen assets. Whenever there is a signal coming, a popup will appear, and you will be able to see the direction, the SR, the stop loss and the take profit limit. It is important to note that these are optional levels, you can use your own stop loss and take profit.
I would personally only look to consider the trades that give a good risk to reward ratio of at least 1:3. This way, it would not take one losing trade to wipe out a consecutive run of winners, which can be very frustrating. However, as this is a scalping system, it can be hard to find such risk to reward ratios. Either way, I would want to try and cut my losing trades short and maximise good trades by perhaps utilising a trailing stop on orders.
Super Profit Scalper Strategy
As the name “Super Profit Scalper” suggests, this forex trading indicator is aimed at traders who enjoy scalping the currency charts for a few pips although it can be used for swing trading and day trading. It is specifically designed for the m1 and m5 charts. The Super Profit Scalper indicator can in fact run on any currency pair or time frame that you prefer. It is very flexible and thus can be used by those who want to scalp for frequently profitable trades and by those who prefer to use the higher time frames for more long term trading. I would use an ECN forex broker for the best possible trading conditions.
The Super Profit Scalper indicator gives trading signals and can be used to both enter and exit the market. You may add your own technical or fundamental analysis should you wish – the more advanced traders can also confirm the Super Profit Scalper signals with candlestick patterns for price action analysis – thus, giving you even more of a trading edge.
It does not require lots of time to trade and will give alerts when there is a valid signal so that you do not need to constantly watch the charts. Even if you only have a few minutes to trade per day, the Super Profit Scalper can still be used. It can pick entry opportunities in both ranging and trending market conditions. It can even give you signals to your phone and/or email. The signals are very easy to understand and they never repaint, which means they do not change after the fact and only look good retrospectively.
The software is built to pick up on fast profitable price movements and provide traders with buy and sell signals throughout the day. The system is set up so that anyone from a newbie to a professional will be able to understand and apply the tips to their trading. It can be set up the system to receive notifications on your mobile device. Once everything is in place the system will be able to notify you when new trades are available. It will also deliver information on entry level, stop loss, and currency pair.
How To Use The Super Profit Scalper?
The Super Profit Scalper software is built to pick up on fast price movements and provide traders with buy and sell signals throughout the day. The system is set up so that anyone from a beginner to a professional will be able to understand and apply the tips to their trading. It can be set up the system to receive notifications on your mobile device. Once everything is in place the system will be able to notify you when new trades are available. It will also deliver information on entry level, stop loss, and currency pair.
In order to use SYSTEM, you will need a trading account with a forex broker. With so many forex brokers to choose from nowadays, it can seem very difficult to find a suitable option. If you are new to forex trading online and looking for some ideas, please feel free to browse my best forex brokers for some inspiration along the way.
Super Profit Scalper Summary
Overall the Super Profit Scalper indicator from Karl Dittmann is a manual forex trading system that can produce forex trading signals. It is very user friendly and flexible to fit into your individual trading requirements/style. It is so simple to use and can be run in any market condition on any currency pair you wish to trade – majors are best in my opinion such as the EURUSD & GBPUSD (plenty of liquidity). It comes with detailed instructions, full support and a no questions asked money back guarantee.
I actually feel like this is a basic forex strategy, and I do not think it is much different from a trading strategy template that you could build yourself in the MetaTrader platform by simply using the default technical indicators and drawing objects that are included within the platform free of charge. If you want to learn more and get the Super Profit Scalper download you can visit the website using the link below.
Super Profit Scalper
$87
Pros
- MetaTrader 4
- Signal Alerts
- Color Coded
- Manual Trading
- Scalping System
- Easy To Use
- Detailed Instructions
- Multiple Currency Pairs
- Multiple Timeframes
- 60 Day Money Back Guarantee
Cons
- Quite Basic Forex Strategy
- MetaTrader 4 Only
- Takes Time To Learn How To Use
- Requires Some User Initiative
- Requires Ideal Trading Conditions
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
