In this post I will be reviewing the X Scalper manual forex scalping system by Karl Dittmann which has been developed for use in the MetaTrader 4 trading platform which is widely provided worldwide by most forex brokers. The MT4 trading platform is free to download and you can create a free demo account to practice trading with the X Scalper indicator which gives you entry and exit points in the market thus making it a suitable forex scalping system for any level of trader as there is no complicated market analysis required on behalf of the trader, it is all done for you.
The X Scalper indicator is another forex trading system from the Karl Dittmann whose previous forex software I have reviewed including Fibo Quantum, Super Profit Scalper, Pips Wizard Pro, Forex Enigma, Forex Monarch, Forex Resolut, Exynox Scalper System, Onyx Scalper, Alfa Scalper, DNA Scalper, X Trend Premium, FX Atom Pro, Set Forget Pattern Profit, Rapid Trend Gainer, Infinity Scalper, Forex Equilibrium, Triumph Scalper, Forex Starlight, Forex Spectrum and FX Meta Scalper.
What is the X Scalper?
X Scalper claims to be a revolutionary forex scalping system designed specifically for scalping pips on the 1 minute and 5 minute charts. You can take the X Scalper signals as they are or even conduct your own technical, fundamental and price action analysis to filter trades further.
I would personally prefer trading the major currency crosses such as the EURUSD & GBPUSD pairs due to the fact they can have some of the lowest spreads and most liquidity which in turn can lead to faster execution speeds and lower trading costs. This is especially important when using a forex scalping system as every pip counts! I would be using an ECN forex broker for the best possible trading conditions with this or any forex system.
X Scalper has a user friendly interface with multi-level confirmation. And trading signals that do not repaint. X Scalper is very flexible and thus suitable for many trading styles, it can be used on any time frame or currency pair although the 1 minute and 5 minute charts are recommended by the developer. You should trade what you feel comfortable with as everyone is different.
The X Scalper forex indicator looks to find reversal opportunities and pick out forming trends with 3 different trading modes to choose from – conservative, medium or aggressive. There is minimal time required to use X Scalper as it can send you signals via SMS and email so you do not need to chart watch all day.
Despite primarily being a forex scalping system, you will find that X Scalper can be used for swing trading and day trading if you wish.
How does the X Scalper work?
The X Scalper system has been developed to run in the MT4 platform. It comes as a trading template along with built-in indicators that you can apply to your chosen chart symbols and timeframes. You can use the default settings or adjust them according to your own needs. I would certainly practice on a forex demo account to begin with and only use this manual forex strategy as a supplementary indicator to my own market analysis.
The on-screen signals of the X Scalper indicator are very clear and easy to understand. Every signal is also accompanied by 3 types of alerts. Furthermore, a comprehensive user guide has been written to help you learn how to use the X Scalper software. It will share some of the most helpful tips that will allow you to make the most out of every trade with the X Scalper indicator.
In order to use X Scalper 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.
X Scalper Features
When you download the X Scalper trading strategy, you get access to the following features:
Installs in 5 Minutes
Installing X Scalper is super easy. Download it instantly from the members area. Copy and paste to your MT4. And activate your trading account number. That’s it.
Step-by-Step User Guide
Together with the X Scalper package you will be getting a Detailed Step-by-Step User Guide. It covers everything you need to know in order to get the most out of this forex trading tool.
30 Days Full Money Back Guarantee. No Questions Asked.
There is a team of specialists is available around the clock to answer any question you may have.
Updates and Improvements
The developers are always thinking of how they can improve “X Scalper”. As soon as they come up with new powerful updates, you will get them at absolutely no cost.
Personal Email Support
The developer can use their experience and knowledge to help you. Just send them an email.
Lifetime X Scalper License for 1 Real Live Account
One order of X Scalper will generate one license which will work only one trading account. However, this license is given to you for a lifetime. No limitations.
X Scalper Summary
Overall, the X Scalper is a basic manual forex trading system that is suitable to all sorts of trading styles. It is very easy to use with clear entry and exit points on the user friendly interface. You can be setup in minutes by attaching the X Scalper indicator to your charts and waiting for the forex trading signals.
However, I do think this is a forex trading system that needs the user to take some initiative. Whilst you can use it straight out of the box as is, I think you would need to confirm each signal that it produces with your own chart analysis. If you are expecting to buy and sell when it says so and that will generate lots of wins, I am afraid you will be disappointed. You need to learn how to trade in a way that works best for you and make sure that you implement sensible money management which can help you to achieve your own individual trading goals because every trader is different.
There are many trade examples on the X Scalper official website so you can get a good idea of what to expect and you may wish to practice on a demo trading account until you master how to use it. Detailed easy to follow setup instructions are included as is full support and a money back guarantee.
- Versatile Forex Strategy
- Any Currency Pair
- 1-5 Minute Timeframes
- Manual Scalping System
- Easy To Use
- SMS/Email/Signal Alerts
- Detailed Instructions
- Full Support
- Money Back Guarantee
- MetaTrader 4 Only
- Quite Basic Forex Strategy
- Requires Some User Initiative
- Not Very Innovative
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.