Scalper X2 – double your deposit in 1 month
Characteristics of the Scalper X2
Platform: Metatrader4
Asset: Any available trading assets (recommended majors -EURUSD, GBPUSD, AUDUSD and etc.)
Trading Time: Around the clock (recommended London and New York sessions)
Timeframe: Any
Rules of trade by FXScalper X2
The Scalper X2 indicator has only one parameter that can affect the signals – this is Scalper_X2_par:
scalper-x2-settings
The smaller its value, the more signals. But the signals quality is worse. By increasing the Scalper_X2_par parameter, we get fewer signals with greater accuracy.
. By increasing this parameter to 30 (Scalper_X2_par = 30), you can use the indicator on higher time frames (H1 and higher):
Scalper_X2_par = 7
scalper-x2-par-7
Scalper_X2_par = 30
scalper-x2-par-30
Sell – red down arrow
Buy – blue up arrow
fxscalper-x2-example-signals-m5
fxscalper-x2-example-signals-h1
Stop Loss and Take Profit depending on the Timeframe, see the table below:
TimeFrame TakeProfit StopLoss
M5-M15 5-10 pips 40 pips
M30-H1 20-30 pips 50 pips
H4 50-80 pips 80 pips
You can also exit a trade when the opposite signal appears.
As an additional filter, the indicator author recommends using MACD and not opening positions against strong MACD pulses:
Scalper X2 – double your deposit in 1 month
Before real trading, be sure to practice on a demo account. Or use the bonus funds – $1000 No Deposit Bonus.
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