In this post I will be reviewing another Karl Dittmann forex indicator called Hidden Scalping Code. This is a manual trading indicator used for scalping the forex market. Despite being a scalping indicator you do not have to use it on the 1-minute or 5-minute charts as it can pick up signals on any time frame.
As with any scalping system the spread can play a part so I would personally use an ECN forex broker. I find they can offer low spreads and plenty of liquidity for relibale trade execution speeds at the best possible prices – all of which is very important when scalping.
Furthermore, I would consider using the Hidden Scalping Code indicator on the major currency pairs such as the EURUSD and GBPUSD as they usually have plenty of liquidity.
Hidden Scalping Code Strategy
The Hidden Scalping Code indicator will analyse charts for trading signals although you can add your own technical, fundamental or price action analysis should you wish to do so. Otherwise, you can simply follow the easy to interpret signals from the indicator which are displayed as buy or sell arrows on the charts.
The indicator is flexible so you can use it on your chosen currency pairs and any time frame you wish. If you want lots of trading action then you may want to use the 1-minute or 5-minute time frames. If you want to try and filter out some market noise then you can trade it on the 1-hour time frames and above.
You can trade the Hidden Scalping Code at any time whether that be the morning, during the day or at night – you can trade it at a time that suits you. It also includes 3 types of modes: aggressive, safe or medium – this will filter the trading signals depending on your preferred trading style. You can choose the one that you feel the most confident with.
The signals are produced by a combination of 11 technical indicators in one indicator. Also included are automatic email, sound and mobile alerts.
Hidden Scalping Code Summary
Overall, the Hidden Scalping Code indicator is a scalping indicator for traders who like that style of trading. It can give a high frequency of trading signals. It is flexible to suit your individual needs as a trader and thus can be used in a way that you feel most comfortable with. It is suitable for all levels of trader as it is easy to use and includes simple instructions with real trade examples. You also get dedicated support and a money back guarantee.