In this post I will be reviewing the Premium FX Scalper forex trading system. Premium FX Scalper is a colour coded indicator for the MetaTrader 4 trading platform that gives you clear buy and sell signals. It is suitable for beginner traders and when used correctly along with good money management claims to make up to 100 pips per day. This trading system can be applied on any currency pair and time frame so you can use it when and how it suites you. It is recommended to use it on the 1 minute charts hence the word scalper being in the name. Either way, it has the potential to achieve a very nigh winning percentage and increase your forex trading accuracy and profits.
Premium FX Scalper Trading Strategy
Like any forex trading system, Premium FX Scalper can be used as a standalone indicator or as another weapon in your trading arsenal to help you filter out the good from the bad trades. Say ofr example you used a combination of 3 default MetaTrader 4 indicators such as the rsi, cci and a 14 period moving average. Applying this indicator to your chart could increase your win rate by 10-20% by giving an extra filter to your trading system. Although, the developer intended it to be used as a sole indicator and judging by some chart analysis myself it does pick some good winning trades and can even identify flat markets (ranges) and alert you when there is a signal.
Premium FX Scalper Summary
Premium FX Scalper comes with a 60 day money back guarantee, support and an instruction manual to get you started. If you are a fan of scalping and like the thrill of frequent trades then you should check this trading system out!