Scalper

Scalper + DX edition

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Multi timeframe & Currency Index scalping system that kills the market. Nothing Else Like It…Anywhere!

 

 

This is a very powerful trading system and my personal favourite. This one trading technique has made me a lot of profit over the years because it’s very easy to do. I use it in my trading schedule every day, scalping with this system whilst waiting for my larger trade setups to offer me an entry.

My ‘Scalper + DX’ MT4 templates contains 2 major advantages that retail traders simply don’t utilise properly (or at all):

  • Multiple timeframes (on one screen)
  • Currency Index charts (+ my proprietary Scalper indicator)

  • MANUAL trading system

  • Includes 30 “Smart Money” MT4 Profiles and 712 individually hand crafted MT4 charts

  • Multi time frame (M1, M5, M15, M30, H1, H4, Daily, Weekly)

  • Contains all 8 major currency Indexes – AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD (requires a Free demo account with one particular MT4 broker in order to chart ALL 8 currency Indexes)

  • 8 Custom coded MT4 indicators

  • My MTS_Scalper indicator, which is a combination of four custom coded indicators (plus a personal license that will never expire and has no recurring charges for use)

  • 29 Pre Built ‘Scalper + DX’ MT4 Profiles for the most popular 28 Currency pairs, plus Gold

  • 1 ‘Master Builder’ MT4 Profile, containing the ‘MTS_Symbol Changer’ indicator, allowing you to quickly and easily make your own ‘Scalper template’ (with all indicators automatically included and pre-set) for ANY instrument. Easy!!

  • User manual – 55 page PDF of comprehensive step by step Instructions with pics

  • Download links to theSmart Money’ Course by one of my mentors, a fully comprehensive training program containing 12 hours of full HD 1080p video files. A VERY valuable education!

  • FREE Private Trade Group Membership (on Telegram Messenger)

  • Works on all markets – Forex, Commodities, Indices, Crypto and Stocks

  • 100% Customer satisfaction – Buy with Confidence!

Not familiar with “Smart Money” concepts?

Want to learn? Each of my products come with a FREE 12 hour Smart Money Video course (in full 1080 HD) by one of my mentors, a VERY valuable education that gives you the trading edge over smart money.

$129 – Purchase the ‘Scalper + DX’ edition via Paypal.  Instant download after payment!

TRIPLE Confirmation of Your Trade Direction!

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The Scalper + DX template allows you a TRIPLE CONFIRMATION of your trade direction

 

Each ‘Scalper + DX edition’ MT4 profile contains:

  • A currency pair (EG: GBPUSD)
  • The base currency DX chart (EG: GBPX)
  • The quote currency DX chart (EG: USDX)

This offers you a MASSIVE advantage over the usual practice of scalping by observing the single currency pair alone! However I then further multiplied this advantage 10 fold by adding my custom coded MTS_Scalper indicator to ALL 3 charts (the currency pair and the 2 relevant DX charts) allowing me to confirm the trend and my indicator signals on all 3 charts at the same time.

How do we implement this into our trading?

  • The GBPUSD currency pair is located from left to right at the top
  • The GBPX is located in the middle from left to right
  • The USDX is located on the bottom from left to right

Let’s say we want to trade the GBPUSD…

  • If the GBPUSD pair is currently bearish…
  • And the GBPX Index chart is currently bearish
  • And the USDX Index chart is currently bullish
  • You have triple confirmation!

If the trend on all 3 charts AND my MTS_Scalper indicators are telling me the same story, it’s actually hard to lose a trade! (this is why this trading system is my favourite and allows me to trade with large lot sizes)

If you look at the M1, M5 and M15 charts in the pic above you will see that the GBPUSD + GBPX are moving in the same direction, whilst the USDX is trending opposite (also note the MTS_Scalper arrows supporting the moves). This sort of opposing behaviour happens most of the time, and on the occasions its not, you can see it clearly in the three charts. This is why scalping with the 2 supporting DX charts is so valuable.

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How to detect BLATANT “Smart Money” Stop Hunts

 

When you are trading a single currency pair and its 2 relevant DX charts, say:

  • GBPUSD
  • GBPX
  • USDX

Sometimes you will notice that the GBPUSD currency pair will suddenly take off and move hard and fast. Meanwhile, BOTH the GBPX and the USDX are barely moving at the same time…

So given the large movement in the GBPUSD currency pair, you would think that this movement MUST originate from either the GBPX or the USDX, as they are the 2 currencies that make up the currency pair.

But neither of them are moving much… so then what the hell is going on?

This is a STOP HUNT by the “Smart Money”!

This is a DEAD GIVEAWAY that “Smart Money” is involved in the move. Did I say involved? Lol, I meant they PLANNED it and they are the ONLY reason that the move is happening.

  • Do you see how manipulated the financial system and charts are now? ‘Smart Money’ plan all these moves well before they happen, they are designed purely to line THEIR pockets and take YOUR money
  • Do you also see how you can use this knowledge to MAKE money in your trades, rather than being caught trading in the wrong direction?

You will only be alerted to these types of moves if you are watching the DX charts as well as the currency pair!

This move does not happen every day, but when it does it commonly occurs in either the London open or the New York open session. I WATCH for it and I LOVE IT!

Why?

Because it means that the “Smart Money” is feigning a move in one direction (typically to soak up all the orders located in a liquidity pool at a previous high or low peak) before racing off in the opposite direction. Think about it, if neither the GBPX or the USDX is moving with the same strength as the GBPUSD, but they alone make up the currency pair, then something fishy must be going on… It IS!

So whenever I notice this behaviour I start rubbing my hands together because I know exactly what is going to happen and I adjust my lot size of those trades accordingly…. These trades can make you a lot of money!

Note: this type of move can happen in ANY currency pair.

28 Pre-built MT4 Profiles (Currency Pairs) + Gold

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The ‘Scalper + DX’ edition contains 28 of the most popular Currency pairs (the currency pair & the 2 relevant currency Index charts for each profile)

 

Bonus: I have included another profile containing the USDX and Gold – XAUUSD (because Gold and the US Dollar Index are inversely correlated the majority of the time).

  • AUDCAD
  • AUDCHF
  • AUDJPY
  • AUDNZD
  • AUDUSD
  • CADCHF
  • CADJPY
  • CHFJPY
  • EURAUD
  • EURCAD
  • EURCHF
  • EURGBP
  • EURJPY
  • EURNZD
  • EURUSD
  • GBPAUD
  • GBPCAD
  • GBPCHF
  • GBPJPY
  • GBPNZD
  • GBPUSD
  • NZDCAD
  • NZDCHF
  • NZDJPY
  • NZDUSD
  • USDCAD
  • USDCHF
  • USDJPY
  • XAUUSD

Do you use multi timeframe charts when you are trading? WHY NOT?!!

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Even on the lowest timeframes you always need to be aware of the trend on the higher timeframe!

 

You need to be checking the setup on your higher timeframe ALL the time. If you are not utilizing a multi timeframe approach to your “Smart Money” trading style, you are missing out on vital trading information as well as very profitable trade entries.

Typically, beginner or novice traders lock in on a specific timeframe, ignoring the more powerful primary trend. Alternately, traders may be trading the primary trend but underestimating the importance of refining their entries on a more advantageous short-term timeframe.

The multi timeframe scalping chart properties:

As shown in the pic above, the multiple timeframes of each financial instrument from left to right are: M1, M5, M15, M30, H1, H4, Daily, Weekly.

  • The aqua coloured line is called the ‘EQ’ (short for equilibrium) line. It’s purpose is to act as a centre marker or the ‘return to the mean’ of the candles on that particular timeframe
  • The 2 silver coloured lines are the ‘Price Channels’. These are set at different periods depending on the timeframe
  • The most important chart indicator is the MTS_Scalper. It is comprised of 4 different coloured momentum indicators…

The highest probability trades you can take are the ones where your higher timeframes and lower timeframes are in alignment!

Monitoring multiple timeframes can multiply your returns

 

  • Multi-timeframe analysis is the process of viewing different time periods of any financial instrument before making a trading decision. It is one of the most important aspects that all professional day traders and swing traders use. Why? Because it helps you identify key levels of support and resistance!
  • Multiple timeframe analysis (that follows a top down approach) allows you to gauge the longer-term trend whilst spotting ideal entries on a smaller timeframe chart.
  • Ultimately, the monitoring of multiple timeframes at once (especially when scalping) allows traders a better understanding of the dominate trend in the instrument they are trading and adds confidence to their trading decisions.

Do you use the US Dollar Index chart in your trading? WHY NOT?!!

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Why I use the US Dollar Index chart (and all the other popular currency Index charts)

 

The US Dollar Index is a guide for the direction of the USD in any relevant currency pair

 

We apply this same logic to all the other popular currency Index charts. This is why I have included the DX charts of the 8 most popular currencies:

  • AUD – CAD – CHF – EUR – GBP – JPY – NZD – USD

The US Dollar Index (also known as the DXY) is used by (smart) traders to measure the value of the USD against a basket of currencies used by US trade partners.

  • The US Dollar Index will RISE if the Dollar strengthens against these currencies
  • The US Dollar Index will FALL if the Dollar weakens against these currencies

Trading any pair with a USD half will be guided by the USD index, so here are a couple of key facts to keep in your mind:

  • If the USD is the base currency (USD/xxx) the US Dollar Index and that currency pair will typically move in the same direction
  • If the USD is the quote currency (xxx/USD) the US Dollar Index and that currency pair will typically move in opposite directions

 

The US Dollar Index compares the USD to a basket of currencies

 

The US Dollar Index is a measure of the value of the US dollar in relation to the value of some of the US’s most important trading partners.

The currencies are weighted in the following ways:

  • The Euro (EUR) 57.6% weight
  • The Japanese Yen (JPY) 13.6% weight
  • The Great British Pound (GBP) 11.9% weight
  • The Canadian Dollar (CAD) 9.1% weight
  • The Swedish Krona (SEK) 4.2% weight
  • The Swiss Franc (CHF) 3.6% weight

It is immediately apparent that the US Dollar Index is heavily influenced by the Euro. This gives us the first clue as to how the USD Index can be useful for making trading decisions…

 

The USDX is the Anti-Euro Index

 

When the Euro (EUR) loses value this means the Dollar Index gains value. The nearly 60% weight of the Euro in the US Dollar Index means that the EURUSD pair and the US Dollar Index are inversely correlated the majority of the time. Armed with this knowledge the US Dollar Index becomes an excellent indicator for the EUR/USD, and the US Dollar Index can be studied for clues as to the EUR/USD’s next move. The same theory can be applied to all the major currencies that contain the USD, IE: AUDUSD, USDCAD, USDCHF, GBPUSD, USDJPY, NZDUSD (as well as the minor and exotics VS USD for that matter).

This theory works just as well on all the other popular currency Index charts! So you can choose any one of the most popular 28 pairs and trade with both their currency index charts for triple confirmation of your trade direction.

This offers you a MASSIVE advantage over the usual practice of scalping by observing the single currency pair alone!

Five Types of Indicators

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There are essentially 5 different types of indicators

 

As most traders do not know this fact, they usually tend to favour 1 or 2 types of indicators and neglect using the other types at all, leading to a very unbalanced indicator selection on their charts.

5 types of indicators

  1. A Trend-Following Tool – to confirm the direction of the major trend
  2. A Trend-Confirmation Tool – Used as double confirmation of the trend (to see if the trend-following tool and the trend-confirmation tool agree)
  3. A Trend Reversal Tool – A ‘reversion to the mean’ indicator
  4. An Overbought/Oversold Tool – measures the magnitude and velocity of directional price movements, it calculates momentum as the ratio of higher closes to lower closes
  5. A Profit-Taking Tool – This tool takes the standard deviation of price-data changes over a period, and then adds and subtracts it from the average closing price over that same timeframe

I have picked the best performer from each indicator type and combined them all into my perfectly balanced and custom coded indicator – the ‘MTS_Scalper’…

The MTS_Scalper Indicator

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4 different indicator types combined into one perfectly balanced tool

 

 

The MTS_Scalper indicator contains:

  1. A Trend-Following Tool
  2. A Trend-Confirmation Tool
  3. A Trend Reversal Tool
  4. An Overbought/Oversold Tool
  5. A Profit-Taking Tool

The MTS_Scalper indicator is a very powerful tool in your trading as it can confirm a directional bias for the currency pair you are trading (as WELL as both the DX charts). It will also warn you of any headwinds that your trade might face on any of the 3 charts before you pull the trigger on a trade entry.

Note: The MTS_Scalper indicator and exactly how to use it is fully explained in the user manual contained in the ‘Scalper edition’ product download. The PDF user manual contains 55 pages of comprehensive instructions with pictures.

My unique ‘MTS_Scalper’ indicator allows me to trade both with and AGAINST the current trend with ABSOLUTE confidence!

Read that statement again, because I can guarantee you it’s ultra-rare and very important!

As well as having the confirmation of the MTS_Scalper indicator on multiple timeframes to trade with the trend, imagine being able to trade trend retracements with absolute confidence and having a very good idea of how deep that retracement will go! This is what my scalper indicator does extremely well. These trend ‘retracement trades’ happen every day in the markets and I actually seek them out because I am so confident to trade them with my ‘MTS_Scalper’ indicator. I have never seen another trading indicator that performs anywhere near it when it comes to trading against the trend.

Testimonials

Scalper + DX edition

Not familiar with “Smart Money” concepts?

Want to learn? Each of my products come with a FREE 12 hour Smart Money Video course (in full 1080 HD) by one of my mentors, a VERY valuable education that gives you the trading edge over smart money.

$129 – Purchase the ‘Scalper + DX’ edition via Paypal.  Instant download after payment!