Features
- Platform: MetaTrader4;
- Currency pairs: any currency pairs, recommend Major;
- Таймфрейм: any, depending on the trading mode selected;
- Время торговли: any, recommend London and New York trading sessions;
- It is recommended to use ECN brokers with low spreads.
Trade modes
The system provides three different trading styles ( templates) depending on your expectations, risk appetite and trading experience.
✅ GT SCALPER FAST MODE
It is characterised by faster signals as well as higher profit potential at higher risk. If you are familiar with scalping and catching fast market movements in day trading, you should choose this trading mode.
✅ GT SCALPER NORMAL MODE
This is the most versatile mode, providing the most balanced signals. It provides stable signals with limited risk. This mode is recommended for beginners and experienced traders alike.
✅ GT SCALPER SWING MODE
This pattern provides the most conservative entries. If you prefer to trade on higher timeframes and don't have much time to look at the charts, you will love this trading mode!
System overview
The system contains three sections.
❶ Entry/exit arrow
❷ Histo + XS (entry confirmation)
❸ GT MATRIX (additional trend confirmation)
How it works
To get the most accurate signal, we need four signals to coincide as described below:
Buy signal
❶ Blue GT matrix colour;
❷ Blue arrow;
❸ Blue Histo;
❹ Blue SC XS;
Sell signal
❶ White GT matrix colour;
❷ White arrow;;
❸ White Histo;
❹ White SC XS;
A few more examples of trading from the official website:
GT Matrix indicator
The Matrix indicator provides simple and rapid market analysis.
White pair - means market for sale;
Blue pair - means buy market;
Black pair means waiting (consolidation or trend change).
You can change trading instruments in the indicator settings. Simply switch/add/remove pairs to the ones you like. You can use any trading instrument available in the MT4 platform (also commodities/shares/cryptocurrencies etc.).
Stop Loss must be placed in the technically best place:
- Last swing maximum (for a sell trade)
- Last swing minimum (for a buy deal)
- On a round number
- Near an important support/resistance zone
To set TakeProfit, you can use
- Opposite signal
- Risk/reward ratio (for example: if your stop loss = 15 pips, set your TP to 15 or 30 pips - depending on market volatility).
For more information, see the manual.
A few tips
- Always make sure that the market is not expecting any important data before you start trading. If something "big" appears on the news calendar, it is better to wait for their announcement and join them later.
- Always try to trade during the major sessions when volatility is highest.
- Do not overtrade. Try to focus on quality trades (the more trades open at the same time, the harder it is to control risk).
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Download the GT Scalper forex trading system for MT4. Please register or login to download files from this category. | Date File size Hits | 2022-06-18 929.11 KB 40 | ||