Alpha Scalper Review

Alpha Scalper is a powerful forex signal EA that works on the one and five minutes time frames. It was created by an established forex signal provider – Karl Dittmann.

This post will review the product, talking about its features, performance results, and client feedback. We aim to present you with detailed information that will help you decide whether this EA answer your trading needs.

Alpha Scalper Overview

As mentioned, Alpha Scalper was created by Karl Dittmann, who has many years of experience in the financial market and has been making several EA products. He is a well-known name in the field and has attracted traders’ attention with forex robots such as Scalping Detector, FX Atom Pro, X Trend Premium, Fibo Quantum, DNA Scalper.

Alpha Scalper is developed to assist traders using the MT4 platform. You can load it to your charts, and the EA will alert you when it finds potential trade opportunities. The product aims to help both experienced and beginners traders and fulfil that developers created three different modes, and they also match the traders’ risk profiles.

Conservative mode offers maximum safety and low risk. The signals come on a normal frequency, and the trend detection is set to Standard. The Medium mode, which Karl Dittmann and its team recommend, offers moderate risk, high signal frequency and optimal safety.

The trend detection is set to Sensitive. For hawkish traders, Alpha Scalper can be set on an Aggressive mode. It has a high risk, low safety and extreme signal frequency. The trend detection is highly sensitive. This mode is recommended to advanced traders with more experience.

On the contrary to other similar products, Alpha Scalper is sold at a fixed price of 147 USD, regardless of the selected mode. The product comes with a lifetime licensing and an opportunity to change the preferred mode of working manually.

Alpha Scarper Features

As mentioned, Karl Dittmann and his team have extended experience in developing forex signal products that answer traders experiences. Therefore, they pay attention to each detail. For example, the clients can select their preferred way to receive the way they receive the signals – via a pop-up alert on their MT4 platform, instant email notification or push notification on the mobile phone.

The Alpha Scalper uses a scalping strategy in a 1 to 5 minutes time frame. However, according to the developers, it could also be applied to a long term time frame for traders with preferences today or even swing trading. To that, according to its official website Alpha Scalper uses a “unique adaptive scaping algorithm that will constantly monitor the charts for potential entries.”

Another exciting feature is that the EA is adaptable to various instruments. Usually, most signal providers focus their products on providing forex signals, but Alpha Scalper aims to attract traders with diversified portfolios. Therefore, the EA can be load on charts with trading instruments n stocks, indices, commodities, energies, metals and cryptocurrencies markets.

Alpha Scalper Performance Results

On the official website of Alpha Scalper, there arent any live performance results. We are provided with several screenshots underlining the quality of the EA. We realise it is more difficult to apply results, especially that Alpha Scalper requires traders to put the trades manually instead of doing it automatically. Still, a myfxbook account that will show live performance results will help the potential buyer in their choice.

Conclusion

Alpha Scalper comes with a stamp of a well-known EA developer. The product aims to attract the attention of traders of all levels who have diversified portfolios. It uses the scalping trading strategy in a 1 to 5 minutes time frame, and it requires manual application on the suggested trades.

Pros:

► Well-known developer-company

► Can be used on charts of a wide range of trading instruments

► Three different modes

► One price regardless of the selected mode

Cons:

► No performance results

► No detailed explanation of the trading strategy