Wave Scalper Review Introduction
The Wave Scalper is one of the only fully automated (you never have to open, manage, or close trades) scalping systems that are proven to work over the past 10 years and will continue to succeed for many years to come.
The developers behind The Wave Scalper are a group that specialize strictly in scalping systems for many years and have helped with other major scalping projects that have seen massive success. This is their most successful and innovative system.
Trading Idea
Wave Scalper is based on Elliot Wave theory.
Wave Scalper Criteria
License
Lifetime license for one demo or real account with account number change flexibility.
Broker / VPS combination
We recommend using Wave Scalper on IC Markets Forex brokers in conjunction with TradingFX VPS Forex VPS.
User Guide
A detailed installation manual is included.
Software Updates
Full updates included for life.
Technical Support
Unlimited technical support and installation assistance are available.
Refund Policy
30-day money-back guarantee is offered by Wave Scalper vendor as stated in its official website. Simply put The Wave Scalper on a demo account first, then when you are comfortable switch to a live money account.
Supported Currency Pairs
Multiple while GBPUSD and USDJPY are preferred.MetaTrader Chart Timeframe
M15MyFxBook Verified Real Money Trading Results Statement
Trading Strategy
Scalping is a trading style that specializes in profiting off small price changes, generally, after a trade is executed and becomes profitable. Basically, scalping is a way to keep your account to a low-risk exposure, by having trades open and close in as short a period of time as possible.
The Wave Scalper criteria over other trading systems
- It’s built upon a complex neural network model that allows it to adapt to changes in the market.
- It does NOT use dangerous grid or martingale methods.
- It does NOT actively trade against trends.
The Wave Scalper is based on Elliot Wave theory.
Elliot Wave theory
Elliot Wave theory describes price movements in financial markets. It is based on recurring fractal wave patterns.
Elliot wave principle consists of impulse waves and corrective waves. When the price action of the market is moving in a direction.
The waves that are moving with the overall trend movement are called impulse waves.
The waves that are moving in the opposite direction of the overall trend are corrective waves.
The Wave Scalper scalps impulse waves that trade into the trend direction, giving a much higher probability of success.
Through extensive historical testing and lengthy testing on live accounts, we’ve been able to perfect the system to maintain safe risk ratios, and continually profit and grow.
Promotional Video (by the Vendor)
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Talk about Wave Scalper
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.