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GT Scalper - follow the price simply and effectively

Published: 10.06.2022
Reading time: 17 minutes
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GT Scalper will allow you to easily and effectively monitor the price and will not miss the most favorable moment to enter a trade. The system can be applied to various trading styles and is not afraid of repainting.

Characteristics of the GT Scalper Trading System

  • Platform: Metatrader4
  • Currency pairs: Any currency pairs, recommended Major
  • Trading Time: Any, recommended London and New York trading sessions
  • Time Frame: Any, depending on the selected Trading Modes
  • Recommended broker: Roboforex, XM, FTMO

Trading Modes

System provides three different trading styles (templates) depending on your expectations, risk appetite and experience in trading.

  • GT SCALPER FAST MODE

It's characterized by the faster signals as well as the largest potential profit with increased risk. If you are familiar with scalping and catching the quick market daytrading movements, you should choose this trading mode.

  • GT SCALPER NORMAL MODE

Is the most universal mode, providing the most balanced signals. It provides stable signals with limited risk. This mode is recommended for beginners as well as experienced traders.

  • GT SCALPER SWING MODE

This template provides the most conservative entries. If you prefer higher timeframes trading, you don't have much time for watching the charts, you will love this trading mode!

System overview

gt-system-composition

System contains three sections.

  1. Entry/Exit arrow
  2. Histo + XS (Entry Confirmation)
  3. GT MATRIX (Additional Trend Confirmation)

How does it work

For the most accurate signal, we need the match of four signals, as described below:

Buy Signal

  1. GT Matrix blue
  2. Blue arrow
  3. Blue Histo
  4. Blue SC XS

gt-scalper-buy

Sell Signal

  1. GT Matrix white
  2. White arrow
  3. White Histo
  4. White SC XS

GT Scalper - follow the price simply and effectively

A few more trading examples from the official website:

gtscalper-trades

GT Matrix Indicator

gt-scalper-matrix-indicator

Matrix indicator provides simple and fast market analysis.

White Pair - Means sell market

Blue Pair- Means buy market

Black Pair - Means wait (Consolidation or trend change)

You can change the trading instruments in the indicator settings. Just switch/add/remove the pairs with the one you like. You can put any trading instrument available in MT4 platform (also commodities/stock/cryptos etc.)

Stop Loss order should be placed in the technically best place:

  • The last swing high (for the SELL trade)
  • The last swing low (for the BUY trade)
  • At the round number
  • Close to important support/resistance area

To set Take Profit you can use:

  • Opposite signal
  • Risk to reward ratios (for example: if your stop loss = 15 pips, set your TP at 15 or 30 pips - depending on the market volatility).

Read more in the manual.

Handful of advice

  • Before trading, always make sure that the market does not expectany important data. If something “big” appears in the news calendar, it's better to wait for their announcement and later join to further
  • Always try to trade on major sessions when the volatility is the
  • Do not overtrade. Try to Focus on quality trades (the more tradesopened at the same time, the harder is to control the risk).

In the archive GT_Scalper.rar (1.09 MB):

  • GT SC ENTRY F.ex4
  • GT SC ENTRY N.ex4
  • GT SC ENTRY S.ex4
  • GT SCALPER XS.ex4
  • GTSCALPER_Dash.ex4
  • GTSCALPER_MATRIX1.ex4
  • GTSCALPER_MATRIX2.ex4
  • GTSCALPER_MATRIX3.ex4
  • GTSCALPERHisto.ex4
  • GT SCALPER - FAST.tpl
  • GT SCALPER - NORMAL.tpl
  • GT SCALPER - SWING.tpl
  • XSMART TRADER - SYSTEM MANUAL.pdf

Free Download GT Scalper MT4

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Author:
Daniel
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Comments:
  • asd
    Published: 25.09.2022 Reply to the message

    Has anyone tried this? its signals seem fairly good even without matrix confirmation but i havent tested it live yet

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