Star Scalper - No Repaint Trading Software

Published: 28.08.2023

Reading time: 17 minutes

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Star Scalper Indicators System is an easy-to-use trading system, without repainting, which has several templates for different trading styles, advanced alert system. It will suit both beginners and more experienced traders. It can be used as a standalone trading system or act as an additional confirmation tool in your trading system.

Characteristics of the Star Scalper MT4 Software

Platform: Metatrader4
Currency pairs: Any currency pairs, recommended major
Trading Time: Any, recommended New York and London trading sessions
Time Frame: M1-D1 (use the appropriate template)
Recommended broker: Roboforex, XM, FBS

Styles and Templates

The system has 4 templates for different trading styles:

StarScalper-SC (SCALPING)

It`s characterized by dynamic signals as well as the largest potential profit with increased risk. lf you are familiar with catching the quick market movements, you should choose this trading mode. Please note that the signals are very fast (recommended for experienced traders).

StarScalper-DT (DAYTRADING)

Provides universal mode, with balanced signals with limited risk. This mode is recommended for beginners as well as experienced traders.

StarScalper-SW (SWINGTRADING)

Provides slower signals that do not need a lot of screentime. Pick this mode if you are positioniaftrader, or simply you do not have much time for trading.

StarScalper-StarMode (Scalping/Fast Daytrading)

Star mode provides signals dedicated for statistically the biggest traders group (scalpers and fast daytraders), This mode is between scalping and daytrading:

Trading Rules

Signals are very easy to read. When a new signal is printed, you will receive an alert.

NOTE: Please wait till the candle close and alert before opening a trade.

BLUE BOX - BUY SIGNAL

RED BOX - SELL SIGNAL

You can follow the signals as they appear.

Close the trade when Blue Box appears and open Buy trade.

Close the trade when Red Box appears and open Sell trade:

For a better idea of the system signals you can watch this short video:

Stop Loss should be placed below Blue Box (for Buy trade) and above the Red Box (for Sell trade):

Notifications

The system has a three-stage built-in notification system:

Standard MT4 Pop Up + Sound
Email Notification
Push (Mobile) Notification:

Handful of advice

Before trading, always make sure that the market does not expect any important data. If something 'big' appears in the news calendar, it's better to wait for their announcement and later join the further movement.
Always try to trade on major sessions when the volatility is the greatest (the best sessions are usually: EU and US).
You can pick any trading timeframe for trading, but the most universal and common are typical DT TFs like M5 or M15. Its a good place to start trading with the software.
Try the system on demo account first. See how it works, and which trading mode fits your trading style best.
Do not overtrade. Try to keep 1-2 trades open at the same time (it`s easier to control the risk).
MM is the key with any trading system. Try put only 1-2% of your account on any trade.

In the archive StarScalper_MT4.rar (701 KB):