Alfa Scalper is a remarkable trading tool that has quickly gained popularity among traders worldwide. The extensive marketing, reviews, and discussions on trader forums have successfully spread the word about Karl Dittman’s latest indicator. The creator claims that this indicator features an innovative adaptive scalping mechanism.

Features of the Alfa Scalper

  • Official website: Alfa Scalper
  • Platform: Metatrader4
  • Currency pairs: Major pairs
  • Trading Time: Flexible, with a preference for European and American sessions
  • Timeframe: M1 and M5
  • Recommended brokers: XM, Forex4you, FBS

Functionality

Like other indicators by Karl Dittman, the Alfa Scalper is designed to streamline the market analysis process, making trading more straightforward and potentially more profitable. It is primarily intended for scalping, which is well-suited for major currency pairs during the European and American trading sessions.

The indicator offers three levels of risk management for trading:

  • Conservative
  • Medium
  • Aggressive

In line with most contemporary indicators, the Alfa Scalper provides the following alerts:

  1. Pop-up Alert with Sound on the MT4 Platform
  2. Instant Email Notification
  3. Push Notification to Your Mobile Device

It is a common understanding that many paid indicators are enhanced versions of free or standard MT4 indicators, or a combination of both. There is a noticeable similarity between the Alfa Scalper and the Scalper X2 indicator, which I previously discussed. It’s essential to select the appropriate settings that deviate from the default ones to optimize performance.

Comparative examples show that Scalper X2 is not less profitable than the Alfa Scalper. Visual representations of both indicators on various currency pairs and timeframes illustrate their performance.

alfa-scalper

alfascalper-analog-eur-usd-m5

alfascalper-analog-gbp-chf-m5

alfascalper-analog-usd-cad-m5

alfa-scalper-eur-usd-m5

alfa-scalper-gbp-chf-m5

alfa-scalper-usd-cad-m5

As you can observe, Scalper X2 can be considered a functional equivalent to the Alfa Scalper. However, the Alfa Scalper boasts a more advanced technical setup, including automatic Take Profit levels that ensure timely profit realization, as demonstrated in the video showcasing the indicator.

You have the option to download Scalper X2, an alternative to Alfa Scalper, and customize its settings based on the currency pair and timeframe for trading purposes.

The Alfa_Scalper_Analogue.zip archive contains:

  • Scalper X2.ex4
  • Scalper X2 template.tpl

download Alfa Scalper indicator

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