Intraday Trading Tools
Your Tools For Better Trading
How to exploit the PREDICTABLE behaviour of breakouts in order to REALISTICALLY Scalp between 2-10 pips per trade!
Markets might appear UNPREDICTABLE but, one thing you can PREDICT is that price will eventually breakout of recent highs and lows. You are about to DISCOVER that ZZ Scalper exploits this time and time again.
Ive heard some say an EA can’t beat the markets because by nature whether its currencies, stocks, indices or commodities they are too complex, there are just too many variabilities. Yes its true and yes you can see that prices to the uninitiated tend to look random but there are ways, and although variabilities happen there are predictable things that will always happen such as the oscillation of price. By how far no one knows, for example, price might rally sharply and keep on rallying just after which you see a sell signal on your oscillator. But we know one thing, price cant keep on rising with at least pulling back a little before rallying further. So, as this is always happening so are recent highs and lows being broken. And it is this little fact that ZZ Scalper takes advantage of.
How does ZZ Scalper work?
ZZ Scalper works by placing pending orders at the most recent highs and lows with the goal of scalping small but consistent profits time and time again. It uses stop loss and trailing stop in such a way so as to capture consistent profits every time price breaks through these highs and lows.
Here we see an example of ZZ Scalper in action when it places a pending sellstop at price 1209.98 at 14:00 because price doesn’t get any lower than this 4 bars later from 9:00. Later on, we see a breakout occurs right at this entry level 1209.98 where price passes through. Here we open our order with a stop loss set at 10 pips and trailing stop set at 2 pips as price moves more into our favour we see the trailing stop locks in profit.
Here just to show you exactly what typically happens I show you a close up of the price on a 5m chart. It will have scalped a small chunk of profit from this move.
The question is does price hit our trailing stop level in profit more times than hitting the stop loss and hence give positive PFR over the longterm? I can show you backtest after backtest of randomly picked sections of market prices and it will show positive but we still have to make sure it gets around a few other problems before we can say yes this system is the real deal. I will go over those later. The most important thing for YOU is personal verification it works.
PROVE it to yourself with a FREE version of ZZ Scalper!
Often when anyone no matter who they are demonstrates their system they only show you a few pictures of when that system happens to do well. BUT when you apply that to the live markets it still has to do well. I’ve often seen things are different in real live trading than on some theoretical backtest. This is because we need extensive testing to make sure there is something to our system. And this is something all trading books don’t show. So the only way for you find a system is by personal verification. And to do this over a large data sample. In all the possible market conditions. And to also live test.
This system with its simple entry exit approach makes more profits than losses long term. You can see this for yourself. (DOWNLOAD DEMO HERE). The basis of this website is to let you in on testing out this system first before even thinking about buying it.
What I look for is a system that shows the smoothest possible positive equity line with smallest drawdown. This EA shows on backtest small but consistent profits of between 1 – 10 pips or more and occasional 10 pips losses . But as you will see wins are more often than losses. FANTASTIC a system that works. Well almost!
Things against this system?
You see there is one thing against it, and that is whether or not your pending order gets taken at the price you placed it at on the most recent high or low. This is because of various things that might get you in late which spoil the system. So we must do all we can to make sure it gets in at the agreed price. There will be many other traders also trading these highs and lows so with this we need to be aware of the following vital points that are in the way of us. These are as follows :
Slippage
Spread
Execution Speed
VPS
Broker liquidity
Commission
Stop level
True ECN
This might seem confusing and off-putting but before you run away, its simply a matter of finding the right Broker and VPS. I will provide an attachment with the demo and main product that explains each of these factors in more detail. But here is a rundown of recommended brokers :
Roboforex
FXOpen
MaxFX
OctaFx
TradeView
IC Markets
FXCM
Vantage FX
Octa ECN
And recommended VPS :
MQL5 VPS
How to trade ZZ Scalper and what are the best markets?
You simply place the EA onto the chart and are free to walk away while this EA takes care of trading in a calculated and precise way.
With an expert advisor you can instantly start trading a working system regardless of your own skill level. Difficult calculations and safe money management are handled for you. They never sleep and can look for trades 24 hours a day/5 days a week. And they’re the only way to cover multiple pairs at the same time.
Works best on the Forex markets XAUUSD and EURUSD, as well as the DAX Indice. Load ZZ Scalper on to the charts to increase your market coverage. Cover the markets day and night.
Optimized default settingsQuick 5 minute installationOne time fee, yours foreverNo experience requiredSound Logic And Theory
Why you NEED ZZ Scalper!
Top traders say find 1 system that works and stick with it! But, I know from experience that because there is so much info out there it is confusing and in the way of YOU finding that 1 system you believe in. For this reason, we must commit to 1 system and see it through by following the rules.
This system is based on an aspect of Linda Bradford Raschke trading methodology one of those traders featured in a book called Market Wizards that interviews some of the worlds top traders.
Most forex systems sellers don’t give away a free copy so you can personally verify the system works before buying. Intraday Trading Tools turns this on its head with most systems being free or having free versions available.
No need to sit at a computer screen all day this system is well suited to automated trading.
We are filtering out the noise of the markets and making it easier to trade by following the one simple logic which is that price will eventually break out of recent highs or lows.
A system that shows the smoothest possible positive equity line with the smallest drawdown.
No need for other indicators this is a pure price action based system. Which I personally see as the type of system that shows the most promising results.
An optional automatic lot adjustment feature that adjusts lot size to the account balance. Or to use a fixed lot size.
Features a panel showing, bid, ask, spread, lot size balance, equity, profit/loss, stop level and a button to help you find a broker with the fastest execution speed!
What next?
Remember the one thing you can PREDICT is that price will eventually breakout of recent highs and lows and that ZZ Scalper exploits this.
Bear in mind I’ve seen this very system for sale by many other developers who usually charge anywhere
Free
Package Includes…
Frequently Asked Questions
Q. What are the best markets and timeframes to trade?
XAUUSD and EURUSD are the best markets along with the 1 Hour timeframe. Although I have had reports from other saying the 15 minute timeframes are good. It really is down to you to find the best by back testing.
Q. Which are the best settings for the EA?
Default parameters are perfect.
Q. Does slippage affect the EA negatively?
Yes, it does. However, since the EA has a user input that doesn’t allow trades to be placed when slippage is too high it should steer clear of larger slippage.
Q. Are there any recommended brokers to trade with?
This EA is very broker sensitive we need our pending order taken at exactly price its been placed at so speed is vital. Again see the manual for best settings.
Q. What account balance should I start with?
Because it doesn’t rely on any high risk trading we can trade with a minimum of £10-£20 using the free version to get a feel for it. But I would recommend when you want to roll it out for larger profits scaling up to £200-£500 for decent returns.
Q. When will I get the software?
As soon as payment is secured you get another page with a download link you simply press this and the MT4 file is downloaded to your device.
Q. Is there a free trial?
I always give free trials, unlike other developers I believe you should know the product better before parting with any money.
Q. What after-purchase support will I get?
I love questions and feedback. I think it’s how I can learn and improve also as a developer. But, I also expect software users to read the instruction manual as most questions are answered in there. Even so please feel free to contact me via help page or by email. Usually, I respond in 24 hours. I am always glad to help.