Basically, the Detector is designed to spot high potential entry and exit points and send real-time alerts to you. It’s easy to integrate with the MT4 platform plus it’s capable of sending pop-up alerts as well as SMS notifications.
For that reason, it’s one of the friendliest services on the market yet. What’s more? It’s available in 3 modes, meaning you can always tweak it as per your trading style and risk appetite.
This is a low-risk version of the program and it mainly aims to help you get started and build your confidence. The mode allows you to work with a normal signal frequency and typically aims to offer you the optimal protection possible. However, its trend detection is slightly lower than what you’d expect with the other two successive modes.
With a relatively higher signal frequency range and an average safety score, the medium mode is best suited for intermediate traders. It’s pretty sensitive to new trend alerts despite carrying a moderate level of risk.
This is a high-risk mode and is, therefore, best suited for anyone who would like to push their trading game to the limits. On a positive note, though, it’s the mode that enables you to get the highest level of frequency and trend detection.
This mode is not included as part of the three default modes and that’s because it’s only meant for advanced users who can tweak the system’s core settings. So, no matter your style of trading, this mode gives you the opportunity to adjust the signal’s frequency and speed.
Overall, one of the main benefits of using this tool unlike others is that it doesn’t repaint. If you’ve been using indicators for some time, chances are that you know how frustrating things can get. There are days when you can wake up to a strong sell/buy signal but hours after you’ve entered the market, the signal repaints itself thereby leaving you exposed.
The Scalping Detector is built to overcome that problem. That’s mainly because it relies on a smart level of technology which helps it deliver laser focused signals. Best of all, the indicator works with M5 and M1 timeframes – giving you the opportunity to make some pretty quick wins.