Friday, December 7, 2012

NUMBER ONE EXTREME SCALPER - "IMPULSIVE"

Good day, The extreme scalper form Number One is a "impulsive" scalper. It trades on price impulse retracements that very often happens after a strong, impulsive, market movement. It’s a counter-trend scalper that send a stop order and moves them near the price. According to the website "This strategy needs a very high order execution quality." This is something that not every broker has, that's for sure. The suggested brokers are ILQ and FxPrimus. It also appears that Pepperstone may work well too. Out of all these brokers, only ILQ will accept U.S. Clients at time of writing.

According to the vendor, This trades best on the Eur/Usd pair but trades fairly well on other majors. The price for a licence is only good for 1 year. There are two price points, depending on what broker you want to use as outlined below:

IB Type: this license will permit NumberOne to run only with brokers where SteadyOnFx is a registered Introducing Broker. This is a link to our Introduced Brokers, clicking on banner inside these pages, our Company will become your IB.

Full Type: with this licence type the EA is licensed to run on three (3) different accounts, regardless of the broker’s brand and name including account switches and demo accounts. (Only under special requests we can delete a wrong registered account number, we reserve to evaluate any single request).

                          

At time of writing, this system was performing rather well as seen above. But I must conclude that the cost of admission for a year licence and the lack of brokerage support prevents me from recommending this. For those who wish to try this there is a 30 day "conditional" money back guarantee. The account shown above is a real money account.