FRZ Turbo Scalping is a simple manual scalping trading system that can be used to scalp the market in lower time frames. The system comes with just two indicators, one a triangular moving average-based channel indicator, while the other is a support and resistance indicator. The system also comes with a simple trade manager EA for entering and closing the trades. The arrows on the chart can be repainted but still, we can use it for our strategy effectively.
Video: How to install and use
Screenshot
Specs
| Product name | FRZ Turbo Scalping System (Manual System) |
| Platforms Supported | MT4 |
| Time frame | Any (01 or 05 Minute Charts Recommended) |
| Recommended pairs | Any currency pair |
| Suitable market sessions | Works on any session. High volume sessions recommended |
| Recommended broker | Any broker with low spreads/ECN accounts recommended |
| Minimum deposit, leverage, and lot size | $100 Minimum. Cent accounts can also be used. Higher the leverage, the better. |
| License | The license quantity represents the no. of trading accounts that you can use the software simultaneously. You can download the software instantly after the payment but you need to notify us of your account number/s for activation. The account licenses can be transferred to a new account free subject to licensing policy. Existing customers are entitled to free lifetime updates subject to our terms. The full terms and conditions including the refund policy are given on this page. FRZ Turbo Scalping System |
| Support | Personalized support (remote desktop/providing set files) on first installation/automation (please request within 14 days of purchase). General live chat, support ticket and email support are available thereafter. However if you need personalized support (remote desktop/providing set files) for any installation/automation beyond this scope, you can always hire one of our experts at an additional fee. More details on support is given here. FRZ Turbo Scalping System |
| Current version | 1.1 |
The buy rules:
- The green arrow appears.
- The price has gone below the lower line of the channel in the current or previous candle.
- There is a nearby support zone below the green arrow
- Current price is below the channel middle line
And the sell rules:
- The red arrow appears.
- The price has gone above the higher line of the channel in the current or previous candle.
- There is a nearby resistance zone above the red arrow
- Current price is above the channel middle line
Lot sizing:
- We recommended a maximum of 0.01 lots per each $100 balance. E.g. if you have 1000, then 0.1 or less (higher the lot of size, higher risk)
Trade management:
- If the price continues to go against us, we keep adding new trades in the same direction on each of the new arrows (DCA trades).
Trade exit:
- We exit the trade/s when the price touches the middle line (white) of the moving averages.
Jacob H –
Nice simple strategy. Looks promising. Thank you guys!