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Fibo Quantum Scalper is a new Forex indicator that promises fast profits, with power and accuracy. Built to work on the M1 and M5 timeframes, this product is supposed to the so easy to use that “even a baby can do it.” Today, we will provide a full overview, and let you know if the service is a viable opportunity, or a bloated sales pitch. Either way, you will get your answer.
According to the marketing material that landed in our inbox this morning, the product is a combined effort between Rita Lasker and Karl Dittmann. These are two of the most well-known Forex product producers, mostly due to their marketing prowess. Both of these vendors release products very frequently, and use very similar promotional techniques. One of our main criticisms of both of these developers, is that they don’t update their systems, and just come up with new products to replace them every few months. Generally, we find systems that focus on building and growing, instead of planned obsolescence provide much more value in the long run.
There is no headquarters or address for either developer, but traders can contact support via the contact form at the bottom of the sales page.
Contents
Fibo Quantum Scalper Review
Karl and Rita describe their Fibo Quantum Scalper as a system that comes with multiple trading styles, which lead to highly profitable signals. They believe that these aspects in conjunction with their user-friendly interface, built in Fibonacci technology, and non-repaint signals make their Forex indicator the most efficient in the entire marketplace.
As you already know, we are very picky when it comes to analyzing the best Forex indicators, and it takes high scores in order to make that list.
Trading Strategy
According to the sales page, the Fibo Quantum Scalper is based on scientific technology, and natural laws that are dictated by the Fibonacci principles. Outside of this statement, the only strategic detail the vendor provides is a generic outline about the 3 different trading styles.
These styles are comprised of conservative mode, medium mode and aggressive mode. Conservative mode provides the highest level of safety, but the lowest frequency of trades. The aggressive mode is essentially the opposite of conservative, and the medium mode is their most recommended because it resides right in the middle of the other two.
There is no real detail about their trading methodology, which is quite surprising because the website has thousands of words of content.
Indicator Analysis
- Type: Forex Indicator
- Price: $147
- Strategy: Scalping
- Timeframe: M1, M5
- Pairs: All Pairs
The Fibo Quantum Scalper is currently on sale for $147, down from its regular price of $395. For this price, traders get access to the Forex indicator, a detailed user guide, reliable signals, one real account, 24/7 support and a 30 day moneyback guarantee via ClickBank.
If you have any doubts, it’s always a good idea to email the vendor to clear them up before purchasing.
Trading Results
The main issue we have with both products for Rita Lasker and Karl Dittmann, is always the trading results. For the most part, both developers provide aesthetically pleasing presentations, and come across as professional traders because they’ve been doing this so long. Yet, their trading results are always missing the mark.
In this case, the Fibo Quantum Scalper doesn’t provide any long-term trading statements, or verified trading results.
There are a handful of screenshots, so we know it looks like on the chart, and we know that it can profit, but there is no real proof that is profitable in the short or long-term. Either Rita or Karl need to utilize their software, place trades with it, and then upload their trading statement to Myfxbook. This is not a complicated request, and it’s much easier to do than putting together this entire website.
We aren’t going to hold our breath, because we’ve been making the suggestion for years, but even their most recent products including Forex Millennium, and Daily Forex Robot have failed to do so.
Conclusion
There are areas of the Fibo Quantum Scalper website that clearly offer value, but as a whole, we can’t recommend the Forex indicator as it stands. We aren’t asking a lot here, we really just want to see if the vendor can prove that the system is profitable, even if just for a couple of months.
If you have anything you would like to add to the review, please leave your questions and remarks below the article now.
Fibo Quantum Scalper $147
- Pricing
- Strategy
- Results
- Client Feedback
- Customer Support
Summary
Fibo Quantum Scalper is a Forex indicator that uses a scalping trading strategy to provide trade alerts.
Overall
3Pros
Multiple well known vendors
Professional website
Great support team
Cons
No verified trading results
Not much in terms of strategy explanation
Was thinking about giving this a shot, but I’m not so sure anymore.
Has anyone used Fibo? The comments here aren’t exactly giving me the confidence I want to place an order for the indicator.
It’s just indicator, so if you complain that it didn’t bring any profits, they can always reply, that you didn’t act at the right time, when indicator gave alert. It also seems that it’s just one of thousands versions of “arrow indicator”, where you can usually change one parameter, which give you then more or less frequent alerts. I tried many of them already and even the best arrow indicators can make some profits only when trends are nice and longer, while not giving much use when there is not much trend and the market is choppy. Having such a high price for such indicator is really big shame. But hey, as most of such indicators on the market, the target is always only beginners, which believe more to flashy video and plenty “screenshots”, reading that this is same profitable for beginners as for expierienced traders. Too bad, that beginners have to experience some learning stages in this way, while merketers like these only benefit from such beginners. And nobody ever asks, while there are still no plenty of billionaires (or trillionaires) in the world, if such “great” indicators can really make daily 10%, 20%, 50% or even 100% daily profits, for years… Too silly, but also too sad to see where it goes the money of beginners, instead to invest into some really useful tools for trading.
I received this offer yesterday in my email. All of it sounded good and I would like to purchase it. I do not want to purchase it and then ask for my money back within 30 days as they offer. I want it to work. The sales pitch guy and the “only 6 copies left” jargon are big red flags for me. If I do not believe they are truthful in their marketing, it puts serious apprehension in me to make a purchase. And yeah…..I really do not believe they only have 6 copies left at this price…..or any price. However the sales page did its job. I would really like to make the purchase. I guess I will wait for now until more reviews come out. Thanks FRN team for your diligence on these matters. We really appreciate it.
Tom
Can this product be used on the MT4 Platform?
Yes Geoff, this is built specifically for the MT4 platform.
I received this offer from Karl Dittmann in my inbox today and I am extremely interested in talking with someone who has actually used the product so I have the truth about its usefulness. If you should actually test the Fibo Quantum Scalper, would you kindly contact me.
Hi Vincent, at this point we recommend waiting for the vendor to prove that it is viable. It is their responsibility first.