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Karl Dittmann is back, and this time he’s promoting another Forex scalping indicator, Infinity Scalper. Karl tells us that his new 100% no repaint indicator comes with “smart buy/sell signals and an amazing optimal exit feature that enables you to get the best out of every trade.” The goal of this trading system is to provide accurate trading signals for both the M1 and M5 time frames.
The Karl Dittmann Forex Group has been providing indicators in the Forex market for as long as the Forex Robot Nation website has been around. He claims to be located in Germany, but there is no address for the KDFG offices. If you need to get in touch with support for any of his products you can go to karldittmann.com/help.html.
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Contents
Infinity Scalper Review
According to the sales page, the main purpose of the Infinity Scalper indicator is “to bring more ease and simplicity to your trading life.” Like most of Karl’s products, this system is built to handle all of the workload. Karl doesn’t want his clients to do any analysis, outside of relying on the software. He tells us that this system has an advanced trading technology that is built-in which will make it more intelligent when dealing with quick decisions. This advanced trading technology isn’t discussed in detail, so hopefully it isn’t just marketing jargon.
Breakdown
- Type: Forex Indicator
- Price: $87
- Strategy: Scalper
- Timeframe: M1, M5
- Pairs: All Pairs
One of the consistent issues I have with Karl’s products is that the strategy is frequently too large. Every system he releases works with a couple of different time frames and then every single Forex pair. I prefer systems that have specific pairs, and specific trading sessions so that I don’t have to do any major tests on my own.
In this case, I would need to do in-depth research and testing to figure out when the Infinity Scalper is most profitable, and what pairs. As, no indicator or Forex system is just going to work all the time on every pair.
Karl Dittmann
Karl claims to be a German trader with over 15 years of trading experience. I’ve always known Karl as a Forex product developer. As I mentioned earlier, Karl has been producing systems in this market for years. He tends to release a new product every 2 to 3 months. The majority of them are indicators, and from time to time he will release a robot as well.
Here are his last three releases:
Considering his release schedule, sometimes I feel that he is taking on too much and not giving his strategies enough room to grow. I prefer developers that release systems once every few years, and then support and develop that system for long periods of time.
Trading Results
The main problem I have with the Infinity Scalper, is the results. The sales page is sufficient, and provides more information than many other products but the results are lacking. Maybe Karl has issues putting together transparent results because he releases too many systems, but the bottom line is screenshots are not viable proof in 2017.
In order for this product to be taken seriously, along the lines of many of the more professional commercial systems, it needs to have real trading statements. It’s hard to know how well this system can actually perform without seeing a Myfxbook account, or any other statement sharing service. It’s too easy for Karl to make a bunch of screenshots cherry picking all of the best trades.
What I need to see from this system, and other systems coming from the KDFG moving forward is tangible trading results. Screenshots are just not cutting it.
Conclusion
At this point in time, I’m going to be giving the Infinity Scalper indicator a 3 star rating out of 5. Karl does have experience in this market so I don’t want to cut his knees out from underneath him, but I would really like to see him use his trading systems on a live trading account to prove their worth.
Please let me know what you think about the software, by leaving your comments below the article now.
I feel it would be better if u reveiwed these products thru using them yourself and telling us if they do work rather than telling us what u think, because your reveiw is based on a product’s sale page plus what u think.
Yes, in a perfect world, that’s what we would do. We do feel however, that the vendor should prove the product is viable before we have to purchase it. The onus should not be on the reviewer to prove that a product works.
No, Patrick, that’s your job in calling this type of forum a “review”. You know, as in the title.
It’s hard enough to get a grasp on what really works and what’s a scam without someone cloaking helpful advice in a marketing rehash.
You might as well say, “We, however, feel that the foxes guarding the hen house are trustworthy enough to be there, otherwise they would not be guarding the hen house.”
What a bummer. 0 of 5 stars for forexrobotnation.com.
I make valid points in the review, and stand by those points.
I still believe that every Forex product developer should provide verified trading results.
That being said, the review is over 3 years old and the review process is much improved in 2021.