Super Profit Scalper is another Forex indicator by Karl Dittman. According to the sales page this indicator comes with a 200+ pips a day formula and the revolutionary instant M1 and M5 high profit technology. Karl has been busy releasing Forex trading systems for the past 6 years and we’ve reviewed almost every single one of them.
Today we will review this latest indicator and let you know if Karl has turned a corner and found a strategy that we should be using in our daily trading.
Super Profit Scalper Review
The Super Profit Scalper is being advertised as “the perfect solution for people who only have just a few minutes a day for trading and want that big and fast profit.” The software is built to pick up on fast profitable price movements and provide traders with buy and sell signals throughout the day. The software is using a very reliable signal filtering system but the details of this aren’t explained fully.
The indicator does not repaint and the software comes with a guide that informs traders on “8 special pairs” that the software has been showing fantastic results with.
Type: Forex Indicator
Timeframe: M1, M5
Pairs: All Forex Pairs
Karl Dittman History
The last indicator Karl released was in early December so it’s surprising to see another product launch is at our doorstep again. It would likely be in Karl’s best interest to spend more time supporting and developing old products as opposed to releasing new systems this frequently. I’ll give them credit though, he can surely come up with a Forex strategy in an awful hurry.
Here’s a list of his last few products, and the Forex Robot Nation reviews.
- Pips Wizard Pro (December 8, 2016)
- Hidden Scalping Code (October 18, 2016)
- Fast FX Profit (August 23, 2016)
- 5 Star Trend Profit (May 24, 2016)
As you can see by the dates listed above, Karl has a new product launch scheduled every two months. Hopefully this frequency isn’t hurting the quality of the products.
There are only a few issues that we have with the way Karl approaches his products, and the Super Profit Scalper results is an example of one of them. The trading results for this software provide us with a very short trading history and quite frankly a sample size that doesn’t indicate the viability of this software in the short or long-term. With account statement services like myFXbook and MT4 live it’s disappointing that Karl still relies on brief screen shots.
The positive about Karl Dittman and his Super Profit Scalper is that he’s been in this market for a very long time so you know what to expect. Yet, without any real results and a lack of client feedback for any of his products recently, it’s hard to give anything higher than a 3 star rating.