Ray Scalper Strategy
Ray Scalper is the result of our research in the field of ray tracing and efforts to enable implementation of the concepts into Forex trading. this EA has been developed keeping in mind the requirement of short term gains of most traders. Ray Scalper provides good portfolio diversification since its trading strategy is completely different from any other EA currently available commercially.
Ray Scalper is based on the concept of ray tracing. Support/Resistances are calculated using Fibonacci levels, weekly classical pivots and other standard methods. These levels are considered as objects. The EA close of every 15 minute bar the EA shoots out rays in both long and short directions. The default target price (H1 ATR) is placed at distance about 6 hours. Rays which were able to reach the target without cutting across any support/resistance levels are considered for trading. The EA opens a long or short trade based on the best possible ray's direction. Stoploss is placed at 4x the H1 ATR. This allows the EA enough room to close trades which does not work immediately in its favor. Read More about Ray Scalper Trading Strategy.
Ray Scalper is a product of PhiBase Technologies. Our first product, PhiBase Synergy, was released in February 2012 and has been performing very well. PhiBase Technologies is one of the most respected developers of Expert Advisors in the Forex trading community. At Phibase, we value honesty-professionalism at every level and work towards making automated trading successful for our members. PhiBase also provides members with regular technical reports based on important events or additional information which would help them understand the trading system better. PhiBase has one of the best customer support in the industry.
The EA is reviewed in-house and all statistical analysis are performed at our end. This enables prospective members to make a well informed decision before starting to use the EA. All our products are also reviewed by independent non-affiliate reviewers. We are also available for technical discussions on Donna Forex forum. Read More about PhiBase Synergy.
Ray Scalper V2.0 Features
Trading Strategy Based On Concept of Ray Tracing
Price Action Analyzed on M15 and H1 timeframes
Strategy based on M15/H1 Trading Range Channnels & Fibonacci Levels
Multiple Time Frame Analysis
Recommended Currency Pair - EURUSD
Professional Trade and Money Management
Protective Server Side Target Price (~ 60 to 300 pips)
Protective Server Side StopLoss (~ 60 to 200 pips)
StopLoss placed above/below second level of support/resistance
Option to Trail StopLoss above/below first level of support/resistance
Intelligent Trailing StopLoss - excellent locking in of gains
Average Profit:Loss ratio 1:2
Trade success rate of 75% (over 13 year backtest)
Trade success rate of 80% (7 months live forward test)
Option to improve R/R ratio by enabling exit strategy (improves R/R to 3:4 for success rate 65%)
Opens only one trade position at a time - trades every signal.
No Martingale - No Pyramiding - No Pending Orders
NFA Compliant : No Hedging - Follows FIFO
Lifetime license - 2 Real and 2 Demo accounts
Broker independent - Minimal differences between different brokers accounts.
Lifetime support and free updates for ONE Year
Optional annual update renewal fee of US$ 35
Trades all accounts types - Micro, mini, and standard accounts
Works with 4 and 5 digits brokers
Operates on any MT4 broker - ECN, STP, NFA regulated broker
24x7 Email Support (response time less than 6 hours)
24x7 Email Technical Support (response time less than 12 hours)
Technical chat session available with prior appointment
Real money reference account (Third Party and In-house - over 7 months in forward tests)
Reference demo accounts (Third Party and In-house - over 7 months in forward tests)
License Valid for Two Real and Two Demo Accounts
Get Instant Access to Ray Scalper V2.
Your Payment processed securely by AvanGate. You can start trading immediately after registering you account through Email. (Validation within in 6 hours of registering account numbers).
Please register your account numbers through EMAIL (Response time less than 6 hours). Our HelpDesk is available to serve you on all days (02 hours to 20 hours GMT).
Detailed Online User Guide walks you through the simple setup process. The EA is fully automatic - No need to configure or optimize settings.
Free updates/upgrades for ONE YEAR. Our R&D team strives to improve and keep the EA competitive at all times. All Ray Scalper members will receive free updates for the purchased product as soon as a newer version is released.
After the first year, users only need to pay a very nominal update renewal fee of US$35 (any updates will be free again for period of one year from the date of renewal). This fee is optional - You do not need to pay the annual fee if you do not wish to receive products updates. General/technical Support is free for lifetime of the EA.
We have a standard purchase protection gaurantee - Refund can only be claimed in case of Non-Delivery or Non Activation of EA. Ray Scalper's performance over short term of 30 days cannot be gauranteed - The EA can deliver consistent profits on the medium and long term if it is run continuously without manual intervention. Read more about why PhiBase does not follow the usual 30 Day Refund Policy offered by most vendors.
Ray Scalper has a success rate of over 75% when tested over a period of 13 years. The EA has shown a worst case drawdown of about 800 pips and such drawdowns may happen anytime in future also. The EA has the capabilty to recover strongly from any such drawdown provided the EA is run continuously and without manual intervention. The worst consecutive losing streak was for 5 trades where as the winning streak was for 23 trades. The EA will have some losing months - these losses are considered part of the strategy and are not a defect in the program or logic.
Up on approval of Payment, You will receive the following:
Ray Scalper EA for MT4 - Lifetime license for 2 (two) REAL LIVE accounts and 2 (two) demo accounts.
Ray Scalper EA comes with an installation file and online user manual. Our detailed online user guide walks you through the simple setup process. The EA is fully automatic - No need to configure or optimize settings. The recommended settings are the EA's default values. Advanced user controlled parameters may be altered if required after understanding the function of each parameter - Our reference accounts will run recommended defaults parameters.
We are confident that Ray Scalper EA will impress you with its trading strategy. Please go through the trading strategy description and the statistical analysis prior to making your purchase. You will love the results and will be entirely satisfied with your purchase.
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