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Ray Scalper V1.9 Features

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


Ray Scalper V1.9 Features

Trading Strategy Based On Concept of Ray Tracing

Price Action Analyzed on M15 and H1 timeframes

Strategy based on Hourly Trading Range Channnels & Fibonacci Levels

Multiple Time Frame Analysis

Recommended Currency Pair - EURUSD

Professional Trade and Money Management

Protective Server Side StopLoss (~ 60 to 200 pips)

Protective Server Side Target Price (~ 60 to 300 pips)

Intelligent Trailing StopLoss

Average Profit:Loss ratio 1:2

Trade success rate of 75% (over 12 year backtest)

Trade success rate of 85% (5 months live forward test - Ray Scalper V1.0)

No Martingale - No Pyramiding - No Pending Orders

NFA Compliant : No Hedging - Follows FIFO

Lifetime license - 2 REAL LIVE and 2 Demo accounts

Broker independent - Minimal differences between different brokers accounts.

Lifetime support and free updates for ONE Year

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)

Real money reference account (Third Party and In-house)

Reference demo accounts (Third Party and In-house)



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