Hi everybody! Guys, I have some great news: I quit my job as a lead developer, and now I have all the time I want to test out Forex tools! It wasn’t an easy step, I loved my job, but I made my choice and decided that I love Forex more!

In today’s review I want to talk about a new scalping tool by Oliver Murphy. I feel like I need to clarify my position regarding his tools beforehand: I like his algorithms, they are ones of the best I’ve ever tested, but until recently I believed that they are quite similar and trying out each new one is meaningless. So, Cryo Scalper had every chance of being missed by me, if not for one thing.

My review on another indicator by Oliver: https://forexrealreviews.com/my-real-review-on-forex-jupiter-indicator/

cryo scalper review

I accidentally came across the Telegram group for Cryo Scalper members that was created by one of its users. I became really interested because it was definitely a place to find out about the performance of the tool. To become a member, you need to prove that you own the software, but luckily for me, they also accept Forex Voltage users. I read all the opinions and all the discussions in the group. Some of the members were struggling with finding the suitable settings, but a lot of them were excited with the results achieved. Some members talked about 95% win rate, which is even higher than the 93% the developer claimed! Some members also talked about increasing their deposit by 20% in just a few days!

You have to admit it – such feedback from real users is nothing but encouraging! That is why I got my own Cryo Scalper without any doubt.

Cryo Scalper Characteristics

Software Type: Indicator (can be turned into an EA (robot)
Platform: MetaTrader4/MetaTrader5
Timeframes: M1, M5, M15 and M30
Pairs and assets: all
Repaint: no
Special Features: 3 Trading Modes. Adaptive TP & SL levels
Price: plans from $95

My experience with Cryo Scalper

The guys in the group agreed on Conservative Mode being the best one for Cryo Scalper. Oliver recommends it as well in the user guide to the software, so the choice here was obvious. I also enabled Trailing Stop function for Cryo Scalper Manager because the members of the group recommended it without exception. This was precisely the topic of their arguments – the best settings for Trailing Step, Start, etc. I decided to start with the default settings and change them later based on the results of my trading. The members of the group also disagreed on the exact timeframe, but the best results were mainly achieved on M15 and M30.

Since Cryo Scalper was created for catching small trends, I decided to trade on M15 timeframe. The first two days of testing out the default settings showed that Cryo Scalper indeed has a high win rate, but the default settings for Trailing Stop are not exactly suitable for M15 timeframe: the trades were closed with small profit, but they had higher potential.

That is why I analyzed the recent trades carefully and came up with the settings for Trailing Stop that I felt like were going to give higher profit while helping avoid hitting SL level.

The next week showed that I was on the right track: the profits became bigger and the win rate stayed as high as it was before. I spent a bit more time tuning my settings and now I can confidently let Cryo Scalper Manager work automatically without my interference.

My Conclusion

Cryo Scalper has truly impressive win rate. I am extremely happy that I came across the group with its users and decided to test it out! My special thanks go to John, the creator of the group! I wish him and other members of his group bigger wins and higher profits!

The only drawback I would like to point out which was also discussed by the members of the group is that the user guide lacks the recommended Trailing Stop values for different timeframes. Oliver probably believes that this feature is more suitable for advanced users, but beginners want to use it as well to get bigger profit. Nevertheless, I figured out the setup that works for me and I am ready to share my findings. In order to get them, you need to get your own copy of Cryo Scalper (obviously) and sent me an email at trentbaxter@forexrealreviews.com. I can also share the link to the members group on Telegram with you. Together we surely will be able to get the most from this incredible tool!

Get Cryo Scalper Software

Contact Oliver Murphy: olivermurphy@altraforex.com 
or https://t.me/olivermurphy

Contact me: trentbaxter@forexrealreviews.com