Tools and Resources
Every tool we recommend is one we’ve tested, used, or genuinely believe can improve a trader’s workflow.
A curated directory of trading platforms, brokers, prop firms, and resources that the Elite Scalpers team and trading community use or have discussed.Finding the right platform is not just about choosing the most popular name. It is about understanding your trading requirements, checking relevant rules, and selecting services that suit your strategy and location.
Tools any trader needs at first
Practice First. Pay Later.
These three tools are all a new trader needs to get started. Use FX Replay to practise trading on historical market data, TradingView to learn chart analysis and paper trading, and FXVerify to review trading performance and broker information.
All three offer free starting options, helping you develop your skills, understand your results, and build a repeatable process before risking real money.
The Order That Actually Works
Buying software does not make you profitable. Following a structured practice process builds the discipline, consistency, and data you need before paying for a trading evaluation.
01
Pick One Market
Choose NAS100, SPX500, US30 and focus on one market and one trading session. Learning multiple markets at once can divide your attention and make consistent execution harder.
02
Replay It in FX Replay
Study historical market days candle by candle. Practise your setup repeatedly without risking real money, and learn how it behaves in different market conditions.
03
Apply Proper Risk Management
Use FxVerify to calculate your risk easily
04
Chart and Trade Properly
TradingView for your charts, and its free paper trading account to trade the same setup forward on live prices while you keep replaying.
05
Count Before You Pay
Aim for at least 100 documented trades. Review your win rate, average winning trade, average losing trade, and rule adherence before deciding whether a paid evaluation is appropriate.
RECOMMENDED TOOL
FX Replay
This is where you begin developing your trading skills. FX Replay lets you replay historical market data candle by candle, allowing you to practise entries, exits, and trade management without risking real money.
Instead of waiting for live setups to appear, you can study previous market sessions, repeat your strategy, and build a more consistent approach to execution.
Why we recommend FX Replay
Practise trading with a simulator instead of a live brokerage account.
Replay historical market data across supported markets and instruments.
Complete multiple practice sessions without waiting for live setups.
Record results and evaluate whether your trading setup performs consistently.
How to practise with FX Replay
Pick one market, such as NAS100, SPX500, US30.
Replay one historical trading day at a time.
Take only trades that meet your predefined setup.
Record at least 50 trades before drawing preliminary conclusions.
Analyse your win rate, average win, average loss, and execution quality.
Use FX Replay Discount Code: ELITE-IS
CHARTING PLATFORM
TradingView
Free Charts to learn on with paper trading built in
Where you’ll read the market.The free plan is genuienely enough for a new trader, and has a built-in paper trading account fake money on live prices so you can practice forward in rEal time as well as backwards in replay. Most Prop firms either connect to it directly or accept it as your analysis screen.
- Paper trading built in practice on live prices with fake money
- Free Plan is genuinely enough while you’re learning
- Clean Layouts you save once per market and reuse every session
How To Practice With It
- Open a paper trading account it’s free and takes about minutes
- Build One clean chart .No more than two indicators while you’re learning
- Set an alert at your level instead of staring at the screen all day
- Trade it forward in paper for two weeks alongside your replay practice.
Measure Performance. Research With Confidence.
FXVerify Position Size Calculator
Calculate the correct position size based on your account balance, risk percentage, and stop-loss distance. For your trading, enter your account balance, choose the instrument, set your stop loss, and specify your risk.
If you trade NASDAQ, SPX500 or US30: make sure the calculator’s contract specifications match your broker or prop firm, because index contract values can differ.
If you tell me your account size, instrument (NASDAQ, SPX500 or US30), stop-loss distance, and risk percentage, The FXVerify can calculate the position size.
Important: Never share your trading password or withdrawal credentials. Before connecting an account, understand exactly what access is requested.
Introducing Our Elite Journal
Your Trading. Your Data. Your Progress.
Consistent trading requires more than a strategy. It requires detailed review, discipline, and data-driven improvement.
That’s why we created Elite Journal, a professional trade-journaling and analytics platform designed to help scalpers track performance, identify recurring patterns, and refine execution.
With Elite Journal, you can:
Journal every trade with precision.
Analyse your strengths and weaknesses.
Track performance over time.
Identify recurring mistakes.
Build discipline through measurable data.
Improve decision-making through detailed analytics.
A private, professional-grade trading journal designed specifically for scalpers who want to understand their performance and improve their process.
What's inside Elite Journal?
TRADE, REFLECT, BUILD, ACCOUNT
01
Trade Entry
Record every trade, document your execution, and tag the setup you used. Build a clear history of your decisions
02
Journal Inbox
A structured form to help traders document every trade, follow their rules, understand their emotions, and improve through review.
03
News
A centralized news section to help traders stay informed about high-impact economic releases, Federal Reserve decisions, and Donald Trump’s public statements that may influence market sentiment.
04
Tracker
Track all your prop firm accounts in one dashboard. Monitor account sizes, daily drawdown limits, and maximum total drawdown to protect your capital and maintain discipline.
05
Calculator
A unified risk calculator for Elite Scalpers members to calculate position size, risk per trade, stop-loss exposure, and potential reward before entering the market.The core principle: Define your risk first. Calculate your position size second. Execute only when your setup qualifies.
06
Chart Room
A dedicated charting workspace for Elite Scalpers members to analyze live price action, identify liquidity, track market structure, and execute the Smart Cycle Framework with precision.
07
Playbooks
Create, edit, organize, and review your trading setups in one place. Build a personal library of repeatable strategies aligned with the Elite Scalpers Smart Cycle Framework.
08
Psychology
The Elite Scalpers Psychology Hub helps traders measure their discipline, identify emotional patterns, and understand how their mindset affects execution. Track your Discipline Score and visualize your psychological profile with a radar assessment.
09
Habit Lab
Build the discipline behind the execution. Complete your daily habits, prepare your market plan, and enter the session with a clear mind.
10
Goals
An Elite Scalpers goals dashboard with auto-tracked progress, donut progress indicators, and goal cards for trading performance, discipline, and personal development.
11
Elite AI (Vega)
Revenge Entries overtrading and detecting your leaks in trading
12
Motivation
A personal motivation space for Elite Scalpers members to set their daily intention, reconnect with their “why,” celebrate disciplined execution, and build a searchable library of personal trading lessons from wins and losses.
APPROVED RESOURCES
Forex Factory
Successful trading requires awareness of the economic events that move the markets.
At Elite Scalpers, we encourage traders to use Forex Factory, a widely used economic calendar and market news platform, to monitor high-impact announcements and prepare for potential volatility.
What can you do with Forex Factory?
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Monitor high-impact economic news releases.
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Track scheduled market-moving events.
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Prepare for volatility before key trading sessions.
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Improve trade timing around major announcements.
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Incorporate news awareness into your risk management.
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Stay informed about relevant economic developments.
Why It Matters
Understanding scheduled economic events is an important part of disciplined execution. Interest-rate decisions, inflation reports, employment data, and other announcements can affect market volatility and execution conditions.
By incorporating an economic calendar into your daily routine, you can make more informed decisions about when to trade, when to reduce exposure, and when to stay out of the market.