Real Trades with BladeSCALPER

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Viewing 12 posts - 1 through 12 (of 12 total)
  • #193721

    Hey there,

    Please find here a thread where the community can share some experience, real trades and ask for support of our product devoted to scalping: BladeSCALPER
    https://market.prorealcode.com/product/bladescalper/

    Trade safely,

    Chris

    #193723

    Thank you Chris, unfortunately there is not enough discussion on the forum about manual trading and this is something I would like to see more and more. I would like to develop this in the next versions of the site, so your topic does not bother me on the contrary.
    However, I think you should already present your entries / exit, and how you use your indicator, so that the topic is not just a “showcase” for a commercial product, thanks for your involvement! 🙂

    1 user thanked author for this post.
    #194200

    @Nicolas, tanks for the reminder; I have been a little too quick indeed on this ;-))

    So what is BladeSCALPER about ?

    Some of the most predictive patterns you can find are the “Double Tops” and “Double Bottoms”, commonely called “M” and “W” as the letter explicitely shows these patterns.

    BladeSCALPER is a concentrate of innovations to make scalping simple and easy.

    • With the ScalpUP / ScalpDOWN Signal© – you get a clear signal of the next probable move when the patterns of M and W are identified, in real time and do not repaint.
    • With the PowerZones© – get instantly the zone where the price will probably get attracted to; we innovated on the basic Supports and Resistances concept by adding new features with:
      • zones that correspond better to real life trading than lines
      • strength (how many times the Support/Resistance have been touched in the past)
      • and distance between these zones
      • the last two being  customizable to match your favorite time frame
      • and lastly for convenience the zones change color depending of their position vs price: they turn red is the price is below them and blue if they are abo
    • With the RewardBox ©  – adjust TP1/TP2/TP3 accordingly to the PowerZones 
    • TP1/TP2/TP3
      • We made these important marks of any trader in the indicator itself in order to adjust them visualy with the PowerZones© and set the TakeProfits accordingly.
      • Please note that quite often the Market will test the bottoms and the tops before validating such a figure;
      • Be wise enough no to jump into the pattern but wait for the price to close over/under the Entry on your favorite time frame
    • VWAP: with a propriatory formula based on the sequence of M & W patterns identified, see very early if the pattern is invalidated by the market as the price crosses above / under the VWAP
      • if a W pattern is validated, the price will stay above the VWAP in a ScalpUP move
      • if a M pattern is validated, the price will stay under the VWAP in a ScalpDown move

    Please see the enclosed picture ;

    We can discuss here also what could be the next updates that the users can want us to develop.

    At your disposal,

    Chris
    —————————————————————
    Our other threads on our solutions can be found here :
    https://www.prorealcode.com/topic/real-trades-with-trenddecoder/

    https://www.prorealcode.com/topic/trenddecoder-screener-customization/

    #196219

    Hi Chris,

    Thanks for this great indicator. Is it possible to call the Buy or Sell signal of this indicator in order to create a robot based on it ?

    I tried with this but it is telling me that it sends back 2 values instead of one.

    Conditionbuy = CALL “BladeSCALPER”[1, 0, 1, 200, 0]

    Thanks

    #196245

    Hi all.

    I want to share my experience using Blade Scalper together with Trend Decoder and other indicators that I won’t include in my summary because I want to only focus on these two that I acquired from the same developer.

    Today it was my first day using the Blade Scalper indicator. I scalp mostly using 144 ticks and on micro/mini indexes (SP500, DAX, Nasdaq…)

    First impression: With a few exceptions, I was surprised by the fact of how accurate the signals were. I can say that today the success ratio was 7/10. There were a few cases where the signals were invalidated because the price went above or below the line (depending on buy/sell).

    In my opinion I think that the indicator could suggest entering earlier. I see that we are losing a few candles. Of course, this could cause a reduction on the accuracy. Maybe it would be good to have the option to change if we want to make the indicator give us a signal (entry point) at the angle of the triangle nearest to the rectangle, instead of doing it at the first candle that enters the rectangle (I hope I’m being clear enough). Another recommendation is that if the trend continues in a way that we could be earning more, the rectangle should expand to the right. I had cases where I continued gaining with candles out of the rectangle. I must say that today it was a day of high volatility.

    Now, adding the Trend Decoder to the picture:

    • There were some cases where the decoder showed notifications related to uptrend or downtrend inside the Scalper rectangle. 9/10 times these signals were accurate and translated into more gains.
    • In all cases, the trend lines were accurate.

    I’ll continue trading tomorrow with the Blade Scalper enabled.

    I hope you find my feedback useful.

    Cheers.

    Marcelo.

     

    2 users thanked author for this post.
    #196294

    @natquinson

    Thanks for having posted here Nathanael the discussion we started on Whatsapp so that other can take advantage of this;

    so to complete my answer here is the code you can use to get the signal of BladeSCALPER:

    => of course you need to adapt each parameter of the PatternFACTOR and the MovingAverageFILTER

    Looking forward to seeing your research ; would you share them here ;-)?

    at your disposal !!

    Chris

    2 users thanked author for this post.
    #196297

    @mdiiorio This is fantastic Marcelo; very grateful that you accepted to share this experience with the growing community of BladeSCALPER users 😉

    Very clever to have mixed TrendDECODER and BladeSCALPER together specialy on this very short TimeFrame;
    I will see what I can do with the RewardBox to expend it on the current scalp; other clients have understood it as being an exit signal, which is not; as it allows only to show clearly the TP1 /2 /3;

    Changing the size of the current RewardBox would change all the sizes of those in the past;

    => please let me know if this woul be a problem for you

    Very best,

    Chris

    #196298

    Hey, thanks for your prompt response!

    It’s not a problem at all. I understand how the indicator works, and I’m happy with that.

    Thanks for making our trading easier!

    1 user thanked author for this post.
    #196384

    Thanks for the code. I have actually another question. How is calculated the “Gains” in the Blade Scalper table (see screen-shot)?

    I don’t understand how if there is only 40% win we can have a positive gain as the TP1 is nearly equal the stop loss.

     

     

    #196391

    Hi Nathanaël,
    I can understand your astonishment: indeed if there are 2 wins and 3 fails i.e reaching SL, logically the P&L should be négative.

    But the calculation of the gains takes into account the 3 TPs; so in this case the 3 wins have generated a global positive win.
    Please note that the % of win is to be well understood; you can have a 30% win that creates more gains than a 60% win depending on you risk-reward ratio = the position of your TPs ;

    Thus it is important to get that your risk-reward ratio is key and more important than the Win Signal %; moreover, the PowerZONES are the other element to consider in order to define the position of the TPs and evaluate their probaility to be hit;

    Hope to have answered you;

    Chris

    1 user thanked author for this post.
    #197367

    Hi Chris, can you share with us the rules for deciding the depth of the blade scalper grey box for use as stop loss? I notice sometimes it’s set at the lowest low of the pattern that’s been detected, but have seen instances where it’s been different. I’ve been using a dochian channel to try and model it but it’s not always accurate. Great indicator though, so thanks for your good work & any guidance on above appreciated.
    Regards

    Chris

    #197666

    Hi Chris,

    Sorry for this late reply due to vacations timing; to be precise can you send exemples where it is not the case for double bottoms?

    Best,

    Chris

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