Real Trades with BladeSCALPER
- This topic has 11 replies, 5 voices, and was last updated 2 years ago by
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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.
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.
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
12345678910ignored, BladeSignal = CALL "BladeSCALPER"[1, 1, 1, 1, 1, 20, 1.5, 0, 2, 1000, 3, 1, 23.6, 0, 1, 0, 200, 0, 0](close)//of course you need to adapt each parameter of the PatternFactor and the MovingAverageFILTER (23.6, ... , ..., 0, 200, 0)if not longonmarket and BladeSignal =1 thenbuy at marketendifif not shortonmarket and BladeSignal =-1 thensellshort at marketendifLooking forward to seeing your research ; would you share them here ;-)?
at your disposal !!
Chris
2 users thanked author for this post.
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.
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.
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