Hello my friend!

First, a simple answer: my favorite strategy is #1. Now in more detail. These strategies have a completely different algorithm for finding reversal points. But since their common task is to find a price reversal, their signals may be similar in some places - somewhere one indicator gives a signal earlier, somewhere another one does. I have made several strategies for one indicator to let every user choose the comfortable strategy that is convenient to him and fits his trading style. Eventually, I planned to add more strategies, but I gave up this idea because it was confusing for users because of a large number of built-in strategies. I mainly use the first strategy built into the Scalper Inside PRO indicator. 

By the way, I want to pay attention to everyone because the market is very low volatility at now (before a new year), and I recommend not taking risks in active trading!

What general algorithm for working with the indicator I would recommend. At the beginning of the day, we choose currency pairs or other trading instruments with a better WR% (> 75-80%).

Regarding the choice of an appropriate strategy, I will say the following. 

Don't be static. The market is not static-it is changing. That's why there are no tools that work well forever! You need to monitor the market and change your decisions in case of changes in its trading phases. That's why I keep my products up to date, adjust them when necessary, and share it with you. I have been called a professional (fanatic) of my craft several times already, and it's true. It's important to me that everything is perfect.

Now, on the subject of flexibility, here's an example: let's check a gold.

Strategy 2:

Not bad, but not a great WR today. We can switch to another trading instrument or check Strategy 1.

Much better. Although the signals may seem similar, strategy 1 gave less noise and false trades. Why can signals seem similar at all? It's simple - the task of the indicator (and of any strategy it uses) is to find the price reversal point, so sometimes the signals may be very similar, but with different targets, etc. (depending on strategy algorithm). But since the algorithms of all the strategies are completely different, the overall result will still be different. In my opinion, in most cases, the first strategy is enough.

I have already answered about the first and second strategy before, so I will quote my own answer:

Strategy 1 (as default) is good for both lower and higher time frames:

Strategy 2 also works on lower and higher time frames, but I prefer to use it for higher timeframes (H1 and above):

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🎄🎁🎉 Merry Christmas and Happy New Year!

🎄🎁🎉 Merry Christmas and Happy New Year!

Hi Alexey

I really like your indicator.

It is possible to put number of pips for automatic stop loss calculation so we can better manage our position size.

Thank you.

Hi. Thank you for your kind words.

Yes, I got your idea. I will implement this feature in one of the following versions of the indicator.

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Hello to all my clients and friends. I want to apologize to everyone for some of the delays I had with coding, as I was on the road for a while, not at the main computer, and I could code minimally and only respond to messages! I'm home now, and with full vigor, I'm starting to finish all the updates! Please have just a bit more patience! Everything will be excellent, as there are so many ideas and plans! All the best and good luck! 

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🍀 Good Luck & Big Profits

I'm fine, thank you. I hope all is well with you too!

At first, I wanted to answer the question in one sentence since that is the easiest way. But I decided to share some of my insights and experiences that may be helpful to someone else. I always make suggestions and then look for confirmation or denial on the price charts in my trading practice.

For ease of perception, the indicator uses only charts of trading instruments. As I reason in this case: everything is simple - open trading instruments, choose the most interesting by the value of WR. Depending on what targets we want, we can also pay attention to TP2 levels for guidance. We can also try to set the filter by time, cut off the market's flat phases, and assess the results during important sessions (European, New York).

An example without filters, with default values:

Next, I recommend not taking a lot of trading symbols first, which will be difficult to control without practice. Take (for the beginning) trading symbols with a minimal spread to make it easier to work with them psychologically. At the beginning of my career as a trader, I was very concerned with the spread, but eventually, I realized that it is a kind of commission that we constantly pay: for payments in the store, for payments from card to card, etc. Spreads are essential in HFT trading, yes. But usually, it's just a commission. And by choosing a trading symbol with a low spread, you'll make things easier for yourself at the beginning. This is my opinion and experience.

For example, I opened a position slightly higher because of the spread. But some later, I closed it with an even larger delta to the profit level:

And here I missed the profit because I saw a suspicious candle and got scared of the reversal:

Late to close a position a bit:

I got more than I planned after an abnormal candle with a large spread (VSA analysis):

What do all these screenshots and examples tell us? The market is not static! Don't always try to be correct, and most importantly, don't try to take any guaranteed targets. Move with the market, adjusting to its rules, because we can't beat the market, but we can follow the cues and move with it. If you see any suspicious candles - reversal formations, then close. You will still have opportunities to open a position later, but now you will avoid the risks, or you will conclude that you were afraid for nothing. But it's all practice that's needed.

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🍀 Good Luck & Big Profits.

Hello, thanks for your quick and very detailed answer ! Very much appreciated.

That being said, what do you think about adding a parameter that we can manually modify, and it would be the spread ? For example I know with my broker I have more or less 400 points of spread with XAUUSD (3 digits)

So I could just type 400 in the spread parameters and all entry price and tp sl etc will be adapted accordingly. What do you think about adding that feature ?

Many thanks for your support and your time reading us !

Regards

Hello

Anyone of you facing problem that set to Delta entry on a chart, but after sometime it will automatically changed back to next candle entry? 

Yeah, I'll think about it. I wrote it down in my planner for ideas for future versions.

Hello. This is a strange effect, I have not encountered this. Write me more in private messages, we will look for what may be the cause.

UPDATE: SCALPER INSIDE PRO v3.3

🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻

📌 What's New:

✔️ Upgrading and optimizing the strategy module 2, correcting some problems that may have occurred in some cases

✔️ New features when working with the calculated Stop-Loss level, and in the signal module of the indicator

🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻🔺🔻

Added a display of loss level in pips, if you selected automatic or manual setting of Stop Loss level (not by the opposite/reversal signal):

New variable in the configuration of indicator alerts.

The new setting is needed when working in the Delta Entry mode. When this setting is activated, we will first receive a signal when is arrow appears and a level from which we should open positions. And then the second signal - when the price reached the Open Level:

Push Notification Example:

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🍀 Good Luck & Big Profits

Hi. You can trade on the time frame that suits you best. There are more trades on a lower time frame and much less on a higher time frame. It depends on your trading style and your strategy. The indicator was created to work on different time frames without limits. As for me personally, I prefer М5 as a working time frame, analyzing higher time frames for important strong levels on the price way (support/resistance levels).

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🍀 Good Luck & Big Profits

Hi. Unfortunately, it's not that easy to do. Scalper Inside PRO is an indicator that gives signals. This is not an automatic EA. The indicator does not trade itself and cannot automatically open and close positions. To make it work automatically, we need to make an EA for it, which will be able to open positions by the indicator's signals. When you install the indicator on the price chart, in the About Tab of the indicator, you can see described all the buffers that you may need to connect the indicator to an automatic EA:

And I want to answer the question right away about whether I plan to make an EA for the indicator myself? My answer is the following. I already have many requests about creating the EA for the indicator, but so far, I do not have enough time to implement everything I have in mind. But such an idea is certainly in the plans. And it will be implemented in the future. I will not talk about timing yet, as there are so many plans. I write down all ideas, plans, and notes in a large notebook, and I want to assure you that it is quite big. 😏

Yes, I write my plans in a paper notebook the old-fashioned way! Sorry for the digression; I will say a few words about that. In this modern age of smartphones, when you can just dictate your plans and your smartphone will translate it into a finished electronic document, it is so nice to just take a pen, a thick notebook and make a table in it and fill it with plans and ideas, gradually crossing off the completed tasks. And it's so nice to see how many tasks you've already crossed off, because you've already accomplished them. What about the electronic version? You've done the task and deleted the line! The terrible thing is, you no longer see that you completed it - it's just gone! It's not interesting! 😏

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🍀 Good Luck & Big Profits

Hi. In most cases the default settings are enough for me:

I recommend reading the manual, which has many examples and screenshots: Scalper Inside PRO

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🍀 Good Luck & Big Profits