Scalper Indicator and other indicators documentation
Pinned FeaturedOriginally from ticket #1222.
I purchased the scalper indicator and would like to know how to adjust settings is there a pdf for your indicators if so where can I access them...thanks
Hi
Thank you for your custom, The project to complete all of the indicators and strategies is nearing completion which will see a rewrite of the strategy engine to unmanaged mode - it cannot handle overfills- then later on order flow analytics and market profile - and some more proprietary, settings sharing and a mutliple chart trading suite.
So currently the priority is writnig this and debuggign any error reports that come if any from other areas.
Then to focus on documentation:
This will be You tube video guides - there are some already at:
http://www.youtube.com/user/MicroTrendsLtd
Here is also one i recorded on request for a trader the other day - regarding the MT 3 HiLwo trader and how to close trades on a friday.
http://screencast.com/t/wBlwhTvW
And then written guides at:
http://help.microtrends.co/
Section
Instllation
Tips:
and
Common properties:
For both indicators and strategies you will see the seciotn you need to look at.
As detailed the Trade setup and Entry is configurable and has a common set of parameters in all Signals Indicators.
All signals indicators and strategies using the signals indicators have a common set of features as outlined in the guide at http://help.microtrends.co
and here:
http://forum.micro-trends.co.uk/topic886-bitwise-trade-setup-and-entry-parameters.aspx
Trade Setup Mode
A trade setup may have 1 or many modes and candle filters,
Green dot = Setup long
Red dot = Setup short
Trade Entry Mode
a trade entry can be with setup or many other price action combinations and candle patterns
Green triangle = Trade entry long
Red triangle = Trade entry Short
Rationale
For the Trader:
The rationale is generic, extensibility and ease of use.
Once the user understands what a "generic" interface/parameterset is they will be able to program many different approaches and studies.
Also a lower cost of ownership and speed to market.
Suggested Dataseries
Futures
Range 10
Renko 10
Tick fib nos... eg 21,34,55,89,144.....987 etc
Scalper Specific Parameters
Comparison mode: 0 should be a good setting to begin with,
Signal bars try 2,3,4
Price Action
Try changing the
Trade Setup Mode
Trade Entry mode
Trades Per Direction 0 unlimited to 1
To see the affect
Next Filters
Use the BiasFilter parameters
BiasMode, 0,1...7 etc
Session time filters
Session mode 0,1.
Other places to look
Also in the forums at Support HelpDesk + Forum
http://microtrends.zendesk.com/forums
Settings and Examples
There are chart templates, indicator templates and workspaces that are installed as part of the framework, also some preset settings for demonstration within the settings database -
http://forum.micro-trends.co.uk/topic943-multiple-settings-saving-and-loading.aspx
Help Desk
Please feel free to ask questons for any particular indicator so we can provide assistance fromthe help desk on a need to basis.
we can even remote in and assist you if we cant resovle via the HelpDesk.
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
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