BlueScalper

bluescalper

Active Trader
Aug 1, 2010
2
0
37
hi folks:

Hope everyone is fine . Many things have been changed / upgraded in BlueScalper ( since sometime) to take the product to next professional level and i find this a good opportunity to update the thread.

Major Upgrades --



Neural Networks
--

BlueScalper ( 1.4 - internal version/ NN v 1.0) now uses neural networks forecasting this gives an added advantage first of all the scalper part is still there but due to the nature of algorithms added we can look for extended targets up to 150/300 pips with same risk profile .

partial take profits

BlueScalper uses partial take profits mechanism that satisfies the scalper inside us and then it looks for trailing for maximum profit by using trailing on the rest.

Lots type Calculation

Lots can be calculated with a new percentage basis for e.g

three options available

1)conservative
2)standard
3)aggressive.

lets just see the first option -- conservative ( 60%,30%,10% )

note : lots are still calculated the same way however with the new style we are asking the BlueScalper to divide the lots into three percentages . Benefit is that BlueScalper will close first upper half from the scalp point of view (60%).. rest (30%) when the market moves in it's direction and 10% totally on trailing for up to 150-300 Pips ...


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Attached a trade from last Friday ( Oct 1 ). We first took partial profits on EUR and then let the half stay which is still in the market with +125 pips and trailing all on auto pilot.

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