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Micro scalping toolchain

Execute fast moves with confidence.

ontheprofitside.com micro scalping toolchain

Bazoka 🚀

ontheprofitside.com micro scalping toolchain
Example showing an open position configured with the Bazoka 🚀.

It's an indicator strategy that helps you execute fast movements while you trade.

Use it to increase or reduce the open position.

Set Break Even, Take Profit and Stop Loss with one key based on your defined parameters or automatically based on the current volatility in the market.

Change the contracts volume for the next operation with one key, so you can easily open a position with many contracts, change it to a lower level and reduce your position as you will.

More actions are coming! 🥳

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How to use it?

ontheprofitside.com micro scalping toolchain indicator params
Chart strategy params.

Spread security margin: Number of ticks which will prevent you from setting a STOP or LIMIT order due to the spread existing between best ASK and best BID. Reduce it if you're trading in low volume scenarios.

Auto SL: When a new position is opened, it will set a STOP LOSS order automatically. Like pressing the D key.

Auto TP: When a new position is opened, it will set a TAKE PROFIT order automatically. Like pressing the E key.

Once you add the strategy to the chart you want to execute orders, you can now use your keyboard to trigger the actions. Here's the detailed list of actions:

KeyAction
QStart the strategy
AStop the strategy
WOpen a BUY MARKET order with the volume configured (can be changed with a key).
SOpen a SELL MARKET order with the volume configured (can be changed with a key).
BSet BREAK EVEN to the current open position. If you change the ongoing's position volume you can press again to set the new STOP order with the updated volume. NOTE: You can configure the number of ticks to set the STOP order.
DSet a STOP LOSS for the current open position. If you change the ongoing position volume, you can press again to set the new STOP order with the updated volume. [*]
ESet a TAKE PROFIT for the current open position. If you change the ongoing position volume, you can press again to set the new LIMIT order with the updated volume. [*]
ROpen a STOP order with the volume configured (can be changed with a key).
FOpen a LIMIT order with the volume configured (can be changed with a key).
1-9Set the number as the volume to open when you open a new order.
0Set the number as 10, the volume to open when you open a new order.

[*] NOTE: You can configure the number of ticks to set the STOP/LIMIT order. If you set it to 0 it will set at the current volatility ticks (based on ATR indicator). You can set these values in the Stop ticks and Profit ticks params.

Risks 🛟

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Live Trade Room: This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.