REVERSAL SCALPER FOR NT8
Reversals allow you to take advantage of shifts in market sentiment.
Every trading book says "the trend is your friend" or "trade in the direction of the trend" but have you ever wondered where trends starts??? After a reversal takes place. So why not identify those potential trend beginnings and get on the trend as early as possible? That is exactly what the Reversal Scalper will help you do.
As every trader knows, being able to identify a reversal in the market is key for getting into a trend early. When a reversal happens, it means that momentum from one direction stops and reverses to the other.
Being able to recognize when momentum changes gives traders an edge in trading and allows entry points into the new trend before everyone else begins to realize it. Traders who can spot reversals can get into trends much earlier than most people and sometimes avoid major losses that come because of not understanding this one concept.
Knowing when and where reversals are happening give knowledgeable traders an edge when other traders are still wondering what is going on in the market. Do you have an edge? More importantly...do you want one?
Being able to recognize when momentum changes gives traders an edge in trading and allows entry points into the new trend before everyone else begins to realize it. Traders who can spot reversals can get into trends much earlier than most people and sometimes avoid major losses that come because of not understanding this one concept.
Knowing when and where reversals are happening give knowledgeable traders an edge when other traders are still wondering what is going on in the market. Do you have an edge? More importantly...do you want one?
Order flow analysis is one of the most powerful technical trading skills as it helps traders spot reversals in momentum. For experienced traders, being able to accurately assess when a trend has shifted can be instrumental to successful trading.
Analyzing order flow is just part of the trading equation. Traders need to develop an understanding of price movements and market context. Knowing how order flow impacts the markets is what gives successful traders an edge that places them ahead of the average trader.
However, not everyone is skilled in the craft of order flow analysis and that is why I create tools such as the Reversal Scalper to help point out reversals taking place in the flow.
Analyzing order flow is just part of the trading equation. Traders need to develop an understanding of price movements and market context. Knowing how order flow impacts the markets is what gives successful traders an edge that places them ahead of the average trader.
However, not everyone is skilled in the craft of order flow analysis and that is why I create tools such as the Reversal Scalper to help point out reversals taking place in the flow.
Learning to trade reversals requires patience, practice and understanding of how financial markets move. It's important to maintain a steady level of discipline in trading reversals. You must identify where the market has reached its peak by looking for indications of an uptrend reversing into a downtrend or a downtrend reversing into an uptrend.
The Reversal Scalper does all the heavy lifting for you. What we have done is code into the Reversal Scalper exactly what we look for in the order flow to pinpoint reversals taking place.
The Reversal Scalper does all the heavy lifting for you. What we have done is code into the Reversal Scalper exactly what we look for in the order flow to pinpoint reversals taking place.
Let's Take A Look At Some Charts
While the Reversal Scalper was coded to run in conjunction with an order flow footprint chart, you will be happy to learn that Reversal Scalper will run on a normal candlestick chart so that you can keep your existing candlestick chart that you have grown accustomed to.
When analyzing order flow, a trader knows that each market has its own volatility. Some markets move slowly and trend nicely, while others are highly volatile and trade more wildly. One thing is certain, when there is a change in market sentiment, established trends end and new trends begin.
What the Reversal Scalper does is it looks for when the responsive traders come in but more importantly, when they come in with force and aggressively force price back into value and out the other end where initiative traders come in to start the trend.
What is taking place is a combination of one or two things: 1) Responsive traders coming in because they think the market is overvalued or undervalued and/or 2) Initiative traders in coming in because they think the market is moving away from value.
Think of it this way, in a down trend that reverses. The market gets overextended, or oversold as some traders will say. Responsive buyers come in an move the market back to a balance or value area with enough force to get initiative traders to come in and also start buying because they realize that the market came back to value because it was undervalued and is now starting to move above value. The initiative buyers help to kick start the trend.
Order flow analysis allows a trader to see that taking place, but it is particularly nuanced and takes a skilled order flow trader to be able to recognize when these situations are taking place. This is why we created the Reversal Scalper indicator.
When analyzing order flow, a trader knows that each market has its own volatility. Some markets move slowly and trend nicely, while others are highly volatile and trade more wildly. One thing is certain, when there is a change in market sentiment, established trends end and new trends begin.
What the Reversal Scalper does is it looks for when the responsive traders come in but more importantly, when they come in with force and aggressively force price back into value and out the other end where initiative traders come in to start the trend.
What is taking place is a combination of one or two things: 1) Responsive traders coming in because they think the market is overvalued or undervalued and/or 2) Initiative traders in coming in because they think the market is moving away from value.
Think of it this way, in a down trend that reverses. The market gets overextended, or oversold as some traders will say. Responsive buyers come in an move the market back to a balance or value area with enough force to get initiative traders to come in and also start buying because they realize that the market came back to value because it was undervalued and is now starting to move above value. The initiative buyers help to kick start the trend.
Order flow analysis allows a trader to see that taking place, but it is particularly nuanced and takes a skilled order flow trader to be able to recognize when these situations are taking place. This is why we created the Reversal Scalper indicator.
Reversal Scalper Works On Your Normal Candlestick Charts As Well
All these charts have the exact same settings. Of course, you can adjust them depending on the market and chart you are trading.
The Reversal Scalper works on time-based charts, tick charts, range charts, volume charts, and even Heiken-Ashi charts!
The Reversal Scalper is one of the tools I use on longer time frames, such as 15-minute charts.
The Reversal Scalper can be applied to individual stocks.
The Reversal Scalper gives traders a visual location on where to place their stop by highlighting the bar where the reversal starts. That is the line in the sand, the place where you put your stop.
The Trade Entry Signal
The Trade Entry Signal is something I use in my trading and we put it in the Reversal Scalper. I use it to help me determine whether to take a trade or pass on the trade. It keeps me out of bad trades, the trades where there is no follow-through order flow in the direction of the trade. If there is no follow-through order flow, the probability the trade will work out is decreased and has a higher chance of failing. This feature will keep you out of bad trades.
Order flow analysis is one of the most powerful technical trading skills for experienced traders to use in determining when a trend has shifted. Being able to assess order flow and how it impacts price movements is what makes successful traders stand out from the rest.
Understanding order flow and its nuances require an understanding of market context, something that not all traders possess.
Fortunately, Reversal Scalper can give you insight into the intricacies of order flow analysis and help you spot important reversals taking place in the markets, allowing you to stay ahead of other traders in the market, giving you an edge.
Understanding order flow and its nuances require an understanding of market context, something that not all traders possess.
Fortunately, Reversal Scalper can give you insight into the intricacies of order flow analysis and help you spot important reversals taking place in the markets, allowing you to stay ahead of other traders in the market, giving you an edge.
Get The Reversals Scalper For NT8 Now
For Just A One-Time Payment Of $199
For Just A One-Time Payment Of $199
We now offer a 2nd payment option...Stripe
FAQs
Q. I have 2 PC's, do I need additional licenses?
A. No, your license is good for up to 5 PCs.
Q. Do I need to use tick replay?
A. No, tick replay is not required.
Q. Is the Reversal Scalper a footprint chart?
A. No. The Reversal Scalper is an order flow tool that analyzes all the data
you would normally see on a footprint chart - the volume traded on the bid and the volume traded on the offer relative to surrounding bars.
Q. Do I need a footprint chart to use the Reversal Scalper?
A. No, the Reversal Scalper will run on normal bar or candlestick chart as well as a footprint chart.
Q. What trading platform does the Reversal Scalper work on?
A. The Price Scalper is programmed for NinjaTrader 8.
Q. Do I need the PAID version of NinjaTrader 8 or can I use the FREE version?
A. The Reversal Scalper will run on the PAID version as well as the FREE version of NT8. We have users who use NinjaTrader just as a charting platform and execute their trades on a different platform supplied by their broker.
Q. I use Sierra Chart, is the Reversal Scalper available for Sierra Chart?
A. No. At the moment the Reversal Scalper is only available for NT8.
Q. I see you have different markets and different time frames, do I need to follow so many different markets?
A. No, I show you different markets and different chart types so you can see for yourself how the Reversal Scalper works under different conditions.
Q. I trade Forex, can I use the Reversal Scalper to analyze FX markets?
A. Yes, you can.
Q. What markets work best with Reversal Scalper?
A. Futures, Forex and stocks work best with the Reversal Scalper.
Q. What time frame is best for Reversal Scalper?
A. Order flow in generally is best for shorter time frames. If you trade anything from 30 second charts to 15 minutes, the Reversal Scalper performs well. When you start analyzing order flow over 15 minutes, the order flow that happened earlier is not as relevant.
Q. Is there a sound alert?
A. Yes, there is a default sound alert that you can change to your own custom .wav file.
A. No, your license is good for up to 5 PCs.
Q. Do I need to use tick replay?
A. No, tick replay is not required.
Q. Is the Reversal Scalper a footprint chart?
A. No. The Reversal Scalper is an order flow tool that analyzes all the data
you would normally see on a footprint chart - the volume traded on the bid and the volume traded on the offer relative to surrounding bars.
Q. Do I need a footprint chart to use the Reversal Scalper?
A. No, the Reversal Scalper will run on normal bar or candlestick chart as well as a footprint chart.
Q. What trading platform does the Reversal Scalper work on?
A. The Price Scalper is programmed for NinjaTrader 8.
Q. Do I need the PAID version of NinjaTrader 8 or can I use the FREE version?
A. The Reversal Scalper will run on the PAID version as well as the FREE version of NT8. We have users who use NinjaTrader just as a charting platform and execute their trades on a different platform supplied by their broker.
Q. I use Sierra Chart, is the Reversal Scalper available for Sierra Chart?
A. No. At the moment the Reversal Scalper is only available for NT8.
Q. I see you have different markets and different time frames, do I need to follow so many different markets?
A. No, I show you different markets and different chart types so you can see for yourself how the Reversal Scalper works under different conditions.
Q. I trade Forex, can I use the Reversal Scalper to analyze FX markets?
A. Yes, you can.
Q. What markets work best with Reversal Scalper?
A. Futures, Forex and stocks work best with the Reversal Scalper.
Q. What time frame is best for Reversal Scalper?
A. Order flow in generally is best for shorter time frames. If you trade anything from 30 second charts to 15 minutes, the Reversal Scalper performs well. When you start analyzing order flow over 15 minutes, the order flow that happened earlier is not as relevant.
Q. Is there a sound alert?
A. Yes, there is a default sound alert that you can change to your own custom .wav file.
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CFTC Rules 4.41:
Hypothetical Or Simulated Performance Results Have Certain Limitations, Unlike An Actual Performance Record, Simulated Results Do Not Represent Actual Trading. Also, Since The Trades Have Not Been Executed, The Results May Have Under-Or-Over Compensated For The Impact, If Any, Of Certain Market Factors, Such As Lack Of Liquidity. Simulated Trading Programs In General Are Also Subject To The Fact That They Are Designed With The Benefit Of Hindsight. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profit Or Losses Similar To Those Shown.
Disclaimer:
This Presentation Is For Educational And Informational Purposes Only And Should Not Be Considered A Solicitation To Buy Or Sell A Futures Contract Or Make Any Other Type Of Investment Decision. Futures 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.
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.
CFTC Rules 4.41:
Hypothetical Or Simulated Performance Results Have Certain Limitations, Unlike An Actual Performance Record, Simulated Results Do Not Represent Actual Trading. Also, Since The Trades Have Not Been Executed, The Results May Have Under-Or-Over Compensated For The Impact, If Any, Of Certain Market Factors, Such As Lack Of Liquidity. Simulated Trading Programs In General Are Also Subject To The Fact That They Are Designed With The Benefit Of Hindsight. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profit Or Losses Similar To Those Shown.
Disclaimer:
This Presentation Is For Educational And Informational Purposes Only And Should Not Be Considered A Solicitation To Buy Or Sell A Futures Contract Or Make Any Other Type Of Investment Decision. Futures 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.
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.
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