You do not have permission to delete messages in this group
Copy link
Report message
Show original message
Either email addresses are anonymous for this group or you need the view member email addresses permission to view the original message
to QuantumXcel_Experts
The basic strategy of the Shark 5.0 is similar to the FAP Turbo. It
primarily is designed to take scalping positions in a horizontal
market. It also however is equiped to take advantage of longer moves
if the scalping coding should trigger during a break out. To do this
it uses what I call "dynamic profit taking". Like the Turbo initial
orders are placed without a take profit or stop loss setting. The
price is then monitored for direction before these inputs are applied.
If there is a break out the t/p and s/l are then applied when there is
a reversal. There are only two settings for the t/p and s/l which are
8 and 16 on the t/p and 34 and 70 on the s/l.
The FAP on the other hand had two separate strategies that I am sure
they hoped would work in conjunction with each other. Since the long
term strategy was worthless this obviously didn't happen. The Sharks
remedy does actually work once in a while and the best thing is that
they had a pretty consistant performance of 85% win or better.