LMAX and Dukascopy Trigger Automation
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For professional traders who have access to LMAX or to the SWFX ECN through Dukascopy or partners to these brokerages...
Trader-directed semi-automatic triggering is available, designed for Micro Scalping in the HyperScalper platform, part of the eXtreme Scalping training program.
No high stress "clicking the mouse to trade" because that is imprecise and much too slow for Micro Scalping. Sit back, set the parameters, and "leave the driving" to the platform. This is not an automated robot, but an interactive computer-assisted trigger-based trading platform on ECN exchanges for best pricing.
Instead, we use "set and forget" triggering where the Trader decides various factors, "arms" the trigger, and allows the platform to execute when trigger conditions are met. Criteria can be altered by the Trader interactively as well, by the Trader.
This results in maximum control, minimum stress, and makes active scalping possible through a comprehensive approach to precision trading.
These are multi-criteria triggers. Simultaneously, we check the following factors, among others, instantaneously in real time:
1) is price running against me? Wait until it stops, then strike, and...
2) is the Bid/Ask spread narrow enough, and...
3) is price at the right threshold level for triggering, and...
3) has the price "snapped" within my criteria settings, and...
4) is the price above or below a Fast or Slow MA level, and...
5) has virtual time and sales seen a large trade event, and...
6) is the price offset enough relative to the previous entry, and...
a few others.
The Strike price can be near the Retail (Market) strike point, or any offset relative to the current market. This permits fine grained control to take advantage of LMAX wholesale pricing, or to "get in now" using marketable price offsets. The Trader can perform "manual" operations, at the same time the triggering system is searching for "automatic" strike entries in a "symbiotic" free flowing style.
These criteria are evaluated by the platform, and Entries are made semi-automatically, all under the overall direction of the Trader but taking advantage of the platform's Speed and Precision. On LMAX we "attack" the market from both sides, and can easily execute Wholesale transactions both on Entry and on Exit from a position, as well as Continuous Long/Short/Flat intra instrument hedging operations, all with wholesale price improvement (subject to liquidity).
With such sophisticated triggering, we are able to execute complex multi-entry scalping "frames" from "flat to flat" with high win probabilities.
There is much much more to micro scalping than just pure Execution, of course, since Analytics are the most important for any trading. We do NOT just "guess" where the market is moving, and you cannot build your trading business on the "flip of a coin".
http://youtube.com/hyperscalper/videos
HyperScalper
