This software is an automated tool based on scalp trading strategy. Doing scalp trading manually takes a lot of attention by the trader, this tool helps minimize that.
AutoScalper is a tool for automated futures, stocks and Forex scalp trading. Scalp Trading tries to take advantage of very short term trading opportunities. By entering and exiting a trade within a minute or two the trader can take advantage of a small profit at minimum risks. Scalpers tend to make several trades a day, accruing a number of small profits into a respectable daily total. Losses per trade tend to be minimal. AutoScalper 10 is a program which trades almost any future, stock, or Forex product available on the InteractiveBrokers trading platform automatically. It is a good tool for the aggressive-styled trader who needs to be able to anticipate the market movements immediately. It lets auto trades to happen at very high speed execution. Settings are flexible.
The classic type of scalping involves of placing a buy order on the bid price, and placing a sell order on the ask price. When both orders are executed the trader gains the difference between the bid price and the ask price, minus the trading costs. With AutoScalper this process can be automated and executed hundreds of times a day. Order prices, the stop loss, measured in the product`s minimum-price-increment, and when to trade are the settings to be done and the program will do the rest. Back testing features provided lets you do an automatic 100,000 trading combinations test. It is possible to export the data into Excel for further analysis too. The interface makes is easy to set it all up.
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