NVME Hunter X

Showcase - Main Settings - Filter Settings - Adjusting Settings - Customising - Usability Tips

Features

NVME Hunter X [Reworked] is the first scalping indicator provided by NVME Trading, which provides users with short-term to mid-term signals that can be used for getting in then getting out of the markets as soon as possible. The Hunter X also comes with custom signal filtration modules that can really cut out the noise and provide clarity on the charts. Users may also set custom alerts if they wish to do so as that can help save the trader time by keeping them aware.

What's The Difference Between The Rework and The Original?

We decided to rework the Hunter X as we believed that it didn't provide clarity as we thought it would have done and most calls were later on in the trend leaving more room for error. With the reworked Hunter X, users can expect a much simpler to use indicator where there are less settings to mess around with and much more clarity within the charts as the signals are in better places and spread out. The old Hunter X has no match against the rework as it was 60% slower at loading, 40% more noisier with signals and it was complicated to tweak the settings for some users.

Main Settings

NVME Hunter X only has two main settings that can be tweaked by the user to make the scalper suit their trading style. These settings will be universal across the full indicator's code and they are easy to understand too.

Sensitivity [1-30] is the first setting that will impact 100% of the indicator's results by amplifying the strength of the calculations within the Hunter X.

Increasing this value leads to less scalping signals but these signals are in good places for reversals.

Decreasing this value leads to more scalping signals but generates more noise and inaccuracy.

Recommended Values: 13-20

Wait Till Bar Close is the second input within this group that will impact when the signal is printed onto the chart and this will be universal to the indicator alerts too.

Enabling this checkbox will result in signals being printed after the bar fully closes and confirms itself.

Disabling this checkbox will result in signals being printed when the condition meets please note if the condition meets then goes back to unsatisfied then the signal may disappear!

Hunter X Filters

NVME Hunter X has some signal filtration modules integrated into the scalping system designed to reduce the overall noise and inaccuracy of some results identified. These filters are individually unique and are different to one another thus providing different results that can be massively different to the no filter module.

Scalper Filters is the first input field in this group that currently houses 5 modules that will affect the scalper's signals by adding extra conditions that requires completion.

No Filters will mean that the indicator will print buy and sell signals with no extra conditions required.

One At A Time will mean that the indicator will print buy and sell signals in a ABAB pattern where buy signals are first then it goes to sell signals then a buy then a sell rather than random patterns of buy buy sell buy sell sell sell.

Noise Control [Editable] will apply a bar interval cooldown from each signal preventing many calls from being printed in proximity of the previous signal and the proximity value can be changed by the editable offset.

Out Of Bounds will mean that the indicator will print buy and sell signals only if they are beyond the trend-following channel and if the default conditions meet.

Aggressive Filtration will apply a hardcore condition module that removes up to 50% of the signals in the scalper and we recommend using a lower setting when using this module.

Editable Filter Offset [5-100] is the second input field in the group that determines the X value to be utilised in calculating a filter's condition.

Custom Alerts

NVME Hunter X comes with two internal alerts that can be utilised by the trader for keeping the trader aware of future signals printed by the indicator. Users can set up the alerts as a any alert() function or as a customisable alert that uses one condition. We recommend users use the any alert() function to get both signals whilst using only one alert space.

How Do I Setup The Alerts?

You can find out more about setting up alerts here.

How To Setup Alerts