Main Settings + Algorithm Settings
Algorithm Module - Sensitivity (Vanquisher) - Algo Scalar (Vanquisher) - Algorithm Mode (Blackfire) - Sensitivity (Blackfire) - Agility (Blackfire) - Automatic Mode (Blackfire)
What Does The Main Settings and Algorithm Settings Impact?
These settings will be impacting the results displayed to you by the market scanner. The results are determined by the user's selected algorithm module and their corresponding algorithm settings. Using an optimal setting across the board may be helpful for getting better calls.
Recommended Vanquisher Settings
5 Minute - 30 Minutes: 1 sensitivity, 144 scalar
1 Hour - 4 Hours: 2/3 sensitivity, 144 - 200 scalar.
Recommend Blackfire Settings
Universal Timeframe Support: 30 Sensitivity and 10 scalar.
Algorithm Module
This is the first input field that heavily impacts the results provided by the market scanner. Users currently have the option to select between two algorithms that we have, which is the Vanquisher X and the Blackfire X. The Vanquisher is more of a long-term trend algorithm and the Blackfire X is a mid-term algorithm that can provide faster calls.
The Vanquisher X is our first algorithm that utilises the following settings "Sensitivity [1-10] and Algo Scalar [1-3000]".
The Blackfire X is our second algorithm that utilises the following settings "Sensitivity [10-35] and Agility [10-100]".
Vanquisher X Settings
The Vanquisher X has two main settings that impacts its results, which is the sensitivity and the algo scalar. The sensitivity impacts 70% of the algorithm's calculation module and data processing, whilst the scalar impacts 30% of the module affecting mostly the delay of receiving the signal.
Sensitivity
The default sensitivity is 1 as this is optimal for lower timeframes.
Increasing the sensitivity will mean there are less signals and the signals are more long-term.
Decreasing the sensitivity will mean there are more signals and the signals are more short-term.
Algo Scalar
The default scalar is 144 as this is optimal for many different sensitivities and timeframes.
Increasing the scalar can cause the algorithm to detect trends much later therefore signals will be printed later on in the trend and it can remove some signals.
Decreasing the scalar can cause the algorithm to detect trends much faster therefore signals will be printed earlier on in the trend and it will lead to more signals being identified.
Blackfire X Settings
The Blackfire X has four main settings that impacts its results, which is the algorithm calculation mode, the sensitivity, the agility and the automatic settings mode. There are three selectable modes in the scanner and these options will change massively how the signals are detected. The sensitivity will impact heavily the results of the signals provided and the agility will determine the early or late reactions of detecting a signal. Moreover, the automatic mode will apply the most optimal setting for the user from the internal datasheet.
Algorithm Mode
Normal mode will keep the algorithm's module the same and have no effects on any data multipliers and mathematic calculations.
Scalping mode will change the algorithm's module to a fast paced version that uses extremely low multipliers and conditions to allow for more signals.
Swing mode will change the algorithm's module to a slow paced version that uses extremely high multipliers and conditions to provide less signals that are more long-term.
Sensitivity
The default sensitivity of the Blackfire X algorithm is 30 as this is very optimal across all timeframes.
Increasing the sensitivity will lead to less signals being printed but each signal will be more longer-term.
Decreasing the sensitivity will lead to more signals being printed at the cost of each signal being more short-term.
Agility
The default agility of the Blackfire X algorithm is 10 as this is very optimal for less delays in signal identification and works across all timeframes very well.
Increasing the agility can lead to later identification of signals within a trend and it can remove some signals too.
Decreasing the agility can lead to earlier identification of signals within a trend and it can lead to more signals being printed.
Automatic Mode
This toggle box if enabled will apply the most optimal settings to the Blackfire X algorithm meaning that users are unable to use their manual settings. If disabled users can use their manual settings and the automatic mode will not impact the algorithm.
Last updated
Was this helpful?