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How To Use Scalper?

The scalper mode will perform best during sideways price action within an established range.
It features 3 new different types of signals, keeping the essence and accuracy of Valhalla by showing you in real time the levels where they will trigger as soon as price reaches it (without needing to wait for candle close) so that you can continue preparing your trades ahead of time as you are used to with Valhalla.
Buy/Sell 1 | Circle Signals. This signals are triggered with the most frequency. They are intended for more experienced traders that prefer scalping with a bigger volume of signals trading almost every local top/bottom.
Buy/Sell 2 | Triangle Signals. Medium zone, this signals will fit most traders. They will trigger when the price reaches the zone but the momentum and volume isn't enough to reach the higher zone.
Buy/Sell 3 | Diamond Signals. In a range market, when price reaches the Diamond zone it means that a strong deviation from the average has occurred and there is a high probability that it will return to the average zone, or at least the underlying zone. This signals could also indicate a change in trend if broken.
At first glance it could look a bit intimidating, but as you get to experiment with it, you will be able to turn on/off the signals that you don't want to see and adjust the scalping algorithm with a variety of templates and sensitivity.
It is advised that you check higher timeframes and look for Diamond signals, as a breakout from them could result in the need to reset the calculation once price volatility calms down after a major move.
The adjustment to the new range will be performed automatically by Valhalla's algorithm.
Scalper mode is not intended for use with unusual price action/extreme volatile periods, it's intended for range trading.
For volatile/breakout periods, use the usual Valhalla Long/Short signals.

How To Trade Scalper Signals?

To get the most out of the scalper mode, it is recommended that you only take signals following the trend from the current main Valhalla trade according to each strategy.
Preferably, you will want to trade the BUY/SELL 2 Triangle signals
And use the BUY/SELL 3 Diamond Signals
as indicator of potential reversals or change in trend.
For example, if a strategy is currently in a LONG trade, it's advised to only take "Buy" signals from the scalper mode and viceversa during a SHORT trade.
Also, skip signals/exit if they are close to reaching out the entry price of the next Valhalla LONG/SHORT main breakout trades.

Entry and Take Profit:

Let's take a look at one way of using the Scalper Mode in combination of the Main Valhalla Strategies:
Here we have BTC 15min
LONG Valhalla Main Trade
During a LONG main Valhalla trade, we would preferably take entries only on the Buy Scalper Signals, Green Triangles on this example, and exit on the opposite Red Triangle.
SHORT Valhalla Main Trade
The same would apply viceversa during a SHORT trade, we take only entries from the Red Triangles and exit on the Green ones. As you can see, following this, would result in pretty much exiting all of this signals in profit.

Stop Loss and when to Re enter:

Let's say that the asset that we are looking at, has been ranging in the past on an average of 2%, like the following example for BUY/SELL 2 (Triangle Signals):
We can consider this same amount to use as Stop-Loss range, so we have a 1:1 Risk Reward ratio.
And let's say that our Stop-Loss was hit, as on the following example:
You would preferably resume your trades until AFTER an opposite signal of the same level has appeared (Red Triangle inside Yellow Circle in this example), meaning that a range could soon start being established.
So you would wait and enter until the next Buy Signal has appeared (Green Triangle inside Green Circle) and Take Profit normally on the next Red Triangle.
Here we have another example, where an opposite signal didn't appear after hitting our Stop-Loss or after a Diamond Signal appeared:
This means that after our failed trade, we wouldn't have entered on all of those other Green Triangle Signals, since an opposite Red Triangle is still yet to come.
This will help you avoid this kind of scenarios when price changes the trend and re assure that you resume your trading until the next possible range has started to form.

Scalper Settings

Turn on/off the Scalper Signals that you wish.
Formula: Changes the formula behind the scalper algorithm, resulting in different signals being triggered.
Sensitivity: Changes the frequency that signals are triggered in. Lower sensitivity equals more frequent signals.
You will need to experiment and backtest with both of this settings on each different asset and timeframe, as optimization will always be possible.

Scalper Alerts

If enabled, will be triggered using the "Any Alert Function Call" Condition.