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Any info on Ultimate Scapler by Reece Cadaval?


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    1. looks_one wolfpack with 6 posts (0 thanks)
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    3. looks_3 Big Mike with 1 posts (2 thanks)
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  #11 (permalink)
 
faithdefender's Avatar
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
Broker: Oanda, TorS
Trading: Stocks, Currency Futures
Posts: 189 since Jan 2019
Thanks Given: 142
Thanks Received: 137


wolfpack View Post
I have been using these indicators for over 6 months with great results Three of my trades from today. I would encourage all you scalpers to acquire the trial and test drive this indicator.
He has a great chat group using SLACK that really supports new traders.


Screenshot 2025-01-22 090110


Screenshot 2025-01-22 090110

I dont mean to criticize, but I dont see just the indicator in question on your chart. I see several other indicators as well as a time frame chart that is not common. If you are making money and not just on Sim, then I dont see how encouraging others to take the trial is going to work out without all of the other confluences you are using.

In other words, you are saying the "package" is working? Not the indicator alone? (I hope that makes sense.) In other, other words, you are offering a recipe that tastes good, but telling others they too can have the same outcome with the indicator alone. w/o all the other ingredients you are using?

I personally use the indicator by itself and have never had great results. Maybe you can share all of the bells and whistles you are using? After all, if you are successful than I should also be successful. or get a few good trades using the identical set up?

I must be doing something wrong in the light of one of his reviews? One of the reviews on his website says "Well after 26 eval's seven blown PAs I can say that I'm in love with this indicator first day 150 K PA and Im green on a Friday and I'm super excited." Wow! I must be doing something wrong.

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  #12 (permalink)
 wolfpack 
Willis TX
 
Experience: Advanced
Platform: NinjaTrader, Nirvana
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 10 since May 2015
Thanks Given: 0
Thanks Received: 5

For those adverse to the renko bars, the indicator works just as well in 5 min bars
Screenshot 2025-01-22 103125

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  #13 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,687 since Jun 2009
Thanks Given: 33,412
Thanks Received: 102,287

@wolfpack please confirm the following:

- Do you have any product, service, or affiliate based items for sale?
- Do you earn any income whatsoever from this vendor?
- Explain your relationship to the vendor

Thank you,
Mike



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  #14 (permalink)
 wolfpack 
Willis TX
 
Experience: Advanced
Platform: NinjaTrader, Nirvana
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 10 since May 2015
Thanks Given: 0
Thanks Received: 5

So, I use the backdoor indicator mostly. I also have an ATR Trend indicator "The Indicator Store ATR Trend" that I use to confirm the trend direction, regardless of UAI or the backdoor. The ema's noted on the chart are the 20 ema and 100ema, which I use to help confirmation direction. The background screen that I use, I developed, and is based on the change of the slope of the 10 ema and price above/below the 20 ema. The two ribbon bars are also based on slope change of the 10ema and price above/below the 20 ema.

As shown on the screens attached I enter when price goes above or below the backdoor indicator which is the small line on the price bars. I will exit if price of the future bars either go higher or lower depending on the direction of the trend of the high/low of the previous bar. That is what is displayed in these two set of charts. I am showing the charts where I made my trades and also without them so you can better see the backdoor indicator. I have published these rules and given out the indicators to other traders within the SLACK chat group without cost.

I trade using APEX accounts of either 50k, 250k and 300k size. I have over a dozen APEX PA accounts that I trade

All I am suggesting is give it a try using the trial, get access to the SLACK chat group and learn from others. Each of us has to take our own course of action. This post started with someone asking if they use this product. I do, and I have trained all of my grown daughters and grandchildren to also use it. There are over 600 members within his SLACK user group.

Again, this can be used on any chart type, I just prefer the unirenko, alone with my supporting indicators I have developed.


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Screenshot 2025-01-22 103125

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  #15 (permalink)
 wolfpack 
Willis TX
 
Experience: Advanced
Platform: NinjaTrader, Nirvana
Trading: Futures
Frequency: Many times daily
Duration: Minutes
Posts: 10 since May 2015
Thanks Given: 0
Thanks Received: 5


Big Mike View Post
@wolfpack please confirm the following:

- Do you have any product, service, or affiliate based items for sale?
- Do you earn any income whatsoever from this vendor?
- Explain your relationship to the vendor

Thank you,
Mike

I do not. I am a user only to the vendor. I created some indicators to use with this vendor indicators and I have provided them for free on their SLACK chat site.

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  #16 (permalink)
 
faithdefender's Avatar
 faithdefender 
Salem VA USA
 
Experience: Intermediate
Platform: Oanda, NT8, TradingView
Broker: Oanda, TorS
Trading: Stocks, Currency Futures
Posts: 189 since Jan 2019
Thanks Given: 142
Thanks Received: 137


wolfpack View Post
So, I use the backdoor indicator mostly. I also have an ATR Trend indicator "The Indicator Store ATR Trend" that I use to confirm the trend direction, regardless of UAI or the backdoor. The ema's noted on the chart are the 20 ema and 100ema, which I use to help confirmation direction. The background screen that I use, I developed, and is based on the change of the slope of the 10 ema and price above/below the 20 ema. The two ribbon bars are also based on slope change of the 10ema and price above/below the 20 ema.

As shown on the screens attached I enter when price goes above or below the backdoor indicator which is the small line on the price bars. I will exit if price of the future bars either go higher or lower depending on the direction of the trend of the high/low of the previous bar. That is what is displayed in these two set of charts. I am showing the charts where I made my trades and also without them so you can better see the backdoor indicator. I have published these rules and given out the indicators to other traders within the SLACK chat group without cost.

I trade using APEX accounts of either 50k, 250k and 300k size. I have over a dozen APEX PA accounts that I trade

All I am suggesting is give it a try using the trial, get access to the SLACK chat group and learn from others. Each of us has to take our own course of action. This post started with someone asking if they use this product. I do, and I have trained all of my grown daughters and grandchildren to also use it. There are over 600 members within his SLACK user group.

Again, this can be used on any chart type, I just prefer the unirenko, alone with my supporting indicators I have developed.


Screenshot 2025-01-22 092121


Screenshot 2025-01-22 092357


Screenshot 2025-01-22 092121


Screenshot 2025-01-22 103125

I will add the indicators you mention. (the ones available) I have nothing to lose if I trade Sim.

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Last Updated on January 22, 2025


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