Boomerang Scalp Trader System and Indicator

Boomerang Scalp Trader System and Indicator

Posted on 01. Feb, 2010 by in FAQ

Welcome to BoomerangTrader.com!

Our flagship system and it’s accompanying indicator for NinjaTrader, the Boomerang Scalp Trader, is a complete scalping system for trading the ES Emini S&P500.

The Boomerang Scalp Trader Indicator:
* Provides alerts for crystal clear entries, exits and stops with a very high degree of accuracy
* Generates average of 3 to 4 points per move (Documented in the Boomerang Trade Recap newsletter).
* Includes instruction handbook with easy setup directions and complete trading methodology.
* Includes complete and very simple trading handbook to begin accurately scalping by the next trading day
* Includes pre-set audible alerts, visual arrow markers, and painted bars that clearly define trade entry points (colors and format can to changed, if so desired)
* Leading “Boomerang Bias” line tells you when to use caution on the trade or when the trade is near completion
* “Boomerang Force Index” line confirms trade with audible alerts line color confirmation (colors and format can to changed, if so desired)

Boomerang Scalp Trader

Chart Examples:
You can see extra Boomerang Scalp Trader chart examples in the Charts folder at

http://www.indicatorwarehouse.com/bst-chart-examples.htm

This indicator is available for purchase through IndicatorWarehouse.com

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Do you need an FREE copy of NinjaTrader and a FREE futures data feed, go here.

Ready to purchase the Boomerang Scalp Trader, go here.

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21 Responses to “Boomerang Scalp Trader System and Indicator”

  1. Bob

    09. Feb, 2010

    I am interested in this indicator….couple of questions…

    1 – do you have “stats” as to results…IF….entries taken as indicated…

    2 – do you offer a trial or 1 month rental

    Thanks

    Bob

  2. Boomerang Trader

    09. Feb, 2010

    You can see recent trades here – http://www.indicatorwarehouse.com/bst-chart-examples.htm

    Also, we post current trading activity on a semi-daily basis on this free blog.

    Regarding trials, instead of a trial we offer a risk free money back guarantee on all our indicators. During the guarantee period, you are free to fully test and evaluate your indicator. If after testing the new indicator you don’t feel it is the right tool for your trading tool box, just let us know within 30 days and we will refund your purchase (minus 5% transaction fee). This allows you to take the time necessary to learn how to get value out of your indicator(s). Short trial times create an artificial pressure to quickly succeed. Trading is hard enough without such an added anxiety.

  3. JimD

    09. Feb, 2010

    Your system looks interesting. Does it only work on S&P emini, or will it work on other emini’s as well? Also can it work as a scalping system for forex?

  4. Boomerang Trader

    09. Feb, 2010

    Currently the system is designed only for the ES. It may work in other markets, but the parameters we are promoting have only been tested in ES (4 Range Chart).

  5. JamesS

    24. Mar, 2010

    I have seen many indicators that are only useful on trending days – a simple trendline is good for that. Is the boomerang good for trading range and trending trading days? Those are the times when most indicators fall flat.

    Thanks

  6. Boomerang Trader

    15. Apr, 2010

    That’s why we have the Boomerang Force Index. It is very good at keeping you out of MOST bad trades.

  7. steve

    06. Jul, 2010

    I just started using Boomerang and i have tested it on many different markets, i have not changed any of the settings and leave it on 4 range. It works great on ES,6E, QM which is the mini for crude oil 6J, NQ,and YM, im not a salesman or anything like that and im not affiliated with boomerang im just an average guy day trading these markets and i gotta say this works great, not 100% nothing is, the first day i traded this on the ES, and scalped 8 pts. with one contract, great job guys Thanks

  8. Boomerang Trader

    06. Jul, 2010

    Thank you for the feedback.

  9. Martin Lazar

    24. Jul, 2010

    Hello,
    Does Boomerang indicator work with NT7 ?
    And if not then when is the compatible version coming out ?
    Thank you.

  10. Boomerang Trader

    24. Jul, 2010

    Officially, we only provide indicators for use with the current stable release of NinjaTrader -> v6.5. We will update code, as needed, when v7 is officially released and stable. We do not support Beta versions of NinjaTrader.

    Once NT7 is FINALLY released and stable, we will start the code migrations. There will be an unavoidable short period 1-2 weeks in which NinjaTrader version 7 will be out and Indicator Warehouse indicators will not work on it.

    Once the code is migrated, we will send you instructions for downloading the updated indicator.

    Note: Your updated indicators will be available to you FREE OF CHARGE.

    We do have a BETA version of the Boomerang Scalp Trader indicator designed for NT7. However, if you use it, our quality guarantee will be voided.

    You have two options:

    1. Use your current Boomerang with the stable version of NinjaTrader –> 6.5

    2. Use the NT7 beta version of the Boomerang Scalp Trader –> no refund policy

  11. Griffin

    05. Aug, 2010

    What is the significance of the green (-5) and red (+5) line on the BFI? I get a popup when it crosses above/below that line, but I don’t know what that signifies.

    Thanks,

    Griffin

  12. Boomerang Trader

    12. Aug, 2010

    From page 12 of the handbook:
    The Boomerang Force Index shows us the bias force the market is in and gives the trade a greater
    chance of success. In an extended trade or a strong move you will normally see the Boomerang Force
    Index move to a Boomerang Exhaustion Line (Green line at -50 or Red line at +50) levels. These lines
    designate when the market has become overextended. They are ideal levels to get out of the trade.

  13. Howard

    20. Aug, 2010

    The Frequent questions section states that BST can be used for other markets. I understand you only provide settings for the ES, but has any other user backtested settings for the NQ, TF or YM?

  14. Boomerang Trader

    23. Aug, 2010

    It is true we have customers that have successfully reported using Boomerang Scalp Trader in other markets. But, the parameters used for all the background research are based only for the Emini S&P 500 on a 4 Range Char).

  15. Ben

    04. Sep, 2010

    I am really interested in this system, but it seems pretty clear that it hasnt been tested on the forex market. Thats all I trade. Is there any kind of return policy if I try it on forex and it doesnt work?

  16. Boomerang Trader

    05. Sep, 2010

    Thanks for your comment. We have customers successfully using it in other markets, but the parameters we officially support are for the ES (4 Range Chart). Our refund policy is geared around software functionality. If you purchase the system and it does not “work” in Forex, a refund for other than mechanical software reasons would not be possible.

  17. cao

    23. Dec, 2010

    Does Boomerang Scalp Trader trade on TM4 ?

  18. Boomerang Trader

    24. Dec, 2010

    The Boomerang Scalp Trader is designed to only work on NinjaTrader. Regarding other trading platforms, the way non-NinjaTraders use our indicators is to still set up NinjaTrader for the custom indicator charting and signals, but place your trades with a their own execution platform.

  19. Boomerang Trader

    09. Jan, 2011

    I believe everything you are looking for is addressed here – http://www.boomerangtrader.com/topics/faq/

  20. Tim

    04. Jul, 2011

    I saw your FAQ. ES stop loss is 9 tick and profit is 12 tick. is 1R only. What is the % winning rate?

  21. Boomerang Trader

    07. Jul, 2011

    This all depends on how you trade the system. The developer of the system gets an average of 80% accuracy.

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