Scalpel
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1.Getting started
  • Install Scalpel on Windows
  • Install Scalpel on a Mac
  • Activate your Scalpel licence
  • Connect Scalpel to Interactive Brokers
  • Enable the API in TWS and IB Gateway
  • The IBKR market data you need for Level 2
  • Your first 15 minutes in SIM
  • A tour of the Scalpel cockpit
  • What Scalpel is for, and what it is not
2.Desks and layout
  • Load symbols onto desks
  • Add, remove and resize desks
  • Panel settings: Level 2, tape and chart
  • Set up Scalpel for one, two or three screens
  • Desk badges: DELAYED, NO DATA, STALE and HALTED
3.Reading the market
  • How to read Level 2 in Scalpel
  • Spot iceberg orders on Level 2
  • Read the time and sales tape
  • Hear the tape: tape sound
  • The chart: timeframes, VWAP, EMAs, MACD and delta
  • The read line and the chart read bar
  • Read the players on Level 2: venues, refills and size
4.Placing trades
  • Sizing presets: shares, dollars or risk
  • Trade a fixed dollar risk with Risk (Cents)
  • Hotkeys: the defaults and how to change them
  • Entries: marketable limits, offsets and partial fills
  • Scale out and flatten
  • The order bar and orders panel
5.Stops and targets
  • How Scalpel's stops work
  • Move your stop and target on the chart
  • Breakeven and trailing stops
  • R multiples: how Scalpel measures a trade
  • Stops in the pre-market: why they cannot sit on the book
6.SIM and LIVE
  • Paper trading with SIM
  • Switch to LIVE safely
  • Commissions: pick your IBKR plan
  • Analytics: review your trading
7.Risk controls
  • Set a daily loss limit (the kill-switch)
  • Fat-finger and max-position caps
  • Why Scalpel is long-only
8.Scanner
  • Set up the IBKR scanner
  • Scan types: momentum, running up and setups
  • Scan the pre-market
  • Shares out, short interest and the squeeze score
  • Arrange scan panels
9.Intel: borrow, dilution and catalysts
  • Turn on intel
  • Check a stock for dilution before you buy
  • Borrow, short fees and squeeze setups
  • Why is it moving? Catalyst grading
  • Every intel chip, explained
  • Warrant and offering lines on the chart
  • The dilution entry guard
10.Audio and alerts
  • Voice callouts and sounds
  • Alerts and toasts
11.Settings reference
  • Settings: Connection
  • Settings: Trading
  • Settings: Stops
  • Settings: Risk
  • Settings: Sizing
  • Settings: Appearance
  • Settings: Audio
  • Settings: Hotkeys
  • Settings: Intel
  • Settings: About
12.Licence, updates and account
  • Move your licence to a new computer
  • Updates: how Scalpel updates itself
  • Try new features early: the beta channel
  • Refunds, invoices and billing
  • Earn with the referral program
  • Get help on Discord
13.Troubleshooting
  • Scalpel says Disconnected: fix the IBKR connection
  • TWS is running but not accepting the connection
  • TWS signs out when IB Gateway starts
  • Delayed data, NO DATA or STALE, or Depth unavailable
  • A LIVE order was rejected
  • An order did not fill, or only part filled
  • Scan panels say the IBKR scanner is off or waiting
  • Licence: machine limit reached
  • Licence: Scalpel cannot reach scalpeltrade.com
  • Windows protected your PC: installing Scalpel
  • An update did not install, or Scalpel went back a version
  • The chart or app window is blank
  • The order bar is greyed out
  • No callouts or tape sound
  • Intel shows nothing or SEC filings are off
14.Tips and tricks
  • 40 Scalpel tips for faster, safer scalping
  • A pre-market routine with Scalpel
  • Trade without touching the mouse
  • Settings for a small account
  • Your first week: a SIM practice plan
  • The momentum method Scalpel is built around
15.Glossary
  • Day trading glossary
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Trading involves substantial risk of loss. Scalpel is software, not investment advice. LIVE mode places real orders in your Interactive Brokers account. No warranty. Simulated or replayed results do not guarantee future results. Scalpel is independent software and is not affiliated with, endorsed by or sponsored by Interactive Brokers LLC. IBKR and TWS are trademarks of their respective owners. Figures shown on this site are demo data, not live quotes. Scalpel is sold by QUITE RIGHT LIMITED, registered in England and Wales, company number 17053815. Copyright 2026.

    All guides
    1.Getting started
    • Install Scalpel on Windows
    • Install Scalpel on a Mac
    • Activate your Scalpel licence
    • Connect Scalpel to Interactive Brokers
    • Enable the API in TWS and IB Gateway
    • The IBKR market data you need for Level 2
    • Your first 15 minutes in SIM
    • A tour of the Scalpel cockpit
    • What Scalpel is for, and what it is not
    2.Desks and layout
    • Load symbols onto desks
    • Add, remove and resize desks
    • Panel settings: Level 2, tape and chart
    • Set up Scalpel for one, two or three screens
    • Desk badges: DELAYED, NO DATA, STALE and HALTED
    3.Reading the market
    • How to read Level 2 in Scalpel
    • Spot iceberg orders on Level 2
    • Read the time and sales tape
    • Hear the tape: tape sound
    • The chart: timeframes, VWAP, EMAs, MACD and delta
    • The read line and the chart read bar
    • Read the players on Level 2: venues, refills and size
    4.Placing trades
    • Sizing presets: shares, dollars or risk
    • Trade a fixed dollar risk with Risk (Cents)
    • Hotkeys: the defaults and how to change them
    • Entries: marketable limits, offsets and partial fills
    • Scale out and flatten
    • The order bar and orders panel
    5.Stops and targets
    • How Scalpel's stops work
    • Move your stop and target on the chart
    • Breakeven and trailing stops
    • R multiples: how Scalpel measures a trade
    • Stops in the pre-market: why they cannot sit on the book
    6.SIM and LIVE
    • Paper trading with SIM
    • Switch to LIVE safely
    • Commissions: pick your IBKR plan
    • Analytics: review your trading
    7.Risk controls
    • Set a daily loss limit (the kill-switch)
    • Fat-finger and max-position caps
    • Why Scalpel is long-only
    8.Scanner
    • Set up the IBKR scanner
    • Scan types: momentum, running up and setups
    • Scan the pre-market
    • Shares out, short interest and the squeeze score
    • Arrange scan panels
    9.Intel: borrow, dilution and catalysts
    • Turn on intel
    • Check a stock for dilution before you buy
    • Borrow, short fees and squeeze setups
    • Why is it moving? Catalyst grading
    • Every intel chip, explained
    • Warrant and offering lines on the chart
    • The dilution entry guard
    10.Audio and alerts
    • Voice callouts and sounds
    • Alerts and toasts
    11.Settings reference
    • Settings: Connection
    • Settings: Trading
    • Settings: Stops
    • Settings: Risk
    • Settings: Sizing
    • Settings: Appearance
    • Settings: Audio
    • Settings: Hotkeys
    • Settings: Intel
    • Settings: About
    12.Licence, updates and account
    • Move your licence to a new computer
    • Updates: how Scalpel updates itself
    • Try new features early: the beta channel
    • Refunds, invoices and billing
    • Earn with the referral program
    • Get help on Discord
    13.Troubleshooting
    • Scalpel says Disconnected: fix the IBKR connection
    • TWS is running but not accepting the connection
    • TWS signs out when IB Gateway starts
    • Delayed data, NO DATA or STALE, or Depth unavailable
    • A LIVE order was rejected
    • An order did not fill, or only part filled
    • Scan panels say the IBKR scanner is off or waiting
    • Licence: machine limit reached
    • Licence: Scalpel cannot reach scalpeltrade.com
    • Windows protected your PC: installing Scalpel
    • An update did not install, or Scalpel went back a version
    • The chart or app window is blank
    • The order bar is greyed out
    • No callouts or tape sound
    • Intel shows nothing or SEC filings are off
    14.Tips and tricks
    • 40 Scalpel tips for faster, safer scalping
    • A pre-market routine with Scalpel
    • Trade without touching the mouse
    • Settings for a small account
    • Your first week: a SIM practice plan
    • The momentum method Scalpel is built around
    15.Glossary
    • Day trading glossary
    Guides/13. Troubleshooting

    Guide 13.14

    No callouts or tape sound

    Beginner, 4 min read. Checked with Scalpel 1.12.8 on October 15, 2026.

    In short

    Open Settings > Audio and check that Enable audio, Sound effects and Voice callouts are ticked and Volume is above 0%, then click Apply: you should hear a chime. Tape sound is separate: it is off by default and is switched on per Level 2 panel, in its cog under Time and sales > Tape sound. If the chime is silent too, Scalpel is playing to a different output device: restart it after you plug in headphones.

    Sound is a big part of Scalpel: it says "Filled", "Stopped out" and "Out, in profit" so you can keep your eyes on the book, and the tape sound, inspired by Aggr.trade, lets you hear the buying and selling. Work down this page in order: each step rules out one cause.

    Check the Audio tab

    1. 01

      Open Settings > Audio

      Press Ctrl+, (Cmd+, on a Mac) and pick Audio.

      Settings
      ConnectionTradingStopsRiskSizingAppearanceAudioHotkeysIntelAbout
      Audio cues
      Enable audio
      Sound effects
      Voice callouts
      Volume80%
      Sound effects and voice can be muted independently. Master mutes both.
      CancelApply
      Settings, Audio: the four things to check. Shown at the defaults: everything on, volume 80%.
    2. 02

      Tick all three switches and set the volume

      • Enable audio is the master switch: off silences callouts, sound effects and tape sound.
      • Sound effects covers the short sounds, and tape sound needs it too.
      • Voice callouts covers the spoken words.
      • Volume at 0% silences everything, tape sound included. The default is 80%.
    3. 03

      Click Apply and listen

      Apply plays a short chime with the new settings (it needs Sound effects on). If you hear it, Scalpel's sound works, and any silence elsewhere is one of the cases below.

    Still silent: the output device

    Scalpel opens your computer's default sound output when it starts and keeps it for the session. So:

    • Plugged in headphones or a headset after starting Scalpel? Its sound still goes to the old device. Quit and restart Scalpel.
    • Changed the default output in Windows (Settings > System > Sound) or macOS (System Settings > Sound)? Restart Scalpel to follow it.
    • No output device at all at startup (a monitor's speakers asleep, a USB headset unplugged) means Scalpel has no sound for that session. Connect it and restart.
    • Muted in the Windows volume mixer? Open Volume mixer and check Scalpel's own slider.

    No tape sound

    Tape sound plays a tone for each print on the tape: buys high and on the right, sells low and on the left, bigger prints longer and louder. It is off by default.

    1. 01

      Open the Level 2 cog

      Click the cog in the LEVEL 2 panel's title bar. The Level 2 settings window opens.

    2. 02

      Tick Tape sound under Time and sales

      Level 2 settings
      Time and salesDisplay min size0Color by aggressorSize barsDollar value instead of sizeTape soundSound volume60Sound min value ($)1000Big print value ($)20000Stereo: sells left, buys right
      The Level 2 cog, Time and sales section: Tape sound ticked, and its settings at their defaults.
    3. 03

      Check its own settings

      Sound volume (default 60) is tape sound's own level. Sound min value ($) (default $1,000) is a noise gate: prints worth less than that make no sound. On a $2 stock that is 500 shares, so a quiet tape of 100-share prints stays silent. Lower it to hear more.

    Then the reasons tape sound can still be quiet:

    • Only the focused desk plays. Click the desk you want to hear (or move focus with Left and Right). The others stay silent so four tapes never play at once.
    • It needs Sound effects. Untick Sound effects on the Audio tab and the tape goes quiet too.
    • Prints between the bid and ask are silent. Only trades at the bid (sells) or at the ask (buys) have a side to play.
    • Nothing is printing. No live data, no sound. Check the desk's badge (guide 13.4).
    • A fresh symbol starts silent. The prints already on the tape when you load a symbol are taken in quietly; new ones play.

    Some callouts are missing

    • Voice wins over sound. When an event has both a callout and a sound effect, only the voice plays. Untick Voice callouts and you hear the sound instead.
    • Callouts never talk over each other. A callout that arrives while another is still speaking is dropped. In a fast burst you hear the first.
    • Scanner announcements only come from scan panels that are open on a desk with their bell on (guide 10.2).

    The full list of what Scalpel says is in guide 10.1, and tape sound in depth is guide 3.4.

    Questions

    Why can't I hear Scalpel's voice callouts?
    Check Settings > Audio: Enable audio and Voice callouts ticked, Volume above 0%. If Apply's chime is silent too, restart Scalpel so it picks up your current sound output.
    Why is tape sound silent?
    It is off by default. Tick Tape sound in the Level 2 cog under Time and sales, focus that desk, keep Sound effects on, and lower Sound min value if prints are small.
    Does the master Volume change the tape sound level?
    Tape sound has its own Sound volume in the Level 2 cog. The master switch and Volume at 0% still silence it.
    I plugged in headphones and Scalpel went silent. Why?
    Scalpel keeps the sound output it opened at startup. Restart it to use the headphones.

    Related guides

    Guide 10.1Voice callouts and soundsWhat Scalpel says and plays: fills, exits, stops, the risk lock, mode switches, session times, exit warnings and scanner alerts, and how to mute each.Guide 3.4Hear the tape: tape soundHear the tape, inspired by Aggr.trade: buys in the right ear, sells in the left, block trades by their shape. Set the big print value, gate and volume.Guide 11.7Settings: AudioScalpel's Audio tab: the master switch, sound effects, voice callouts and volume, what each one mutes, and where tape sound is switched on instead.
    Previous: 13.13The order bar is greyed outNext: 13.15 Intel shows nothing or SEC filings are off
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