JAM ALGO Scalping Intraday

Trend & Momentum Indicator

SuperTREX is a trend-following trading indicator designed to identify BUY and SELL opportunities by combining RSI momentum, ATR-based SuperTrend logic, and an optional EMA trend filter.

The indicator focuses on clarity and stability, providing clean signals, visual trade zones, and a simple performance overview directly on the chart.

Key Features

Trend Detection

SuperTrend-style logic based on ATR volatility

Visual trend line with optional background coloring

Momentum Confirmation

RSI crossovers to detect momentum shifts

Helps filter low-quality or late entries

Optional EMA Filter

Trade in the direction of the broader trend

Can be enabled or disabled by the user

Flexible Trade Modes

LONG only

SHORT only

BOTH (default)

Visual Trade Management

Automatic Take Profit and Stop Loss zones

ATR-based or Percentage-based

TP / SL boxes projected forward from each entry

JAM ALGO Scalping Intraday - Fully customizable colors, opacity, and borders

Statistics Dashboard

Total number of trades

Wins and losses

Win rate

Average R per trade

The dashboard updates in real time and is fully customizable.

Alerts

BUY alerts

SELL alerts

Alerts are triggered only when conditions are met and do not repaint.

Reliability

No repainting

No security() calls

No lookahead bias

Pine Script v6 compatible

Designed for intraday and swing trading

Disclaimer

This indicator is a technical analysis tool, not financial advice.
Always apply proper risk management and confirm signals with market context.