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LA_Crypto_Pirate
5. Nov. 2021 16:56

LA_Crpyto_Pirate Modifie VuManChu B Script with Scalping Filters 

Beschreibung

I added the following filters for entry signals to the VuManChu B with divergences for use as a scalping indicator. You will need to load the 50 EMA and this indicator to trade this per the rules below

The rules for trading this are as follows; You can only take a long or short entry when all of these requirements match
  • The wave cross is under the zero line (long) or over the zero line (short)
  • The money flow indicator is green (long) or red (short)
  • The closing price is above the 200 EMA (long) or below the 200 EMA (short)
  • price has pulled back to the 50 EMA


Here are the filters I employed in the script to help you trade this
  • Zero Line Filter: Only signal longs under the zero line and shorts over the zero line will fire off a signal
  • Money Flow Indicator Filter: Only signal longs when money flow is green and only shorts when money flow is red
  • 200 MA filter: Only longs when price is closing above the 200 EMA and only shorts when price is closing below the 200 EMA


When you get an alert, simply check to see that price has pulled back to the 50 EMA before entering. Place long and short orders when the indicator signals and you confirm price has pulled back to the 50 ema before entering the long or short. Set your Stop Loss above or below the pervious pullback and set a reward ratio of your choice. Good luck!

Versionshinweise

added arrows and updated code for easier entries

Versionshinweise

Updated and simplified alert messaging options
Kommentare
Xperience4
Salut c'est bien cet indicateur que l'on voit dans ta vidéo ? Si c'est le cas merci beaucoup et je vais tester ;)
CoolSheet69
nice script.... would be nice to be able to toggle on/off the 3 buy-sell conditions
Black-Hawk2024
What an gem of a indicator . I use it with H1 and ema 200. Thanks bro
mykzillion7
nice, been using this on 15 minutes TF for scalping.this will make my work easier.thanks alot.this is exactly what i need
diLiviu
@mykzillion7, hello, what settings have you used? thanks
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