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Draculapresley's Daytrading Scalping STRAT O' DoomUsing some custom settings with a few indicators and a custom movement algorithm I have backtested this script and used it with great results. Excellent for getting in and out for quick scalping trades. The results are typically 1% + and sometimes even a great deal more. The indicator gives you buy and sell points and works great with 15 min candles though you can modify the inputs to work with any time frame. Use all 3 indicators for safest bets but most of the time just using the Stoch input with the movement algorithm almost always yields positive results with tons of buys. Works pretty well even in a downturn but absolutely kills in a bull market. Check out the screenshots below. imgur.com
Pine Script® Indikator
von draculapresley
8
OneX HiteshB Scalping Indicator 1.0Full Documentation: This script uses the 10 and 20 period EMAs on the higher time frame to determine the trend and 14 period Stoch RSI from current time frame to determine entries in the direction of the trend. Available Settings : 1. Turn On/Off Trend - This will show you the bearish trend in a red background and the bullish trend in a green background. Redundancy only, the indicator is already calculating trend without this setting. 2. Stoch RSI settings - These are set to default. The SRSI sensitivity is set to 15 for oversold and 85 for overbought, and this cannot be edited. 3. Target and Stop Loss offsets - You can modify this according to your Reward:Risk. Known Issues: -Old entries do not erase if the stop loss was hit Pros: 1. Very useful in scalping in the direction of the trend 2. Can be used on ANY time frame, across ANY asset class (however I recommend using this between the 5 minute to 30 minute time frames for the most profitability, with the 15min being my personal favourite) 3. Current average profitability stands at roughly 65% across any mix of trends - this will be proven in the strategy to be released later this week) Cons: 1. Unable to call any sort of trend reversal 2. Does not account for stop runs on lower time frames (1min-3min but I don't recommend using those time frames anyway) Future Plans: -Implementation of SRSI divergences If you have any criticism or suggestions, please do comment below.
Pine Script® Indikator
von hiteshbhatia3559
54
[BullTrading] 1 minute Easy Scalping Sys v3.0This is the third version of Bull Trading Easy Scalping Tool for 1 minute charts. This improved code filters trend direction and power to avoid some false entries on horizontal markets. Exits after profit are commonly taken when the price hits the ma's. DISCLAIMER: The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
Pine Script® Indikator
von BullTradingAM
514
[BullTrading] Easy Scalping Sys v2.0This alert friendly indicator is designed as a scalping tool, it displays arrows for entries and color differentiation for exits. Play arround with Trend Length settings for signal sensibility. Comments for improving are very welcome. DISCLAIMER: The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.
Pine Script® Indikator
von BullTradingAM
19
Scalping 4D+ Engine (Advanced Entry Modes {SMC})Scalping 4D+ Engine (Advanced Entry Modes {SMC}) is a next-generation quantitative trading model engineered for traders who want fewer but higher-probability signals. This system combines Smart Money Concepts (SMC), quantitative volume analysis, volatility regime modeling, and momentum confirmation into a unified scoring engine that filters out noise and highlights only the strongest directional opportunities. Unlike conventional indicators that rely on a single trigger (EMA crosses, RSI oversold, MACD flips), the SMC 4D+ engine evaluates multiple market dimensions simultaneously, allowing it to track the true underlying state of the market before issuing a BUY or SELL signal.
Pine Script® Indikator
von SaheeWin
scalping2sahilnarkarThis is the a bit edited to the previous script. As per regulations i have kept this as an open script. The only Difference to confirm your support resistance levels is an addition of simple moving average 21. Rules are the Same- - Trade long when above vwap and 21EMA - Trade Short when below the VWAP. EMA21 and EMA50 acts as support where as SMA 21 will show the Trend. Even though This script is purely based on EMA's, i tend to find the SMA21 as a good Support resistance/support while taking a trade as it avoids the wipsaws while taking an entry. Please Note- -This is a scalping Script so book profits and keep stoplosses accordingly. -When you put this script on the screen, remove everything except EMA9,EMA21,EMA50,EMA200 and the SMA21(keep the arrows and edit the arrows as you want) -This is not a plug and play script so tune it as you want on the settings. -Please consider using a VWAP always. -I have made this script after putting it into many indian stocks you have to tune it as per your stock exchange.
Pine Script® Indikator
von Sahil_Narkar
Scalping Dashboard - Volume Candles + Liquidity ZonesScalping Dashboard - Volume Candles + Liquidity Zones 📊 Overview A comprehensive scalping indicator designed for high-frequency traders on 1-5 minute timeframes. This all-in-one dashboard combines volume analysis, order flow metrics, technical indicators, and institutional liquidity zones to identify high-probability scalping opportunities. 🎯 Key Features ✅ Multi-Timeframe Analysis Fast MACD (5/13/5) for momentum Quick EMAs (9/20/50) for trend direction Rapid Stochastic (5/3/3) for oversold/overbought conditions Fast RSI (7) for extreme readings ✅ Advanced Order Flow Metrics CVD (Cumulative Volume Delta): Tracks buy vs sell pressure over time Delta Momentum: Measures acceleration in buying/selling Buy/Sell Pressure Ratio: Real-time balance of market forces Order Flow Imbalance: Detects aggressive buying or selling Tape Speed: Measures how fast volume is hitting the market ✅ Institutional Liquidity Zones Buy-Side Liquidity: Areas above price where short stop losses cluster Sell-Side Liquidity: Areas below price where long stop losses cluster Liquidity Sweeps: Detects "stop hunts" by institutions before reversals ✅ Volume-Based Candle Coloring Visual representation of volume intensity Extreme, High, Normal, and Low volume categories Fully customizable color schemes ✅ Dynamic Support/Resistance Volume-weighted price levels Automatically updates every 3 bars Shows distance to key levels 📈 Dashboard Indicators Explained The bottom-left dashboard displays 14 real-time metrics: ▸ MACD (●) Green = Bullish momentum Red = Bearish momentum Gray = Neutral ▸ Supp (Price) Support level Green highlight = at support (good for long entry) ▸ Res (Price) Resistance level Orange highlight = at resistance (good for short entry) ▸ EMA (●) Green = Price above EMAs (bullish) Red = Price below EMAs (bearish) ▸ Stoch (●) Green = Oversold (<20) Red = Overbought (>80) Gray = Neutral ▸ RSI (●) Green = Oversold (<30) Red = Overbought (>70) Gray = Neutral ▸ CVD (●) Green = Cumulative buying pressure Red = Cumulative selling pressure ▸ ΔCVD (●) Green = Increasing buy pressure Red = Increasing sell pressure ▸ Imbal (●) Green = Buy imbalance (>2:1 ratio) Red = Sell imbalance ▸ Vol (●) Green/Yellow background = Volume surge (>2x average) ▸ Tape (●) Green/Yellow background = Fast tape (>1.5x speed) ▸ Liq (↑↓●) ↑ = Bullish sweep or near sell-side liquidity ↓ = Bearish sweep or near buy-side liquidity ● = Neutral ▸ Score (#L or #S) Quality score (0-8) for Long or Short setups Higher numbers = Better quality trade ▸ SCALP (LONG/SHORT/WAIT) Primary signal Bright color = High quality (score ≥5) Dim color = Decent quality (score =4) Gray = Wait for better setup 🎨 Candle Color System Volume-Based Colors Bright Green/Red: Extreme volume (>2.5x average) - Major moves Medium Green/Red: High volume (>1.5x average) - Strong activity Dull Green/Red: Normal volume - Standard market activity Gray: Low volume (<0.5x average) - Avoid trading Signal-Based Colors Lime: Strong Long signal (score ≥5) Green: Decent Long signal (score =4) Orange: Strong Short signal (score ≥5) Red: Decent Short signal (score =4) Candle Color Modes (adjustable in settings): Volume Only: Pure volume intensity Volume + Signals: Signals override volume when present (default) Signals Only: Only shows entry signals 🔵 Chart Indicators Support & Resistance Lines Green Line: Volume-weighted support level Red Line: Volume-weighted resistance level Lines update dynamically based on 100-bar volume profile Liquidity Zones Cyan Circles/Dashed Lines: Buy-side liquidity (above price) Where short stop losses cluster Potential targets for bullish moves Institutions may push price here before reversing down Magenta Circles/Dashed Lines: Sell-side liquidity (below price) Where long stop losses cluster Potential targets for bearish moves Institutions may push price here before reversing up Entry Markers Large Green Triangle (▲): High quality long entry (score ≥5) Small Green Triangle (▲): Decent long entry (score =4) Large Orange Triangle (▼): High quality short entry (score ≥5) Small Red Triangle (▼): Decent short entry (score =4) Liquidity Sweep Markers Cyan X-Cross (below bar): Bullish liquidity sweep - "LIQ↑" Price swept sell-side liquidity and reversed up Strong buy signal Magenta X-Cross (above bar): Bearish liquidity sweep - "LIQ↓" Price swept buy-side liquidity and reversed down Strong sell signal 🎯 How to Use This Indicator For Long Scalps (Buy): Wait for Dashboard Signal: SCALP = "LONG" with score ≥5 Confirm Multiple Green Dots: Look for EMA, CVD, ΔCVD, Imbal all green Check Volume: Vol or Tape should show yellow background (surge) Look for Confluence: Price at or near Support level (green highlight) Price near Sell-Side Liquidity (magenta line below) RSI oversold (green dot) Large green triangle appears on chart Best Entry: On a bullish liquidity sweep (cyan X-cross) For Short Scalps (Sell): Wait for Dashboard Signal: SCALP = "SHORT" with score ≥5 Confirm Multiple Red Dots: Look for EMA, CVD, ΔCVD, Imbal all red Check Volume: Vol or Tape should show yellow background (surge) Look for Confluence: Price at or near Resistance level (orange highlight) Price near Buy-Side Liquidity (cyan line above) RSI overbought (red dot) Large orange triangle appears on chart Best Entry: On a bearish liquidity sweep (magenta X-cross) Three Types of Scalping Setups: 1. Quick Scalp (Fastest - 1-5 minute holds) MACD or Stochastic crossover + Volume surge At Support/Resistance level Score ≥4 2. Momentum Scalp (Ride the wave - 5-15 minute holds) Strong EMA alignment + CVD slope positive Order flow imbalance + Fast tape Volume surge with price structure Score ≥5 3. Reversal Scalp (Fade extremes - 3-10 minute holds) Stochastic + RSI extreme readings At Support/Resistance OR liquidity sweep CVD momentum reversal Score ≥6 ⚙️ Recommended Settings Timeframes Primary: 1-minute, 2-minute, 5-minute Confirmation: Use 15-minute chart for overall trend direction Asset Types Forex pairs (high liquidity) Crypto (BTC, ETH with high volume) Futures (ES, NQ) Major stocks during market hours Risk Management Target: 1-3 times your stop loss Stop Loss: Below nearest liquidity zone for longs, above for shorts Position Size: Never risk more than 1% per trade Score ≥5: Take full position size Score =4: Take half position size or skip 🔧 Customization Options Input Groups MACD Settings Fast Length: 5 (scalping optimized) Slow Length: 13 Signal Length: 5 EMA Settings EMA 9, 20, 50 (fast scalping EMAs) Stochastic Settings %K Length: 5 %D Smoothing: 3 Smooth: 3 CVD Settings MA Length: 10 (for CVD smoothing) RSI Settings Length: 7 (fast RSI) Overbought: 70 Oversold: 30 Volume Settings MA Length: 10 Extreme Multiplier: 2.5x High Multiplier: 1.5x Low Multiplier: 0.5x Liquidity Zone Settings Lookback Periods: 20 Swing Strength: 3 Show Liquidity Zones: On/Off Show Liquidity Sweeps: On/Off Support/Resistance Settings Volume Lookback: 100 bars (~2 hours on 1-min chart) Order Flow Settings Imbalance Threshold: 2.0 (2:1 ratio) Color Customization All volume colors customizable All signal colors customizable All liquidity colors customizable 📊 Volume Legend (Top Right) The small table in the top-right corner shows the volume intensity key: Extreme: >2.5x average volume High: >1.5x average volume Normal: 0.5x to 1.5x average volume Low: <0.5x average volume 🔔 Built-in Alerts Set up these alerts to never miss a trade: High Quality Long Scalp: Triggers when entry_long and score ≥5 High Quality Short Scalp: Triggers when entry_short and score ≥5 Bullish Liquidity Sweep: Triggers when sell-side liquidity is swept Bearish Liquidity Sweep: Triggers when buy-side liquidity is swept To set up: Right-click chart → Add Alert → Select condition → Create 💡 Pro Tips Understanding Liquidity Zones Buy-Side Liquidity = Where shorts have their stops = Price tends to wick up here Sell-Side Liquidity = Where longs have their stops = Price tends to wick down here Liquidity Sweep = Institution triggers stops, absorbs liquidity, then reverses Best trades = Enter AFTER the sweep when price reverses back Reading the Dashboard All Green Dots + Yellow Volume = Strong Long Setup All Red Dots + Yellow Volume = Strong Short Setup Mixed Colors = Choppy/Neutral = Wait Score 6+ = Highest probability trades Score 3 or less = Avoid Confluence is Key Never trade on a single indicator. Wait for: Dashboard score ≥5 Volume surge (yellow background) At support/resistance OR liquidity zone CVD and momentum aligned Price structure confirmation (triangle marker) Avoid These Situations ❌ Low volume periods (gray candles) ❌ Dashboard shows "WAIT" ❌ Score below 4 ❌ No volume surge during entry ❌ Trading against higher timeframe trend Best Trading Sessions Forex: London open (3-5 AM EST), NY open (8-10 AM EST) Crypto: Works 24/7, best during high volume periods Stocks: First hour (9:30-10:30 AM EST), last hour (3-4 PM EST) Futures: US session open (9:30 AM EST) 🎓 Understanding the Scoring System The indicator calculates a quality score (0-8) for both long and short setups: +1 point for each: EMA bias aligned (price above/below EMA structure) CVD momentum bias aligned (buying/selling pressure) Buy/Sell pressure ratio aligned (>1.5x or <0.67x) Volume strength (surge detected) Order flow imbalance (>2:1 ratio) Tape speed (>1.3x average) Price structure (higher highs or lower lows) Liquidity bias (sweep detected) Score Interpretation: 7-8: Extremely high probability (rare, take immediately) 6: Very high probability (excellent trade) 5: High probability (good trade) 4: Decent probability (acceptable with tight stop) 3 or less: Low probability (wait for better setup) 📋 Quick Reference Card Entry Checklist Dashboard shows LONG or SHORT Score is ≥5 Multiple indicators aligned (green or red dots) Volume surge present (yellow background) At support/resistance or liquidity zone Triangle marker appeared on chart Risk:Reward ratio is at least 1:2 Exit Strategy Take Profit: At opposite liquidity zone or resistance/support Stop Loss: Below sell-side liquidity (longs) or above buy-side liquidity (shorts) Trail Stop: Move to breakeven after 1:1 risk:reward achieved ⚠️ Important Notes This is NOT a holy grail: No indicator is 100% accurate. Always use proper risk management. Backtest first: Paper trade or backtest on your specific instrument before using real money. Market conditions matter: This indicator works best in trending or volatile markets, not in tight consolidation. Combine with price action: Use the indicator as confluence with your own price action reading. Adjust for your instrument: Different assets may require tweaking the sensitivity settings. Lower timeframes = More noise: 1-minute charts have more false signals than 5-minute charts. 🔄 Version History v1.0 - Initial release Multi-indicator dashboard Volume-based candle coloring Support/Resistance detection Entry signal generation v2.0 - Current version Added liquidity zone detection Added liquidity sweep identification Enhanced scoring system (now 0-8) Added liquidity bias to entries New alerts for liquidity sweeps Improved dashboard with Liq indicator 📞 Support & Feedback If you find this indicator helpful, please: ⭐ Give it a boost 💬 Share your results in the comments 🐛 Report any bugs or issues 💡 Suggest improvements Disclaimer: This indicator is for educational purposes only. Trading involves significant risk. Past performance does not guarantee future results. Always trade responsibly and never risk more than you can afford to lose. 🏆 Credits Created for serious scalpers who want institutional-level insights on retail charts. Combines order flow analysis, volume profiling, and liquidity mapping into one comprehensive tool. Happy Scalping! 🚀📈
Pine Script® Indikator
von jedijamez
Scalping Market Strctures[SumitQuants]🇮🇳🔥 **Scalping Market Structures ** Built for Scalper and Market Structure Breakout Trader A clean, lightning-fast market structure engine designed for Indian scalpers who need precise Swing Points, BOS/CHoCH, and True Breakout Signals — without clutter, lag, or noise. Perfect for 1-min, 3-min, 5-min scalping on indices & stocks. 🧠 Why This Indicator Stands Out Most structure tools repaint or clutter your chart. This one is simple, sharp, and brutally effective. It reveals: ➡ True swing highs & lows ➡ Where structure flips (BOS/CHoCH) ➡ Counter-trend reversals ➡ Buy/Sell pressure points ➡ 0.5 retracement zones for sniper entries It reads the chart the way scalpers need: Fast. Clean. Accurate. 🔥 What’s Inside (Complete Feature Stack) 🎯 1. Automatic Swing High/Low Detection (Scalper-Optimized) Instant swing labeling that adapts to your timeframe: ✔ HH (Higher High) ✔ LH (Lower High) ✔ HL (Higher Low) ✔ LL (Lower Low) Buy / Sell swing labels appear automatically: 🟥 “Sell ↓” on bearish swing highs 🟩 “Buy ↑” on bullish swing lows Perfect for reading trend direction in seconds. ⚡ 2. Real BOS & CHoCH Detection Clean breakout logic that respects your choice: ✔ BOS via Candle Close ✔ BOS via Wick Break Plus: ✨ CHoCH mode (first counter-trend BOS automatically renamed to CHoCH) ✨ Breakout lines drawn with your color & style ✨ Mid-point BOS labels for perfect visibility Spot reversals & trend flips with zero confusion. 📏 3. The 0.5 Retracement Tool (Smart Entry Zone) Beautiful mid-retracement lines drawn ONLY when trend conditions match: 🔹 Appears between recent swing high → low 🔹 Shows ideal 50% pullback zone 🔹 Perfect for sniper re-entries during expansions Enable/disable anytime. Fully customizable. 🔍 4. Trend Context in One Glance The script tracks: ✔ Last swing direction ✔ Whether the market is making HH/LH or HL/LL ✔ Bias shift moments ✔ When highs or lows get invalidated This gives you real structure awareness — the foundation of SMC scalping. 🔔 5. Clean Breakout Visualization Whenever a swing high or swing low gets taken out: 🔥 A BOS line is drawn 🔥 A BOS/CHoCH label appears 🔥 The previous swing is deactivated 🔥 Trend context is updated instantly No repaint. No lag. No ambiguity. 🧽 6. Ultra-Clean UI ✔ Minimalist labels ✔ Light/dark-mode friendly ✔ Zero clutter ✔ Focus on price, not drawings A scalper’s dream: fast, clean, actionable. 🧪 Who Is This Built For? ✔ NIFTY/BANKNIFTY Scalpers ✔ Price Action Traders ✔ SMC Traders ✔ Smart Money Reversal Traders ✔ Anyone who trades 1m–15m charts ✔ Traders who want a simple but powerful structure tool ⚡ Why Indian Traders Love It 🔸 Calls out structure shifts instantly 🔸 Helps spot reversals BEFORE the move starts 🔸 Makes scalping simple & visual 🔸 Eliminates noisy indicators 🔸 Gives pure price-action clarity 🔸 Works on every timeframe & instrument This is not just a structure tool — It’s your scalping radar. 🛒 Get Full Access This indicator is available inside the Courses Section on the official website. 👉 Purchase & Access: www.ironmindtrader.com Inside the course: 🔧 Installation Steps 📘 How to Use the Structure System 🎯 Scalping Entry Logic 🔄 Updates Included
Pine Script® Indikator
von SumitQuants
Scalping PullBack by AbhiSetup and hints: When price is above the PAC(blue bars) we are only looking to buy as price comes back to the PAC, when price is below the PAC(red bars), we are only looking to sell when price comes back to the PAC What we’re looking for when price comes back into the PAC we draw mini Trendlines (TL) utilising the Fractals and HH/LL points to guide your TL drawing. Now look for the trend to pull back and break the drawn mini TL. That's is where we can place the scalp trade. So we are looking for continuation signals in terms of a strong, momentum driven pullbacks of the PAC EMA(34). The other EMAs are there to check for other Pullbacks when PAC EMA (34) is broken. Other than the "SweetSpot Gold RN" indicator, you should not need any other indicator to scalp for pullbacks. If you want to trade shallower Pullbacks for quicker scalps, try reducing the PAC and EMA combination lengths for example: - 21 PAC and 55, 144, 377 for fast, medium, slow EMAs - 13 PAC and 34, 89, 233 for fast, medium, slow EMAs Each alert should be evaluated on it's own merits, the alerts are designed to highlight possible scalping trades from Pullback recoveries around the PAC.
Pine Script® Indikator
von abhishektomar1796
2
Scalp Strategy by Trade Journey📘 Trading Strategy: "Delta Flow Scalper" Author: @Trad_journey Type: Scalping / Intraday Timeframes: - Context: 1H - Entry Points: 15m --- 🎯 Core Idea We use a powerful tool — the Delta-RSI Oscillator (D-RSI), which calculates the derivative of RSI using polynomial regression. This oscillator doesn't just show the strength of price movement but reveals how that strength changes over time. By combining this with order flow analysis on the 1H timeframe, we can spot reversals and momentum bursts within a prevailing trend, where the D-RSI is most accurate. --- 🔍 Strategy Logic 1. Context (1H) Before entering a trade on the 15m chart, we determine: - The trend on 1H using candle structure, levels, EMAs, volume, VSA, and other methods. - Example: If 1H shows a series of higher highs/lows and rising volume — it indicates an uptrend. 2. Entry Signals (15m) Entry is based on the D-RSI, configured with manually optimized settings: - RSI Length: 14 - Polynomial Order: 2 - Window Length: 14 - Signal EMA: 7 - RMSE Filtering: Enabled, e.g., with a 10% threshold Entry Conditions (any of the following): - Zero-Crossing: Oscillator crosses above zero (long) or below zero (short) - Signal Line Cross: D-RSI crosses the signal EMA - Direction Change: Oscillator was below zero and starts rising (long), or vice versa 3. Trade Filter To improve accuracy: - Polynomial Approximation Error Filter (RMSE) is used — this eliminates noisy signals. - Ideally, confirm entries with a candlestick pattern or key level as well. --- 📈 Example of Entry Logic 1. On 1H: Clear uptrend, candles with long lower wicks, volume increasing 2. On 15m: D-RSI was below zero, sharply started rising and crossed the signal line from below 3. RMSE < 10% → signal confirmed 4. Enter long, place stop below local low + spread 5. Exit: - On opposite D-RSI signal - Or at a take profit (e.g., 1.5R or a key level) --- ⚙️ Settings () --- 📊 Why It Works - D-RSI captures momentum shifts and trend acceleration — these often occur before price changes. - RMSE filtering removes false signals during chop or weak movement. - Using a higher timeframe gives directional context — entries are made in the trend's direction, drastically increasing win probability. --- 🔔 Recommendations - Don’t use without higher timeframe context — countertrend signals can be unprofitable. - Best entries are after small pullbacks within a trend. - You can add an ATR/volatility filter — to avoid signals in tight ranges. --- ✅ Conclusion Delta Flow Scalper is a plug-and-play strategy for traders looking for precise intraday entries within larger moves. It's great for those wanting to reduce noise and trade smartly with momentum. Try it on demo, tweak it to fit your style — and go for it!
Pine Script® Indikator
von Trad_journey
Scalping Line Strategy📌 Scalping Line Strategy – A Precision Crossover System 🔎 Overview The Scalping Line Strategy is a short-term trading system built around the concept of momentum-driven crossovers between a smoothed moving average filter and a fast signal line. It is designed for scalpers and intraday traders who seek clear entry signals, minimal lag, and adaptive filtering to fit volatile market conditions. At its core, the strategy uses a custom signal line ("Scalping Line"), which is derived from the difference between a double-smoothed moving average and a shorter-period signal line. Trade entries are triggered when this Scalping Line crosses above or below zero, providing a clean and rules-based framework for both long and short setups. ⚙️ Core Logic Main Trend Filter – A double-smoothed moving average is calculated over a configurable period (default 100). This reduces noise and provides a more robust backbone for scalping signals. Percent-Based Filter – To avoid false signals, a customizable percentage filter adjusts how closely the system “respects” price deviations from the moving average. This helps filter out insignificant fluctuations. Signal Line – A shorter-period simple moving average (default 7) provides faster responsiveness to recent price action. Scalping Line (SLI) – Calculated as the difference between the fast signal line and the smoothed moving average. When the SLI crosses zero, it signals a potential momentum shift. SLI > 0 → Momentum bias is bullish. SLI < 0 → Momentum bias is bearish. 🎯 Trade Direction & Flexibility Trade Direction Control: Choose between Long Only, Short Only, or Both to tailor the system to your trading style. Signal Flip Option: By default, long entries occur when the SLI crosses below zero, and shorts when it crosses above zero. This orientation can be flipped, allowing for alternative interpretations of the signals depending on how you want to capture momentum in your market. 🕒 Time Window Filtering For intraday traders, a time filter can be enabled to restrict signals to specific trading sessions (e.g., 9 AM – 4 PM EST). This is particularly useful when trading assets such as equities or futures that have strong intraday volatility windows. 📈 Visuals & Clarity Scalping Line Plot: Displayed as a dynamic oscillator around a zero baseline. Histogram Fill: Green when above zero (bullish bias), red when below zero (bearish bias). Signal Markers: Clear arrows mark long and short entries at crossover points. Zero Line Reference: A flat gray line at zero assists in visually gauging momentum shifts. 🚀 Strategy Execution Long Entry: Triggered when SLI crosses below zero (or above zero if flip is enabled) within allowed session hours. Short Entry: Triggered when SLI crosses above zero (or below zero if flip is enabled) within allowed session hours. Built-in Signal Cancels: Pending entries are canceled if conditions are no longer valid, ensuring no stale trades remain active. ✅ Best Use Cases Markets: Works across equities, forex, crypto, and futures with sufficient intraday volatility. Timeframes: Most effective on 1m to 15m charts for scalping setups, but adaptable to higher frames for swing trading. Style: Traders who appreciate simple, rules-based momentum crossovers will find this system easy to follow and highly adaptable. ⚠️ Risk Management Note This strategy is strictly an entry signal framework. Position sizing, stop-loss, and take-profit rules must be overlaid based on your risk management style. Always validate results with backtesting and forward testing before applying to live trading accounts. 📜 Final Thoughts The Scalping Line Strategy offers a refined, easy-to-interpret approach to intraday trading. By combining smoothed moving averages, adaptive filtering, and flexible signal options, it helps traders identify short-term momentum shifts with clarity and confidence, making it a highly configurable tool for scalping-focused strategies.
Pine Script® Strategie
von nirnaykhatri