OPEN-SOURCE SCRIPT
Ultra-Fast Scalp Predictor - By Herman Sangivera ( Papua )
Ultra-Fast Scalp Predictor - By Herman Sangivera ( Papuan Trader )
Overview
Ultra-Fast Scalp Predictor is a high-speed technical indicator specifically engineered for scalpers and day traders. Built on Pine Script V6, this tool specializes in identifying "Squeeze" phases—periods of market compression—and predicting the direction of the upcoming "explosion" before it happens.
The Problem It Solves
Most scalping indicators suffer from two issues: they are either too slow (Lagging) or too sensitive (Fake Signals). This script solves both by using a "Preparation -> Prediction -> Execution" workflow.
How It Works
Phase 1: Squeeze Detection (The Setup) The script monitors the volatility "coil" using Bollinger Bands and Keltner Channels. A Gray Background indicates a Squeeze. This is where the market is sideways, building energy.
Phase 2: Momentum Velocity (The Prediction) While the price is still sideways, the script uses Linear Regression Momentum and Price Velocity.
Aqua Circle (Early Ready Up): Momentum is shifting bullish inside the squeeze.
Orange Circle (Early Ready Down): Momentum is shifting bearish inside the squeeze.
Phase 3: Fast Breakout (The Execution) Once the squeeze "fires" and price crosses the bands, the script triggers a FAST BUY or FAST SELL signal.
Key Features
No-Lag HMA: Uses a 12-period Hull Moving Average for ultra-responsive trend tracking.
Squeeze Logic: Prevents you from overtrading in a "dead" market.
Predictive Signals: The "Early Ready" dots give you a split-second advantage over other traders.
Visual Clarity: Clean labels and shapes designed for 1-minute and 5-minute timeframes.
How to Trade with This Indicator
Step 1 (The Wait): Wait for the gray background (Squeeze).
Step 2 (The Hint): Look for the Aqua or Orange dots. These are your "get ready" warnings.
Step 3 (The Entry): Enter as soon as the FAST BUY (Lime) or FAST SELL (Red) triangle appears.
Step 4 (The Exit): Exit when the HMA line changes color or use a 1:1.5 ATR-based risk/reward ratio.
Settings Explained
Fast HMA Length: Default is 12. Lower = Faster, Higher = Smoother.
Squeeze Length: Default is 20. Controls how sensitive the sideways detection is.
Multipliers: Adjust the BB and KC multipliers to tighten or loosen the breakout sensitivity.
Disclaimer: Scalping involves significant risk. This tool is designed to assist your analysis, not replace sound risk management. Always backtest on a demo account before trading live.
Overview
Ultra-Fast Scalp Predictor is a high-speed technical indicator specifically engineered for scalpers and day traders. Built on Pine Script V6, this tool specializes in identifying "Squeeze" phases—periods of market compression—and predicting the direction of the upcoming "explosion" before it happens.
The Problem It Solves
Most scalping indicators suffer from two issues: they are either too slow (Lagging) or too sensitive (Fake Signals). This script solves both by using a "Preparation -> Prediction -> Execution" workflow.
How It Works
Phase 1: Squeeze Detection (The Setup) The script monitors the volatility "coil" using Bollinger Bands and Keltner Channels. A Gray Background indicates a Squeeze. This is where the market is sideways, building energy.
Phase 2: Momentum Velocity (The Prediction) While the price is still sideways, the script uses Linear Regression Momentum and Price Velocity.
Aqua Circle (Early Ready Up): Momentum is shifting bullish inside the squeeze.
Orange Circle (Early Ready Down): Momentum is shifting bearish inside the squeeze.
Phase 3: Fast Breakout (The Execution) Once the squeeze "fires" and price crosses the bands, the script triggers a FAST BUY or FAST SELL signal.
Key Features
No-Lag HMA: Uses a 12-period Hull Moving Average for ultra-responsive trend tracking.
Squeeze Logic: Prevents you from overtrading in a "dead" market.
Predictive Signals: The "Early Ready" dots give you a split-second advantage over other traders.
Visual Clarity: Clean labels and shapes designed for 1-minute and 5-minute timeframes.
How to Trade with This Indicator
Step 1 (The Wait): Wait for the gray background (Squeeze).
Step 2 (The Hint): Look for the Aqua or Orange dots. These are your "get ready" warnings.
Step 3 (The Entry): Enter as soon as the FAST BUY (Lime) or FAST SELL (Red) triangle appears.
Step 4 (The Exit): Exit when the HMA line changes color or use a 1:1.5 ATR-based risk/reward ratio.
Settings Explained
Fast HMA Length: Default is 12. Lower = Faster, Higher = Smoother.
Squeeze Length: Default is 20. Controls how sensitive the sideways detection is.
Multipliers: Adjust the BB and KC multipliers to tighten or loosen the breakout sensitivity.
Disclaimer: Scalping involves significant risk. This tool is designed to assist your analysis, not replace sound risk management. Always backtest on a demo account before trading live.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.