Scalper AL

The script is an updated version of our old Scalper 1.1. It includes a linear regression line for trend indication, a moving average line and the buy sell labels. The fluctuation and strength of the trend can be discerned from Pearson's value and its sign. Algorithmic trading can be done by setting an alarm. There is a provision to set target and stop loss in setting window(for algo trading). It's more profitable on the 15 minute chart, and applies to any type of stock.The color of the moving average represents the short term trend.


Contact us using the links below to gain access to this indicator

Note di rilascio:

Updated the script with polynomial regression line.

Note di rilascio:

Updated the visibility of the main trend(Background color)

Note di rilascio:

Updated the alarm settings.

Note di rilascio:

Removed the polynomial regression line and updated the signal logic.

Note di rilascio:

Updated with target and stoploss. It is more suitable for swing trading and it is more profitable on 15 min chart.

Note di rilascio:

Updated the alarm settings.

Note di rilascio:

Updated the target and stop loss.

Note di rilascio:

Updated the exit conditions.

Note di rilascio:

Updated the exit alarms.