OPEN-SOURCE SCRIPT

Impulse Momentum Scalper

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⚡ Impulse Momentum Scalper: Catch the Wave of Big Moves

Tired of guessing when a trend is about to explode? Stop chasing and start catching the first wave with Impulse Momentum Scalper.

This isn't just another indicator repaint. This is a sophisticated strategy engine designed to identify the critical moment when surge in volume and expanding volatility converge within a strong trend, signaling the start of a powerful momentum move.

We don't predict. We react to the market's own footprint.

How It Works: The Triple-Filter System
THE TREND (The Highway): A simple EMA filter ensures you only trade in the direction of the dominant trend. Why swim against the current?

THE VOLUME (The Fuel): The strategy waits for an explosive volume surge—signaling strong institutional or crowd interest—before even considering an entry. No volume, no trade.

THE IMPULSE (The Trigger): It then scans for a significant expansion in volatility, indicating the market is breaking out of its slumber and initiating a new impulsive wave.

When all three elements align, the strategy provides a clear, non-repainting signal to enter.

Key Features & Advantages:
🛡️ Built-In Smart Risk Management: Every trade includes a dynamic Stop-Loss and Take-Profit based on Average True Range (ATR), adapting your risk to the market's current volatility.

🎯 High-Probability Signals: By combining three proven concepts (Trend, Volume, Volatility), it filters out market noise and aims for only the highest-quality setups.

⏰ Perfect for Scalpers & Swing Traders: While designed for quick, impulsive moves, the logic is effective on multiple timeframes (try 5m for scalping or 1H for swings).

🔔 One-Click Alerts: Includes pre-configured alert conditions so you never miss a signal, even if you're away from your charts.

Disclaimer: This script is a strategy, not financial advice. Past performance is not indicative of future results. Always backtest and forward-test any strategy in a risk-controlled environment before committing real capital.

Ready to trade the impulse? Add the strategy to your chart and see the signals in real-time!

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