NazhoThis is a simple scalping strategy that works for all time frames... I have only tested it on FOREX
It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA .
If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.
The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
+SuperTrend
Cerca negli script per "scalping"
Day Trade Scalping - Optimal Trade Entrance IndicatorThis script can be used to day trade SPY ( S&P ), Forex Currencies, Stocks, Bitcoin and pretty much anything out there. It was extensively tested trading live on 15minute timeframe with great results, it can be used with other timeframes as well.
Indicators:
- Regular Signals (red/green) – trade signal arrows, includes alerts
- Risky Signals (orange/olive) – trade signal arrows, includes alerts
- Optimal Trade Entrance Area - target at where to enter the trade with minimal risk and maximum profit
As the signals explained, there are regular and risky signals, which are calculated per different algorithms. Based on the test run, risky signals will appear less and be more risky, but usually spot longer bigger runs!
The original idea of the script is to provide the trader with an Optimal Trade Entrance Area to reduce the risk and maximize the profit. After you receive a signal/alert, wait for the price to re-trace to the Optimal Trade Entrance Area line, which will be shown on the chart. If the price does not reverse - it's best to not open a position. (Remember that the best trade is – no trade!).
If you don’t know how to divide up your position - here is an example on how I take profits between the price targets:
- Open position with buying a multiple of x3 contracts
- Sell 1/3 of the position at first price target and move my SL to entry
- Sell 1/3 of the remaining position at a second price target
- Sell the rest of the position at the third price target or scale out slowly if the trend is still strong
Also, keep an eye on the breakouts, especially if they go along the script signals as with breakouts, there is a good potential for a bigger move.
Reversal zone finderThis script would find potential reversal price zones according to RSI over bought or sell condition and big reversal candle.
It works better in range markets and lower time frames like 5M and especially in Support/Resistance zones.
Suit for scalping in forex or crypto markets.
* Use it as a trade assistant not a trade signal!
Rolling VWAP - Vhunt Scalper botBINANCE:ADAUSDTPERP
Modified VWAP to use scalping in lower timeframe.
Use 1minute TF for best results but can also use up to 30min.
This indicator is made for crypto but may also work for other assets.
The bands serve as support and resistance and used for opening quick profit position if conditions below are met:
Indicators:
Blue - modified rolling vwap
Orange - Band1
Green - Band2
Opening position Conditions:
Long:
Band2 < Band1
Price < Band2
Short:
Band2 > Band1
Price > Band2
Trade Central ScalperTrade Central Scalper is a scalping signal indicator based on trend and strength of the move using EMA and RSI. It determines the short term trend using EMA and strength of move using RSI. Price above set EMA allows only long trades and price below set EMA allows only short trades. Increasing RSI values from lower levels as defined in settings combined with trend as per EMA triggers the signal.
Indicator shows bars in 4 colors - Green, Red, Orange and White. Signal candles, i.e. long and short, are green and red respectively. Orange candles with opposite signal (triangle up/down) are potential reversal points where exiting from current position is recommended. Rest of the candles are white and no action is needed when candles are white.
Trading using the script is simple - you enter a long trade on a green bar and enter a short trade on red bar. Detailed rules for trade execution are mentioned below.
Trading Rules
Recommended Timeframe: 1 minute
Go LONG after a green bar when signal candle high is broken. For example, on BTC chart if signal candle (green) high is 50000 then enter at least 3-5 points above it, i.e. 50003. If the signal candle high isn't broken then wait for that to happen, but signal/trade gets invalidated if the signal candle low is broken before signal candle high is broken .
Go SHORT after a red bar when signal candle low is broken. For example, on BTC chart if signal candle (red) low is 50000 then enter at least 3-5 points below it, i.e. 49997. If the signal candle low isn't broken then wait for that to happen, but signal/trade gets invalidated if the signal candle high is broken before signal candle low is broken .
Set the SL below previous swing low for long entry. SL above previous swing high for short entry. If the SL is too big then avoid the trade and ensure risk reward is favorable, i.e. minimum 1:2 is recommended.
Once you're in a trade and you encounter an orange bar with opposite triangle sign then exit the current position else let the trade hit either defined target or SL.
Default settings work best on 1 minute timeframe and has been tested on BTC and ETH, though it works well on forex as well. You can try our different EMA and RSI values for other timeframes. Backtesting for 1 week (all signals between 16th August 2021 and 22nd August 2021 on 1 minute timeframe) on BTC, indicator gave 68% win ratio. There were around 205 trades in the week. Will share details over a YouTube video.
Will strongly recommend paper trading in desired market/asset before executing live trades.
Scalp ProScalp Pro is a scalping tool that uses the MACD mechanism. MACD lines are smoothed using fibonacci numbers and pi numbers. In this way, the noise on the signal is reduced. A " BUY " signal is generated when the lines cross upwards. If the lines cross down, a " SELL " signal is generated. The logic is very simple and the Indicator is very useful.
I wish you many profitable trades.
CRYPTOPRODear traders,
Welcome to CRYPTOPRO indicator. Only for crypto markets! This is an invite only script, please PM me to request permission for testing and access.
This indicator is developed as a scalping, intraday or swingtrade strategy.
Been working on indicators for years now, now back to trading again and made the best possible indicator for different timeframes.
The indicator uses market data, multiple timeframe ma/rsi charts and price action for determining a long or short strategy.
The indicator does not repaint!
I have made the indicator as easy as possible to use with added background colors.
How to use:
- Long strategy: when background turns to green after bar closing.
- Short strategy: when background turns to red after bar closing.
Alerts:
- Alerts are included in the indicator and are very simple to use.
- Alert "buy" for long strategy (green background)
- Alert "sell" for short strategy (red background)
- The alerts can also be used for automated trading/bot trading.
Time Frames :
- Can be used for all different timeframes.
Chart candles:
- Indicator is to be used with standard prince candles.
Note:
- Trading and financial markets are always risky and unpredictable.
- All trades made based on this indicator and his results are always your own responsibility.
- As an author i will not be held responsible for any of your trading profit or loss. Always be cautious when trading.
Charts can be applied to all TV supported crypto charts.
If you find the indicator usefull share your support and feedback in the comments.
Any questions PM me for more info.Thank you!
DISCLAIMER:
No sharing, copying, reselling, or any other forms of use are authorized for our scripts / strategy, and the information published with them.
This script / strategy is strictly for individual use.
This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement.
NYTRADE is not responsible for any losses you may incur. Please trade wisely.
LSMA Wave RiderThe LSMA Wave Rider uses Least Squares Moving Average to make a fast oscillator ideal for scalping lower timeframe charts. Upper and lower bands contract during pullback and expand as it "booms". The perfect entry is the first crossover after bands expand. This is a great tool for entering trades.
The above image shows two examples of perfect entries:
1. The upper and lower bands contract getting tighter as it pulls back.
2. The upper and lower bands then begin to expand as it gets ready to fly.
3. The oscillator crosses over showing entry point.
* Please note that this strategy may not work during major downtrends. *
Oscillator 2 is used to detect diversions. Reduce the number to pick up shorter diversions and increase to 200 to pickup larger diversions.
Order Blocks V2 [MensaTrader]Lines are Strong Support and resistance , Used to help find buy/sell or take profit zones.
When the lines turn green, these prices are suggest good limit entry prices for longs and shorts.
Default settings are left for scalping on short timeframes
Please note that this is experimental and far from perfect. feel free to play about with the variables in the settings.
feel free to comment any suggestions I hope to update this in the near future
The script is written in version 4
CCI45/SMA50 indy for 30 min SP500SPCFD:SPX
The script determines entry points using 45 period CCI and 50 period SMA.
Long condition: When CCI crosses up 150 treshold while price above 50 period SMA
Short condition: When CCI crosses down -150 treshold while price below 50 period SMA
Trades are executed above/below 1 point of high/low for long/short positions. Stops are just 1 point below/above of SMA. After 4 points of profit stops should be tightened. If you do not plan to hold the position for a long time, it can produce quick profit within 5-6 bars namely 2.5-3 hour. Otherwise you can manage the trade using SMA as trailing stop. This can be treated as a strategy of scalping which turns out a trend trading eventually if conditions good.
Have a nice trading
MAC Trader V2.0 [VK]This script is based on a very simple and affective strategy. Usable for scalp, Trend, Swing, positional Trading. Works on all types of markets(Crypto, Stocks, Commodity, Forex, etc) and symbols.
About The Indicator :
The three lines(Grey upper, Red Mid, Grey Lower) moving with the price direction is Moving average channel (MAC) Which is used to determine the Market Direction. Buy/Sell signals are plotted on RSI Oversold/overbought Which is used For Entries. Small Red Line plotted below the Buy/Sell Signals is Stop loss and The Dotted lines in Green, Grey and Red are the take profit lines.
How to use :
Buy When Buy Signal, Sell When Sell Signal (Entry only After Candle Close). Use The red line below/above signals for Stop Loss. Green Red dotted lines to take profit targets, move your stops above/below as targets hits.
Functions :
Moving Average Channel (MAC) For Direction
RSI for entries
ATR for stops
Support/Resistance Lines to Take Profits
Color candles When Price Above/Below MAC
Additional Feature :
Chop Signals for Scalping/continuation/Mid Entries - This feature can be turned on in the indicator settings Which will plot B/S signals for entries.
TIP : Use MAC input 34,48 for low volatile markets (Indices, Gold , etc)
TMA + OSMA Scalping SystemSystem is based on TMA Bands + OSMA + EMA Zone. Signal is generated when:
- price recently touched lower or upper band
- price is crossing EMA Zone
- OSMA is aligned in direction of trade to be taken
Natural Target would be opposite band set by TMA.
[astropark] Altwalker V2Dear Followers,
today I'm happy to share with you Altwalker V2 , an updated version of the former Altwalker for lower timeframes (from 5 minutes to 4 hours).
It is both a Swing and Scalping Strategy indicator , based on a simple trend following theory , mainly designed for Cryptocurrencies, Altcoins and of course Bitcoin.
Here you can see the Altwalker V1:
Based on Moving Average, Altwalker V2 on low timeframes dynamically identifies market resistance and support, so in which trend a cryptocurrency is during time:
green trendline and background means bullish trend , in fact it start with a "buy" signal
red trendline and background means bearish trend , in fact it start with a "sell" signal
if a series of buy and sell appears (this may happen especially in lower timeframes), this means price is in consolidation or distribution phase, so be prepared for a new trending phase coming soon, always remembering that taking profits is awesome and managing your risk by defining you position size and having a stoploss is a must in trading
To help in Taking Profits, Altwalker integrates also 2 special tools besides the trend highlighter:
Overbought and Oversold RSI Signals , which appear both as darker background (the darker the color, the more the price is in overbought/oversold) and green "ob"-"tp" / red "os"-"tp" labels (they optionally pop up only on a configurable stronger overbought/oversold condition) (you can enable/disable it optionally)
Peak Profit Tracker , which resets every time a new trade start and keeps track of price fluctuation during the trade: the message is don't be too much greedy and take profits or lock them with a stoploss in profit (you can enable/disable it optionally)
You can edit many options in order to
enable/disable showing buy/sell signals
enable/disable showing trendline
edit trendline variant (you have 2 options, by default variant 1 is selected)
enable/disable showing trend as background
enable/disable showing RSI TP signals
edit RSI length, overbought (OB) and oversold (OS) levels
enable/disable showing peak profits on each trade
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss (example 150$ from entry on bitcoin ) or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution. It's highly suggested to use a proper money management .
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
Here there are some examples how Altwalker V2 works on many timeframes and markets:
LINK/USDT 1h
XLM/BTC 1h
ETH/BTC 1h
ETH/USDT 1h
COMP/USDT 1h
YFI/USDT 15m
NEO/BTC 5m
VET/USDT 15m
This is a premium indicator , so send me a private message in order to get access to this script .
Ultimate VWAP Bands- Ultimate VWAP Bands is a script that helps to decide and further clarify areas of oversold and overbought conditions.
- For example, when the price is in the lowest band it is extremely oversold relative to the VWAP . Hence it should be considered a good place to buy with a high risk to reward payoff.
- Each band is set at a fixed offset away from the VWAP . The "VWAP Band Multiplier" adjusts this and is a key part of the script. This allows the indicator to be adjusted based on the assets volatility . For example, with Crypto. A multiplier of 1 would be strongly advised. Whilst a multiplier of 0.1-0.25 would be useful for currency pairs.
- This indicator can be used for all manners of trading. However, it is most effective when used for scalping and swing trading.
Multi Time Frame - Trend AnalysisMuti Time Frame - Trend Analysis
How does it work ? Price movements over range of period is to compute the trend forward.
This script used SuperTrend (ST) , ATR and RSI to determine the trend and direction so that a buy sell decision can be made
To Indicate the strength of the trendline , RSI is computed over multiple timeframes and then used to in sync with SuperTrend to help determine the direction
The user can customise the RSI strength validation. So one the Super Trend and ATR Levels are matched , the RSI is validated before giving a BUY/SELL suggestion
Best Time Frames to use : Upto 15/30 Mins if using RSI based logic , user can use higher timeframe if the goal is to identify the trend and the use lower time frame to determine Buy/Sell
Where to use
Trend Indicator using Multi Time Frame Analysis to suggest a long or a short
The main use of this indicator is quick scalping and Intra-day trading.
The Indicator shows the option to show the Trend Zone and Buy/Sell Signals which the use can on or off
How to use
User Choices : To avoid false positives we have introduced a double check using RSI ,
it is defaulted to 60/ 40 - the users are free to change it as per their preferences
The system will not suggest a trade when the the counter in beyond the RSI limits
Stop Loss - That should be done by following ones risk appetite , Ideally the open/close of the previous candle should be the stop loss for the buy/sell
but everyone has their own Risk Management Strategies based on the capital deployed.
Disclaimer : There could be scenarios when the candle is shown as a long or short and then the candle turns into opposite direction red/green .
In such scenarios , Please refer to the just preceding candle and if this candle is moving into positive direction (forming green candle) only then buy ,
Similarly Sell/Short only if this candle is forming a red candle
How to get access
Please click on the link / email in the signature or send me a private message to get access
Feedback
Please click on the link/email in the signature or send me a private message for suggestions/feedbacks
BlueswimmersMinorsBoxV1sloth288Something different to what you usually see in the pine world Part 2
This is an add on to BlueswimmersMajorBoxV1sloth288.
Custom currency screener, to be used with BlueswimmerDoesPine at the same time. to get an idea of whats going on change lookback setting to 0, and go to minute candles.
But in a nutshell.
With lookback being 1, and if currency pair says NEUTRAL LONG, it means last close of candle the long signal happened.
With lookback being 0, and if currency pair says NEUTRAL LONG, it means last candle was neutral and current candle is sitting at long.
If scalping minute candles. Have trading screen split in two, BlueswimmersMajorsBoxV1sloth288 on one side, and BlueswimmerDoesPine on the other. that way when flicking between different charts the indicator does not need to load security data over and over again. This is also the reason why the time frame setting is there, so on the screener it can be just loaded to low time frames, and to double check a trade on the other screen you can zoom out to larger time frames and not reloading data over and over again.
Relative Strength Background [RSB] - Scalping / Intraday / SwingThis script uses Relative Strength Index to display the strength of the trend as a background. The trend can be filtered as there are multiple RSI working synchronously in order to provide the best possible view of the trend and get favourable entry and exits.
Hope This Helps.
mForex - Keltner channel + EMA Scalping systemTransaction setup parameters
Time frame: M5, M15
Currency pair: EUR / USD , GPB / USD
Transaction: London, USA
Number of orders / day: 10 - 15 orders
Trading strategies
=== BUY ===
Candles close on the upper Keltner
EMA10 crosses the upper Keltner range from below
Stop loss in the middle band or up to 12 pips
Profit target: 15-25 pips
=== SELL ===
Candles close below Keltner below
EMA10 crosses the Keltner range below from above
Stop loss in the middle band or up to 12 pips
Profit target: 15-25 pips
mForex - Bollinger Bands - Pinbar scalping systemTransaction setup parameters
Time frame: M5, M15
Currency pair: Any except XAU/USD
Trading strategies
=== BUY ===
Price break out of the lower Bollinger Bands
The Pinbar reversal candlestick appears and closes the candle on the lower Bollinger Bands
Stop loss: Nearest bottom + 3-5 pips
Profit target: 10-20 pips
=== SELL ===
Price break out of the upper Bollinger Bands
The Pinbar reversal candle appeared and closed below the upper
Stop loss: Nearest peak + 3-5 pips
Profit target: 10-20 pips
* If you have any questions or suggestions for this strategy, feel free to ask us.
MTF TZ-CXThis is a Beta version of Trend Indicator using Multi Time Frame Analysis to suggest a long or a short
the main use of this indicator is quick scalping and Intra-day trading.
The Indicator shows the option to show the Trend Zone and Buy/Sell Signals which the use can on or off
Also to avoid false positives we have introduced a double check using RSI,
it is defaulted to 60/30 - the users are free to change it as per their preferences
The system will not suggest a trade when the the counter in inside the RSI limits
Stop Loss - That should be done by following ones risk appetite , Ideally the open/close of the previous candle should be the stop loss for the buy/sell
but everyone has their own Risk Management Strategies based on the capital deployed.
Disclaimer : There could be scenarios when the candle is shown as a long or short and then the candle turns into opposite direction red/green .
In such scenarios , Please refer to the just preceding candle and if this candle is moving into positive direction (forming green candle) only then buy ,
Similarly Sell/Short only if this candle is forming a red candle
Dragonfly Doji with DMI and Volume FiltersA Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It's formed when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up.
The study enhances standard Dragonfly Doji accuracy by clearing out market noises and manipulations from the indicator's triggers. Specially selected values of Directional Movement Index (DMI) components detect only strong signals while RSI bands indicator is used to find the safiest signals' closure moments.
The indicator can be applied to trading pairs with USD, USDT, ETH and BTC quote currencies. It is better to check the recent performance on each particular trading pair before apply it. The Indicator supports spot, futures and marginal trading exchanges. The best performance is obtained while using at 15m timeframe and for scalping signals
Advantages of this indicator:
1. Weak signals and market noises are filtered. This allows to receive only strong and confirmed alerts
2. The indicator includes both
Study with built-in custom alerts to use with your own software through web hook connection.
Strategy with configurable risk management settings (order size, commission, take profit, stop loss and trailing). This provides you opportunity of direct broker connection and allows to conduct backtests before applying the strategy to real account
How to use?
Long signals:
1. Apply indicator to the trading pair your are interested in at 15m timeframe chart
2. Once conditions are met price action candle will be colored yellow and DD label will be drawn. Place a long position and wait. The
3. Once price action breaks RSI resistance band, retraces and closes below the band the signal is finished and the position should be closed
Automatic strategy:
When conditions of long or short position from the strategy are met the script opens position.
Strategy.exit closes the position once risk management settings are met.
Strategy.close closes the position once RSI band rejection is confirmed
If you want to obtain access to the indicator please send us a personal message
If you want to obtain access to the indicator please send us a personal message or leave a comment
Universal Scalping BOT (USB) - With AlertsThis Study Is based on
• RSI
• Moving Average
• Candlestick price action and
• Bulls Bears calculation.
This Study is Also has alerts inbuilt.
Alerts are for:
• Buy Active
• Buy Profit Achieved
• Buy Loss Hit
• Sell Active
• Sell Profit Achieved
• Sell Loss Hit
How to trade ?
• When Green big Up triangle Comes, Buy that time and book profit at red small circle and book loss at yellow down small triangle.
• When Red big Down triangle Comes, Sell that time and book profit at green small circle and book loss at yellow up small triangle.
► Options Available In Setting:
To Show / Hide :
• Target Line
• Stop-Loss Line
• Define Trading Sessions
► Trailing SL is calculated on candle stick price action and not on Average True Range.
Test Yourself and give feedback.
PM us to obtain access.