OPEN-SOURCE SCRIPT
Scalper Overlay with RSI Bars & Key Levels
This is a comprehensive technical analysis overlay indicator called "Scalper Overlay with RSI Bars & Key Levels".
It combines several powerful trading tools and patterns in one indicator:
1. Moving Averages System:
- Plots four Smoothed Moving Averages (SMMA) at 20, 50, 100, and 200 periods
- Includes a 2-period EMA with trend filling (green when trending up, red when trending down)
2. RSI Integration:
- Features a 14-period RSI implementation
- Displays colored candles based on RSI levels (green above 70, red below 30)
- Includes toggle options for RSI candle visibility and color customization
3. Pattern Recognition:
- Three Line Strike patterns (both bullish and bearish)
- Three White Soldiers and Three Black Crows patterns
- Harami patterns (bullish and bearish)
- Engulfing candle patterns (labeled as "Big A$$ Candles")
4. Trading Session Tools:
- Customizable trading session visualization
- Timezone selection (multiple options from Sydney to Chicago)
- Flexible session time settings
- Day-of-week session filtering
- Background highlighting for active trading sessions
This indicator is particularly useful for scalpers and day traders who want to:
- Identify trend direction using multiple timeframe analysis
- Spot potential reversal patterns
- Monitor trading sessions
- Track momentum using RSI
- Identify strong candlestick patterns
The indicator offers extensive customization options through its inputs, allowing traders to show/hide various components and adjust colors and parameters to their preferences.
It combines several powerful trading tools and patterns in one indicator:
1. Moving Averages System:
- Plots four Smoothed Moving Averages (SMMA) at 20, 50, 100, and 200 periods
- Includes a 2-period EMA with trend filling (green when trending up, red when trending down)
2. RSI Integration:
- Features a 14-period RSI implementation
- Displays colored candles based on RSI levels (green above 70, red below 30)
- Includes toggle options for RSI candle visibility and color customization
3. Pattern Recognition:
- Three Line Strike patterns (both bullish and bearish)
- Three White Soldiers and Three Black Crows patterns
- Harami patterns (bullish and bearish)
- Engulfing candle patterns (labeled as "Big A$$ Candles")
4. Trading Session Tools:
- Customizable trading session visualization
- Timezone selection (multiple options from Sydney to Chicago)
- Flexible session time settings
- Day-of-week session filtering
- Background highlighting for active trading sessions
This indicator is particularly useful for scalpers and day traders who want to:
- Identify trend direction using multiple timeframe analysis
- Spot potential reversal patterns
- Monitor trading sessions
- Track momentum using RSI
- Identify strong candlestick patterns
The indicator offers extensive customization options through its inputs, allowing traders to show/hide various components and adjust colors and parameters to their preferences.
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.