MNQ 5m Scalp Master

Key Features of This MNQ Scalping Indicator

Multi-Layered Signal Confirmation
This indicator combines six confirmation layers: choppiness filter (trending markets only), RSI momentum crossovers, MACD trend strength, EMA alignment, volume confirmation through OBV, and price position relative to VWAP.

Choppiness Filter
The indicator only generates signals when the Choppiness Index is below 60, ensuring you trade only during trending or mildly trending market conditions rather than choppy, sideways markets.

Momentum-Based Entry System
Long signals require fast RSI above slow RSI with RSI above 50, MACD line above signal line and above zero, EMAs in bullish alignment, OBV above its EMA, and price above VWAP. Short signals use the inverse conditions.

ATR-Based Risk Management
The indicator displays current ATR values and includes ATR multiplier settings for systematic stop-loss and profit target calculations at 1.5x ATR, following professional scalping risk management protocols.

Visual Trade Confirmation
Background colors indicate market state (green for bullish trending, red for bearish trending, gray for choppy), while clear entry and exit signals are marked with triangles and crosses respectively.

Real-Time Market Dashboard
The indicator includes a real-time table showing choppiness index, RSI values, ATR, trend state, and market condition to help you make informed decisions without emotional interference.

This systematic approach addresses your emotional trading challenges by providing clear, objective entry and exit criteria based on multiple confirming factors, specifically optimized for MNQ's volatility patterns and 5-minute scalping requirements.