Ross GPT - Momentum Scalp 1mThis strategy is a long-only momentum scalping system designed for the 1-minute timeframe, combining VWAP, EMA trend alignment, MACD momentum, volume confirmation, and session filtering to identify high-probability intraday entries for pre-market session and U.S small cap stocks with high % change compared to previous day. Apply only for stock price between $2-$20.
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1️⃣ Date Range Filter
The strategy trades only within a user-defined date range.
• Default range: Feb 1, 2026 – Dec 31, 2069
• Trades are ignored outside this period
• Useful for controlled backtesting and forward testing
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2️⃣ Indicators Used
VWAP
• Used as a trend and mean-reversion filter
• Only long trades are allowed when price is above VWAP
MACD (12, 26, 9)
• Momentum confirmation
• Entry requires MACD line > Signal line
• Exit is triggered if MACD crosses below Signal
Exponential Moving Averages
• EMA 9
• EMA 20
• EMA 50
• EMA 200 (visual reference)
Trend Bias Requirement
• Bullish alignment:
• EMA 9 > EMA 20 > EMA 50
Volume Strength (Price Action Proxy)
• Counts bullish candles over the last 5 bars
• Entry requires at least 3 green candles
• Used as a confirmation of buying pressure
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3️⃣ Session Filter
Trades are allowed only during a specific intraday session:
• 06:59 – 09:00 (exchange time)
• Designed to focus on high-liquidity morning momentum
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4️⃣ Entry Conditions (Long Only)
A buy signal is generated when all of the following are true:
• Price is above VWAP
• MACD line is above Signal line
• EMA alignment confirms bullish trend
• Bullish candle count condition is met
• Current bar is within the allowed session
• Current bar is within the selected date range
• No existing open position
Only one position at a time is allowed.
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5️⃣ Trade Execution
• Market entry when all conditions align
• Fixed position sizing (default: 500 units)
• Commission and slippage are included for realism
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6️⃣ Exit Logic
Primary Exit (Bracket Order)
• Take Profit: +0.25
• Stop Loss: -0.10
• Managed using strategy.exit for intra-bar accuracy
Indicator-Based Exit
• If MACD crosses below the Signal line, the position is closed immediately at market
This dual exit system allows both quick scalps and early momentum failure exits.
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7️⃣ Visual Aids
The strategy plots all key indicators used in decision-making:
• EMA 9, 20, 50, 200
• VWAP
This allows easy visual verification of entries and exits directly on the chart.
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⚠️ Notes
• Designed for scalping and short-duration trades
• Best suited for high-liquidity instruments
• Results may vary depending on symbol, spread, and market conditions
• This script is for educational and research purposes only
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