Intraday Pivot Highs & Lows (Asia London NY)Intraday Pivot Highs & Lows (Asia London NY)
Script Description
This TradingView indicator is optimized for Forex, scalping, intraday, and day trading strategies. It accurately plots Pivot Points and levels, high/low, support and resistance levels. These are clearly identified to aid the trader during killzone sessions and session opens. Ideal for scalp trading, intraday sessions, and leveraging SMT (Smart Money Techniques). Utilize these Price Levels effectively during London Open, NY Open, and the Asia Session, utilizing Market Structure to pinpoint key levels and reversal zones for successful trading. Improve your Trade Setups, recognize reliable Chart Patterns, identify critical Price Pivots, and trade confidently off Institutional Levels.
This script marks the intraday pivot highs, lows and midpoints retracement levels for
Asia
London
New York
It also plots the previous day's high, low, midpoint, and 0.618 Fibonacci retracement levels, providing traders with critical price reference points for making intraday trading decisions.
Originality & Usefulness
This indicator uniquely integrates pivot calculations across three major Forex sessions (Asia, London, NY), clearly delineating session boundaries.
It enhances visibility by using distinct styling
solid for New York
dashed for London
dotted lines for Asia
And colour co-ordinated labeling, improving traders' ability to identify important intraday price action zones efficiently. Unlike standard pivot indicators, this script emphasizes session-specific trading dynamics.
### Key Features ###
Session-Based Levels: Automatically plots high, low, midpoint, and Fibonacci (.618) levels for each major session (Asia, London, NY).
Distinct Visual Cues: Lines and labels use session-specific styles and colors to easily differentiate between sessions.
Previous Day Reference: Clearly plots and labels yesterday's high, low, midpoint, and Fibonacci levels.
Flexible Visibility: Traders can set timeframe visibility to maintain clean charts on higher timeframes.
### How It Works
At the start of next day's session, previous session lines are cleared, ensuring the chart remains uncluttered.
High, low, midpoint, and Fibonacci retracement levels (.618) are dynamically calculated and displayed at the close of each session.
All session levels remain visible until the start of the next respective session, providing continuous actionable insights.
Trading Application:
Session highs and lows act as strong intraday support and resistance zones.
Midpoints and Fibonacci levels are effective for identifying potential reversal zones and retracements.
Daily levels provide a broader context, useful for gauging intraday volatility and range.
### Limitations and Considerations ##
Best used on liquid assets with clear session-based price action, such as Forex major pairs, if used on indexes make sure they contain 24 hour price action not just New York session.
This indicator is designed to streamline intraday trading by clearly marking essential pivot points and session-based levels, significantly improving traders' market context and decision-making accuracy. Can be used to enhance SMT decision making when scalping killzones.
Komut dosyalarını "scalping" için ara
MAN | Gold Sniper Pro – 5Min Reversal EngineThis advanced scalping indicator is designed for high-precision entries and exits on the 5-minute timeframe, combining price action, volume analytics, and momentum filtering.
🔍 Core Features:
Price Action Engine: Detects powerful bullish and bearish engulfing patterns, enhanced with ATR-based body size filters to avoid weak signals.
Dynamic Support/Resistance Zones: Automatically tracks recent high/low zones to confirm trade validity and prevent chasing trades.
Smart RSI Filter: Filters trades based on momentum to avoid buying overbought or selling oversold conditions.
Volume Spike + OBV Filter: Confirms entries with strong volume spikes and OBV (On-Balance Volume) alignment, improving signal quality.
Time-based Session Filter: Optional filter to restrict signals to high-liquidity market hours (configurable).
Auto TP/SL Levels: Calculates Take Profit and Stop Loss dynamically using ATR multipliers, with customizable multipliers per timeframe.
Clear Entry Labels + Optional TP/SL Lines: Visual labels for each signal, with the option to show SL/TP as horizontal lines for precision monitoring.
Real-time Alerts: Set alerts for BUY and SELL conditions — stay informed and trade instantly.
📈 Recommended Usage:
Optimized for Gold (XAUUSD) on the 5-minute chart, but configurable for any fast-moving asset.
Ideal for scalpers and intraday traders seeking high-quality, low-latency entries with built-in protection mechanisms.
Works well in trending or range-bound conditions, thanks to volume and price action synergy.
⚙️ Customizable Parameters:
RSI length & thresholds
ATR-based SL/TP multipliers
Volume spike threshold
Session window
TP/SL visibility toggle
🟢 Built by traders, for traders.
Sharpen your edge with this smart, visual, and momentum-aware scalping tool.
ScalpSwing Pro SetupScript Overview
This script is a multi-tool setup designed for both scalping (1m–5m) and swing trading (1H–4H–Daily). It combines the power of trend-following , momentum , and mean-reversion tools:
What’s Included in the Script
1. EMA Indicators (20, 50, 200)
- EMA 20 (blue) : Short-term trend
- EMA 50 (orange) : Medium-term trend
- EMA 200 (red) : Long-term trend
- Use:
- EMA 20 crossing above 50 → bullish trend
- EMA 20 crossing below 50 → bearish trend
- Price above 200 EMA = uptrend bias
2. VWAP (Volume Weighted Average Price)
- Shows the average price weighted by volume
- Best used in intraday (1m to 15m timeframes)
- Use:
- Price bouncing from VWAP = reversion trade
- Price far from VWAP = likely pullback incoming
3. RSI (14) + Key Levels
- Shows momentum and overbought/oversold zones
- Levels:
- 70 = Overbought (potential sell)
- 30 = Oversold (potential buy)
- 50 = Trend confirmation
- Use:
- RSI 30–50 in uptrend = dip buying zone
- RSI 70–50 in downtrend = pullback selling zone
4. MACD Crossovers
- Standard MACD with histogram & cross alerts
- Shows trend momentum shifts
- Green triangle = Bullish MACD crossover
- Red triangle = Bearish MACD crossover
- Use:
- Confirm swing trades with MACD crossover
- Combine with RSI divergence
5. Buy & Sell Signal Logic
BUY SIGNAL triggers when:
- EMA 20 crosses above EMA 50
- RSI is between 50 and 70 (momentum bullish, not overbought)
SELL SIGNAL triggers when:
- EMA 20 crosses below EMA 50
- RSI is between 30 and 50 (bearish momentum, not oversold)
These signals appear as:
- BUY : Green label below the candle
- SELL : Red label above the candle
How to Trade with It
For Scalping (1m–5m) :
- Focus on EMA crosses near VWAP
- Confirm with RSI between 50–70 (buy) or 50–30 (sell)
- Use MACD triangle as added confluence
For Swing (1H–4H–Daily) :
- Look for EMA 20–50 cross + price above EMA 200
- Confirm trend with MACD and RSI
- Trade breakout or pullback depending on structure
Ivan Gomes StrategyIG Signals+ - Ivan Gomes Strategy
This script is designed for scalping and binary options trading, generating buy and sell signals at the beginning of each candle. Although it is mainly optimized for short-term operations, it can also be used for medium and long-term strategies with appropriate adjustments.
How It Works
• The indicator provides buy or sell signals at the start of the candle, based on a statistical probability of candle patterns, depending on the timeframe.
• It is essential to enter the trade immediately after the signal appears and exit at the end of the same candle.
• If the first operation results in a loss (Loss), the script will send another trade signal at the start of the next candle. However, if the first trade results in a win (Gain), no new signal will be generated.
• The signals follow cycles of 3 candles, regardless of the timeframe. However, if a Doji candle appears, the cycle is interrupted, and no signals will be generated until the next valid cycle starts.
• The strategy consists of up to two trades per cycle: if the first trade is not successful, the second trade serves as an additional attempt to recover.
Key Points to Consider
1. Avoid trading in sideways markets – If price levels do not fluctuate significantly, the accuracy of the signals may decrease.
2. Trade in the direction of the trend – Using Ichimoku clouds or other trend indicators can help confirm trend direction and improve signal reliability. If the market is in an uptrend (bullish trend) and the indicator generates a sell signal, the most prudent decision would be to wait for a buy signal that aligns with the main trend. The same applies to downtrends, where buy signals may be riskier.
These decisions should be based on chart reading and supported by other technical analysis tools, such as support and resistance levels, which indicate zones where price might face obstacles or reverse direction. Additionally, Fibonacci retracement levels can help identify possible pullback points within a trend. Moving averages are also useful for visualizing the general market direction and confirming whether an indicator signal aligns with the overall price structure. Combining these tools can increase trade accuracy and prevent unnecessary trades against the main trend, reducing risks.
3. Works based on probability statistics – The algorithm analyzes candle formations and their statistical probabilities depending on the timeframe to optimize trade entries.
4. Best suited for scalping and binary options – This strategy performs best in 1-minute and 5-minute timeframes, allowing for multiple trades throughout the day.
Technical Details
• The script detects the candle cycle and assigns an index to each candle to identify patterns and possible reversals.
• It recognizes reference candles, stores their colors, and compares them with subsequent candles to determine if a signal should be triggered.
• Doji candle rules are implemented to avoid false signals in indecisive market conditions. When a Doji appears, the script does not generate signals for that cycle.
• The indicator displays visual alerts and notifications, ensuring fast execution of trades.
Disclaimer
The IG Signals+ indicator was created to assist traders who struggle to analyze the market by providing objective trade signals. However, no strategy is foolproof, and this script does not guarantee profits.
Trading involves significant financial risk, and users should test it in a demo account before trading with real money. Proper risk management is crucial for long-term success.
kurd fx Dynamic EMA StrategyDynamic EMA Strategy Explanation
This TradingView Pine Script indicator, "Dynamic EMA Strategy," is designed to plot Exponential Moving Averages (EMAs) dynamically based on the selected timeframe. It adjusts the EMA periods depending on whether the trader is scalping, swing trading, or position trading.
Functionality
1. Defining EMA Periods Based on Timeframe
The script determines appropriate EMA values based on the selected chart timeframe:
Scalping (1m, 3m, 5m)
Uses EMA 9, EMA 21, and EMA 50 for fast-moving market conditions.
Swing Trading (15m, 30m, 45m)
Uses EMA 50 and EMA 100, suitable for medium-term trend identification.
EMA 3 is disabled (na) in this mode.
Position Trading (1H and higher)
Uses EMA 100 and EMA 200 to identify long-term trends.
EMA 3 is disabled (na) in this mode.
2. EMA Calculation
The script calculates EMA values dynamically:
emaLine1 = ta.ema(close, ema1): Computes the first EMA.
emaLine2 = ta.ema(close, ema2): Computes the second EMA.
emaLine3 = not na(ema3) ? ta.ema(close, ema3) : na: Computes the third EMA only if applicable.
3. Plotting the EMAs
The script overlays the EMAs on the chart:
Blue Line (EMA 1) → Represents the fastest EMA.
Orange Line (EMA 2) → Represents the medium EMA.
Red Line (EMA 3) → Represents the slowest EMA (if applicable).
Each EMA is plotted using plot() with a specific color, linewidth of 2, and plot.style_line for a clean visualization.
Use Case
Scalpers can identify short-term momentum changes.
Swing traders can detect medium-term trends.
Position traders can spot long-term market trends.
This strategy helps traders adjust their EMA settings dynamically without manually changing them for different timeframes.
Pro ScalperOverview
The Pro Scalper indicator is a powerful day trading tool designed specifically for the 30-minute timeframe, catering to stock and cryptocurrency markets. It provides traders with buy and sell signals, dynamic overbought/oversold zones, and reversal signal indicators. By combining a Kalman-adapted Supertrend calculation for buy and sell signals, and VWMA bands to determine overbought/oversold zones, this indicator aims to assist traders in identifying potential trading opportunities for scalping and day trading strategies using trend-following and mean-reverting methods. This combination of Kalman Filtering with an adapted Supertrend seeks to mitigate false signals, filter out market noise, and aims to provide traders with more reliable buy and sell indications.
Features
Buy and Sell Signals: Pro Scalper generates buy and sell signals based on a Kalman-adapted Supertrend calculation. These signals help traders identify potential entry and exit points in the market.
Dynamic Overbought/Oversold Zones: The indicator dynamically calculates overbought and oversold zones using VWMA bands. These zones provide valuable insights into potential price exhaustion levels, aiding traders in managing risk and identifying potential reversals.
Reversal Signals (R Labels): The indicator includes "R" labels that indicate potential reversal signals. These signals are based on the overbought/oversold zones calculated with VWMA bands. The appearance of an "R" label suggests a possible price reversal, offering traders an additional tool for decision-making.
Calculations
This indicator stands out as a unique tool due to unique Kalman filtering and altered Supertrend calculation, as well as its combination of specific features. This indicator combines the following calculations to provide its features:
Kalman Filter: The indicator employs a Kalman Filter to adapt the Supertrend calculation. This calculation was based on mathematical equations derived from Rudolf E. Kalman. This Kalman Filter helps smooth out price data, reducing noise and removing outliers from data.
Supertrend Calculation: This particular supertrend possesses alterations to price series data and ATR calculations in an aim to improve signal accuracy. Additionally, the calculation uses Kalman-filtering within the calculation to provide a powerful framework to handle uncertainties, noise, and changing conditions.
VWMA Bands: VWMA (Volume-Weighted Moving Average) bands are calculated using the highest high and lowest low values with specified multipliers. These bands are used to determine the dynamic overbought and oversold zones, giving traders insights into potential price exhaustion levels. These are included with the aim to adapt to changing market conditions and price data. This adaptability allows the zones to accurately reflect the current price volatility and trend.
Utility
This tool provides traders with valuable information for scalping and day trading strategies in the 30-minute timeframe. It helps traders by:
Generating buy and sell signals, indicating potential entry and exit points.
Calculating dynamic overbought/oversold zones, enabling traders to identify potential price exhaustion levels.
Displaying "R" labels to highlight potential reversal signals.
Offering optional alerts for reversal signals, buy/sell signals, allowing traders to stay updated even when they're not actively monitoring the charts.
Remember, past performance does not guarantee future performance. Traders should utilize this indicator as part of a comprehensive trading strategy and exercise their own judgment when making trading decisions.
Scot Signal IndicatorThe Scot Signal Indicator is intended as a Scalping Resource. It was designed to work best on the ❗❗ 5 MINUTE CHART with Bitcoin ❗❗ / USD & USDT pairs.
🟡🔼🔽 Yellow Triangles : these are pre-signals. If the triangle is Pointing Down, then look for a possible Short to come, and vice-versa for Upward facing triangles will go Long.
* Be careful, this is a Canary in the Coal Mine, but not the full signal. Going purely on the triangle as a signal could lead to fake-outs more frequently.
🟩 🟥 Green & Red Boxes : these are "Long" & "Short" signals where the indicator feels the time is safe to enter a trade.
❗ EXITING THE TRADE ❗ : this is a scalping indicator, specifically meant for entering trades, NOT EXITING them. An ideal scalp is $100 - $200 Bitcoin move. Though, we run bots using this indicator, taking scalps as little
as $60, performing up to 8 trades a day.
Signals Pirate™ ScalperSignalsPirate™ Scalper has been created specifically for asset scalping to help improve your short term trading by accurately identifying ‘Buy’ and ‘Sell’ opportunities!
The simplicity of this package ensures traders of all levels of expertise can utilise this tool and experience its benefits to the fullest. The only variable that alters the tools performance is the ‘Scalp Length’ option, which dictates how frequently scalping signals are identified. A value of 10 will result in more selective and less frequent signals, whereas a value of 1 will print ‘Buy’ and ‘Sell’ signals more often.
This tool has been formed using a number of trend reversal indicators, such as the RSI and Stochastics to identify overbought and oversold conditions. As well as these it incorporates crucial pivot points to identify potential support & resistance levels where scalp opportunities will have the highest chance of being successful. Combining these means when price is extremely oversold across a multitude of indicators while sitting at a pivot point support level, a ‘Buy Scalp’ label is created – and vice versa for ‘Sell Scalp’ signals.
The default settings are the best settings we’ve found so far but you can change them to build your own unique trading strategy. We’d recommend experimenting with these values to find the best results for the asset you are trading, and your own personal trading style.
Direction for use:
1. Use on any asset class and time frame, preferably on a lower timeframe (15min or less).
2. Fine tune the ‘Scalp Length’.
3. Enter a long position once a ‘Buy Scalp’ label is created, and close the position once a ‘Sell Scalp’ label is created. For short positions enter once a ‘Sell Scalp’ label is created and close once a ‘Buy Scalp’ label is created.
We hope you love this package, and it takes your trading and investing to the next level. Please let us know if you have any questions or queries regarding the logic behind the bundle, or if you have any suggestions for improvements etc. We love your feedback and are constantly striving to continuously improve!
NSDT Fracking CryptoThis indicator is part of our Fracking series of indicators and is specifically designed for scalping Crypto. It looks for a particular price action pattern/sequence then displays levels and a label on the chart to show a potential entry, target, and stop based on that analysis. Basically enter long through the green zones and short through the red zones. The target levels are not guaranteed to be hit, but are a good guide with high potential. Pivot Point levels were added for additional confirmation of potential key levels.
Trading is risking and you can lose money. Trade at your own discretion and risk. This indicator is only providing potential scalping zones based on recent price action.
Day Trading SPYThis script can be used to see a potential trend change, ride a trend and to scalp following the current trend.
Indicators:
- ATR (bright green/maroon) – is a longer term trend ATR line
- MA (green/red) - is a shorter term MA, where the fast MA is dotted and the long MA is a line
- Support and Resistance (white bold line) – long-term support and resistance areas
- Scalping signals (red/green) – small triangles above/below the candles bouncing off fast MA
- Black candles - oversized huge candles, which must be addressed carefully, especially when these candles change the trend per ATR, as with such huge candle – it is hard to determine where to place the stop-loss (if it is above/below the candle, since the candle is so big - it becomes a big risk). Also such candles may point to an unusual market moves. The size can be adjusted from 0.1 and up, it’s set to 1.4 by default, but it can be changed as needed. With such candles, it is best to wait and see what market does. If the black candle is following the ATR trend or changing the trend per ATR – wait for next 1-3 candles or so, usually those re-bounce in the opposite direction of the ATR trend, which allows you to open the position with a tighter stop-loss.
- Olive and Maroon candles – overbought and oversold candles per RSI (80/15 default) levels. At this levels just watch out for a potential soon reversal. Keep in mind, price may continue going oversold/overbought for a while, so look for additional confirmations.
1) ATR (long-term trend): The flag “Buy” and “Sell” signals (can set Alerts), which happens when the price is crossing through ATR line, marking a potential trend change. If ATR matches MA and ideally there is a breakout - open position in the direction of the signal and use the ATR line as your initial hard stop-loss until you reach the first price target / take first profit. It is best to use the most recent high/low pivot or a Fibonacci extension for the first price target. Once you take it – move SL to entry to secure the profits. If the trend continues and you take the next price target, you can use the fastMA (dotted line) as your dynamic stop-loss to ride the trend. Use the bold white line (long-term support and resistance) where price may certainly reverse where you can close your position completely if you day-trading Options.
2) MA (scalping): The small green and red triangles below/above the bars (can set Alerts), which appear when the price “touches” the fast MA (dotted line) and re-bounces from it with the candle matching the direction (bullish/bearish). Make sure ATR and MA are both going in the same direction for best results. This can be used to scalp for small profits or to jump into the trend. To minimize the risk, since you are jumping into the trend, I suggest placing your stop-loss slightly above/below the candle (the one which bounced off the fast MA). Price targets are similar – most recent high/low pivot or a Fibonacci extension. Same way, once you take the first profit/reach the first price target, move SL to entry and on the next price target – use the fast MA as your dynamic stop-loss.
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 x4 contracts
- Sell ½ of the position at first price target and move my SL to entry
- Sell ½ of the remaining position at a second price target
- Sell the rest of the position at the third price target or sell ½ of it and use the fast MA as my dynamic stop-loss for the remaining of the position
Also, keep an eye on the breakouts, especially if they go along the ATR and MA trend and keep an eye on the volume, which may help confirming the direction of the price.
Vgnomics ScalperVGNOMICS Scalper is a tool to help you find great scalping opportunities. There is great variety of ways to use this indicator to get amazing results. The VGNOMICS Scalper is a new trading indicator that can be used in any market. The technique we combine with this indicator is easy to learn and apply to your trades, but practice makes perfect. This indicator is based on a mathematical calculation that always occurs, no matter which time-frame, market, asset, option, stock or crypto.
How does it work?
The script determines whether we have a bullish or bearish trend based on a combination of price action and moving averages.
When the price crosses this trend, a buy or sell signal is placed (green or red arrow). The indicator will then draw 5 colored dots extended with 5 colored lines. Every line or dot represents a possible entry / exit position. These values are chosen based of a mathematical formula on the previous price movements.
The distance between the red en the black line is calculated from the price action from the current and previous candle.
If there was a big price movement, the distance between the black and the red line will be much greater than when the price action is much smaller.
The distance between the blue and the black line is always the same distance as the distance between the red and the black line.
The yellow line will always represent the high or the low, depending on whether there's a short or a long signal.
These lines tend to be key levels between which the price will bounce.
There are many ways to use and interpret these levels.
How to trade with this indicator?
We have allot of different strategies that can be implemented for this indicator.
But we will explain 3 working strategies that work for us.
Scalp trading is one of the most profitable forms of trading. They can lead to very high profits but are very hard to achieve. In this tutorial we will show you how the VGNOMICS Scalper indicator can assist you with locating great scalp opportunities.
The tutorial below is just one example of how this indicator can be used. Every line represents a key price level at which scalping opportunities can take place.
Strategy 1
Long position:
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Long position)
7) Take profit at the orange line. (Exit)
8) Yellow line (entry) gets respected most of the time.
Short position:
1) A red arrow at the bottom of the screen indicates a potential short position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a short position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Short position)
7) Take profit at the orange line. (Exit)
This strategy does not include a stoploss. It's up to you to implement this indicator in your own strategy. Stoploss orders could be placed at the lines (Key price levels) below / above your entry.
For example:
The stoploss order could have been placed on the black line, or alternatively, we could have placed a second long order on the black line and exit at the yellow line while we place a stoploss order on the blue line. (see strategy 2)
The price tends to swing between these key levels and can be used in various ways.
Strategy 2
Long position (same strategy for short postion but for a red arrow):
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the yellow line. (Entry)
5) Place a take profit order at the orange line. (Exit)
6) Order is filled. (Long position)
7) Price did not reach our profit target orange line. (Exit)
8) Place a second limit order with the same size for a long position at the black line. (Entry)
9) Order is filled. (Long position)
10) Place a take profit order at the yellow line. (Exit)
11) Take profit at the yellow line and break even order for the first position. (Exit)
Strategy 3
Long position (same strategy for short postion but for a red arrow):
1) A green arrow at the bottom of the screen indicates a potential long position.
2) Wait for the candle to close. (The signal is only confirmed when the candle closes)
3) Candle closed.
4) Place a limit order for a long position at the black line. (Entry)
5) Order is filled. (Long position)
6) Place take profit orders at the yellow/orange/red line. (Exit)
7) Take profit. (Exit)
You want to use this indicator?
Go to the VGNOMICS website.
Trade Central 2-Bars ScalperTrade Central 2-Bar Scalper is a scalping signal indicator based on short term price action using candlesticks. If 2 consecutive green candles form which are less than the max bar length defined in settings then indicator gives a buy signal. Similarly, if 2 consecutive red candles form then it gives a sell signal. It sounds very simple but it is a very powerful and popular scalping method. Along with the signal, you should pay attention to the candle formations, e.g. if there is a buy signal but you see a significant wick on top of signal candles then you may want to avoid that signal. Same for short.
Indicator shows bars in 3 colors - Green, Red and White. Signal candles, i.e. long and short, are green and red respectively. 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: 3 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 .
For SL, we will use fixed profit and SL targets. For BTC, we recommend setting 100 points SL and 50 points target. That's a risk-to-reward of 1:0.5 which may look very bad, but the success rate of this strategy is very high (>70%) hence you would still be profitable. You can also try with 1:1 risk-to-reward ratio and that too should work fine though we haven't backtested it.
Default settings work best on 3 minute timeframe and has been tested on BTC. If you're applying the indicator on something else then ensure that you update the length as per security price you plan to trade. Will share backtested data and detailed explanation over a YouTube video.
Will strongly recommend paper trading in desired market/asset before executing live trades.
Moving Average and PerformanceThis indicator combines several tools that are used daily for analysis:
The performance of the action we are seeing.
The percentage of retracement the stock has made from its all time high.
Possibility of using up to four exponential or simple moving averages in the length we want.
It allows to see or not the levels of four moving averages in daily temporality.
This indicator is unique since it allows you to see in real time the performance of the Stock or ETF that is being analyzed, which allows you to make a timely decision for short, medium or long-term investments.
If you are doing scalping, swing, or intraday trading, you can see the retracement it has made from the ATH (3, 5, 10 or 13%) which can become Supports or Resistances where the price can rebound, Likewise, the levels of the moving averages in 1D temporality can be observed at the same time, which are usually dynamic supports or resistances and it can also be observed in the same temporality of the chart four moving averages that the trader can configure in the length that you deem convenient to improve your analysis and make decisions as quickly as possible.
Este indicador es único ya que permite ver en tiempo real el rendimiento de la Acción o ETF que se está analizando, lo cual permite tomar una decisión oportuna para las inversiones a corto, mediano o largo plazo.
Si se está haciendo trading tipo scalping, swing, o intradía, se puede observar el retroceso que ha hecho desde el ATH (3, 5, 10 o 13%) el cual puede convertirse en Soportes o Resistencias en donde el precio puede hacer rebotes, así mismo se pueden estar observando al mismo tiempo los niveles de las medias móviles en temporalidad de 1D, los cuales usualmente son Soportes o resistencias dinámicas y también se puede observar en la misma temporalidad del gráfico cuatro medias móviles que el trader puede configurar en la longitud que crea conveniente para mejorar su análisis y tomar decisiones lo más rápido posible.
Swing or scalping GOLD [RickAtwood] Swing or scalping - automatically determine the currently active trends. Various moving averages are used. It is also designed for any type of trader from scalping to swing.
The key 3 moving averages are designed to identify support and resistance. If the price bounces off them, boldly open and place a stop of 10-20 pips(currency pairs)
Functional
buy ---> green candles
sell ----> red candles
There are alerts for buy and sell based on crossovers
If the price is above the cloud then buy. If the price is below the cloud then sell. The main thing is to open deals only at the very beginning when the price starts to leave the cloud. Also, your stops will be minimal.
When testing this system, we opened 750 trades manually. Success rate of 71% for currency pairs and for gold
P.s If you have any questions about how to open, how to close deals. Always write to me, I will help you) Success to all.
Breakout & Trend & Scalping (Expo)
Breakout, Trend, Scalping (Expo) gives insights about trend direction, trend strength, trend breakouts, and scalping impulses. The indicator is for traders that easily want to catch true breakouts, find reversals and retracements, and want to be able to gauge the trend strength. The indicator has various input sources: ATR (Default), VWAP, RSI, Average Trend and comes with Breakout Signals , Start of Trend Signals , and Take Profit Signals .
The unique gradient-coloring is used to identify impulses as well as to gauge the trend strength. The Trend Strength is also measured using the value of the BTS line.
Real-Time Alerts
No Repainting
Works on any market and in any timeframe
HOW TO USE
Identify True Breakouts
Identify Trend Strength
Identify Retracements and Reversals
Identify Trend Impulses
Identify Divergences
INDICATOR IN ACTION
5 min chart
Three different modes are displayed on the chart below. ATR Trend, VWAP Trend, and Trend Breakout.
I hope you find this indicator useful , and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments!
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/strategies/ideas are only for educational purposes!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
BINANCE:YFIUSDTPERP Fee FinderUtilizes common maker/taker fees that traders pay on Binance to create scalping price levels.
Options to configure are changing the colors.
The determinant factor in setting the price levels is a custom built 33 minute derivation of price.
This is able to be done with YFI specifically because the MM on it knows you are using x50. If you decide to use x50, this clearly shows that:
You need to catch the absolute top or bottom for scalping for maximizing profit with regards to fees
BNB for fee reductions for trading is essential
Price action is not directional; it is not choppy; it is an algorithm that is able to execute at <1 second intervals to take your money
Zeta ScalperWhat is Scalping?
Scalping is a trading strategy aimed at profiting from quick momentum in a volatile index or stock.
Traders who use such strategies place anywhere from 10 to a few hundred trades in a single day.
The idea behind such type of trading is that small moves in an index or stock price are much easier to capture than the larger moves.
Traders who use such strategies are known as scalpers. When you take many small profits a number of times, say 10 points scalped 20 times per day, they can easily add up to large gains.
An Option Buyer's Biggest Enemy is Time Decay and when you scalp, you do not allow the time decay to eat your Option Premium as your Entry and Exit is often quick enough.
What is Zeta Scalper?
Zeta Scalper indicator is a momentum based indicator which tries to detect momentum based upon a number of Candle Stick Patterns.
When it thinks a move has the potential to turn into a big move, it generated its Buy/Sell Signals.
It is a well known fact that actual drivers of the market are Big Institutions, Mutual Funds & Big Guys with deep pockets.
They have large amounts of money to invest and they buy & sell in bulk.
When they buy, often their objective is to buy at lower levels (below average price of the day) & when they sell they sell at higher levels (above average price of the day).
Zeta Scalper seeks to detect this activity. When aggressive buying or selling starts where Buying & Selling Forces become unequal, the Price starts moving in one direction with candles making Higher Highs or Lower Lows.
Zeta Scalper detects these Higher Highs or Lower Lows and generates Buy or Sell signals when this happens.
In order to use this indicator, simply deploy this on your chart, and wait for Buy/Sell signals.
It works on all time frames including 1 min. 3min. 5min. & 10min. etc.
When a Buy Signal is followed by Sell signal (let it be after 3 - 4 candles or after many candles) or vice-versa, you have to switch your position to make most of the reverse move.
It is a general purpose indicator and may be used on stocks, commodities and currencies alike and is not meant for any specific market.
How to Take Buy/Sell Entry with Zeta Scalper?
Whenever you see a Buy Signal, mark its closing price with a horizontal line and as soon as a candle breaks this candle's High, it is time for you to take Entry.
Your STOP LOSS could be just 0.5% below your Entry Price, hence, no big loss even if things go wrong.
Keep moving your STOP LOSS up as the price moves in your favour and when market turns around and you see a SELL signal, it is time to book your BUY position profit and take Entry on SELL Side now and so on.
How to get this indicator?
This is invite-only indicator. Get in touch with us using information given below in Signature field to try this tool FREE.
[astropark] Auto Fibonacci Retracement ExtensionDear followers,
today a new analysis tool for day trading, scalping and swing trading: Automatic Fibonacci Retracements and Extensions drawer!
It works on every timeframe and market, as it simply draws automatically most important fibonacci levels on the chart.
Based on the analysis window set (default 100 bars, but you can edit it as you like), it finds recent high and low and start drawing the following levels:
recent high and low (black)
golden retracement range: 0.5 * 0.618 * 0.705 fibonacci retracements (gold)
fibonacci extensions range above 1: 1.272 * 1.424 * 1.618 * 2.618 * 4.236 (blue)
fibonacci extensions range below 0: -0.238 * -0.618 * -0.706 * -1(fuchsia)
Whenever the indicator finds a new high or a new low, al fibonacci levels are re-draw automatically.
The indicator will let you:
change analysis window
enable displaying labels related to current fibonacci levels and/or prices
change colors
show/hide each specific level
How to use the indicator?
Basically, all techniques which apply to fibonacci tool are valid here too.
After a big move up or down, a new high or low is created and a retracement is expected: if trend is strong, retracement to golden ration 0.618 will be a perfect spot for buy or sell respectively in order to continue riding the trend.
In general a bounce is always expected when price hit 0.618 retracement , good to know for scalping traders, while swing trades will continue holding the trade for higher profits.
If the golden retracement range (0.5 - 0.705) is broken and then retested from the other side, a continuation move is expected towards previous high/low (fib level 1) and even more towards the fibonacci extensions range above 1 (1.618 - 2.618 - 4.236).
If the base of bounce and trend continuation on golden retracement range, traders can expect
price to hit again previous high/low and
if trend is strong, a consolidation near the previous high/low range (conditions that are respectively bullish and bearish)
do a further continuation towards -0.618 fib level range
Traders must always understand that
the higher the timeframe, the stronger is the meaning and so the reaction when a specific fibonacci level is hit
don't trade blindly, try to find confluences to have an higher chance to be in a winning trade in near future
money and risk management are very important, so manage your position size and always have a stop loss in your trades
As said, this indicators work on every timeframe and in all markets (Crypto currencies, stocks, FOREX, indexes, commodities). Here some examples:
BTCUSDT 1D: after a long run, a retracement is expected and a bounce at 0.618 golden level is more than obvious: perfect short (sell) entry
BTCUSDT 1D: again as previous example, after a long run, a retracement is expected as well as price's bounces back above
EURUSD 1h: lots of info here, directly in the chart below:
bounces on 0.618 golden zone
double top
price breaks 0.618 level and retests it from below targeting previous low
double bottom and bounce back towards golden zone
bearish consolidation at recent low and further decline towards 1.618 fib extension
AMZN 1h stock: lots of info here too, directly in the chart below:
new high is print, price retrace to golden zone
bounces on 0.618 golden zone
price breaks 0.618 level and retests it from below targeting previous low
double bottom and bounce back towards golden zone
rejection at golden zone, price falling targeting previous low again and probably 1.618 fib extension
price breaks hard previous low and hits fib extension range below recent low
price retraces back up towards new golden retracement range
golden retracement range is broken and used as support: targets are previous high and 1.618 extension
once 1.618 extension level is broken and retested successfully as support, price moves towards 2.618 fibonacci extension level
SPY (SPX500) index: lots of info in the chart
interesting to note that March 2020 huge dump can be totally mapped as a series of fibonacci level bounces, so you understand the importance of riding a trend now, right?
after the low was formed, price retraced perfectly to golden ration 0.618
each time price hit a golden level/range, it retraces creating double top and double bottom configurations too
In the chart below we can see the power of the double bottom at golden retracement level: targets are previous high and -0.618 fibonacci extension level
XAUUSD 15m: as we are in a lower timeframe, the default analysis windows has been reduced to 50.
What can we see here:
golden retracement and price is rejected towards previous low
golden retracement hit and price bounces back lower
new high is formed: golden retracement hit and price bounces back higher
price break previous high and hits fibonacci extensions -0.618 and -1
price continues rising forming a regular bearish divergence with RSI
once uptrend is broken, price falls dramatically
first target is 0.618 retracement level, where you see a very small retracement due to strength of sellers
second target is previous low, which is broken and retested many time from below (bearish retest)
third target is fibonacci extension range (in this case 1.414 is almost hit)
as an hidden bullish divergence with RSI was created, price goes back up
This is a premium indicator , so send me a private message in order to get access to this script.
Confluence of Indicators and Signals v1 skvWhy this script
This script will display the buy or sell signals received from indicators, super trend, adx, rsi, macd, sma, and floor pivots along with some tweaked calculations and fixed numbers. This is useful for beginners who want to study the signals and timing to practice. This script is created for educational purpose and can be used for intraday scalping with 5 minutes time frame only after the signals are understood clearly.
How to use
Strong Buy - when series of buy/long signals generated by indicators, bright green up arrow indicates momentum/strength
Strong Sell - when series of sell/short signals generated by indicators, bright orange down arrow indicates momentum/strength
Exits - use the pivot lines, or the RSI-LX, SX exit signals. Also combine with Bollinger Bands to understand the exit points.
Look for reversals at pivot resistance and support.
Disclaimer
1. Only for educational purpose
2. Intraday scalping strategies only and on 5 min timeframe
3. Do paper trade before using any information for actual trading
4. Not swing or positional trade
L2 Candle Pattern ScalperLevel: 2
Background
Japanese candlesticks provide more detailed and accurate information about price movements compared to bar charts. They provide a graphical representation of the supply and demand behind the price promotions for each period. Each candlestick contains a central part that indicates the distance between the opening and closing of the security being traded, the area called the body.
Scalping is a trading strategy that aims to take advantage of minor changes in the stock price. Traders using this strategy place anywhere from 10 to a few hundred trades in a single day with the belief that small moves in the stock price are easier to catch than large ones. Traders who implement this strategy are known as scalpers. Lots of small wins can easily lead to big wins if a strict exit strategy is used to prevent big losses.
Function
L2 Candle Pattern Scalper utilizes candle pattern to decide long and short entry signal. It use inherent candles' relationship nearby to judge the market trend is up or down and decide to long or short.
Signal
buysmall --> long entry
exitred --> short entry
Pros and Cons
Pros:
1. its response is fast because OHLC candle is the raw source of market
2. it is suitable for scalping because it studies nearby candles to judge very short term trend change
Cons:
1. Mid-long term change is missing from this indicator, although I use fast and slow lines to indicate the mid-term trend.
2. No stop loss or take profit scheme is introduced.
Remarks
This is promising but need efforts to refine it.
Readme
In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.
The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.
Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.
Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.
Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.
Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.
Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
Scalper [SystemAlpha]This is a scalping tool designed for a two pane chart layout.
Includes:
- EMAs
- Price Action Channel
- Bar Color based on PAC, Impulse and TTM
- Pivot HL - Price, Shape, Text
- Pivot Extensions
- Dynamic Support Resistance
Reference:
- Scalping Swing Trading Tool R1-4 by JustUncle
- Support Resistance - Dynamic by LonesomeTheBlue
YSG Scalper V2Ysg Scalper
A powerful scalping indicator that generates multiple buy and sell signals with a good amount of accuracy
How does it work?
As we all know the markets/scripts are not always in trending, many times it moves in a tight range, ysg scalping indicator helps you in identifying the trading opportunities by giving you trading zones and non-trading zones by paining the candles in three different colors Red, Yellow, and Green. When the candles are red it means the script is in the selling zone and when the candles are green the script is in the buying zone, when the candles in yellow it means the script is in no trading zone.
How to trade?
Trading with ysg scalper is very easy as it gives two zones called the trading zone and non-trading zone. If the candles are green or red the script is in trading zone and if the candles are yellow the script is in the non-trading zone.
Buy: when the candles change color to green wait for the first arrow and enter the trade after closing of the candle.
Sell: when the candles change color to red wait for the first arrow and enter the trade after closing of the candle.
What markets does it work best?
Works on indices, forex, and high beta stocks.
What's the best time frame to use?
3mins or 5mins (for forex and commodities)
How to get access?
Please click on the link in the signature or send me a private message to get access.
Binary Superscalping System by Hashtag_binaryBinary Superscalping Systyemis a trend momentum strategy designed for scalping and trading with binary options. This trading system is very accurate with the 80% profitable trades.
- Markets: Forex (EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, NZF/USD, USD/JPY,) Indicies (S&P500, Dow Jones, DAX, FTSE100) and Gold.
- Time Frame 5 min, 15min, 30min.
- Expiry Time (4-6 candles).
Buy Call or Buy:
- Trend CCI (170) crossed the zero line upwards (green bar >0);
- Entry CCI (34) crosses upward the zero line ;
- RSI (Relative Strength Index) indicator value is greater than 55 level;
- Heiken Ashi Smoothed indicator is color blue (optional).
Buy Put or Sell
- Trend CCI (170) crossed the zero line downwards (red bar <0);
- Entry CCI (34) crosses downward the zero line ;
- RSI indicator value is lower than 45 level;
- Heiken Ashi Smoothed indicator is color red (optiona).
Exit position for Scalping options:
- Entry CCI (34) crosses in opposite direction trend CCI (170),
- Profit Target:5 min time frame 7-10 pips, 15 min time frame (9-14 pips), 30 min time frame (15- 18 pips).
- Make Profit at fibopivot levels.
- Initial stop loss on the previous swing.
