MACD Scalping Strategy

MACD Scalping Strategy Overview
This MACD-based scalping strategy is designed for high-probability trades using momentum and trend confirmation. It incorporates the MACD crossover, 200 EMA filter, and ATR-based stop loss & take profit to optimize scalping efficiency.
Entry Conditions
✅ Buy Entry (Long Position):

MACD Line (5,32,5) crosses above Signal Line (Bullish momentum).
Price is above the 200 EMA (Uptrend confirmation).
Candle turns Green, and a "BUY" label appears.
✅ Sell Entry (Short Position):

MACD Line (5,32,5) crosses below Signal Line (Bearish momentum).
Price is below the 200 EMA (Downtrend confirmation).
Candle turns Red, and a "SELL" label appears.

Exit Strategy (Risk Management)
ATR-Based Stop Loss & Take Profit:
Stop Loss: Set at 1.5x ATR.
Take Profit: Set at 3x ATR (Risk-Reward Ratio of 1:3).

Strategy Features
🔹 Buy/Sell Indicators: Clear BUY (Green) & SELL (Red) labels.
🔹 Candle Color Change: Candles change to green on buys, red on sells, gray for neutral.
🔹 200 EMA Filter: Prevents counter-trend trades.
🔹 Alerts for Trade Signals: Get notified when a trade setup occurs.