VIX Reversal Scalper by Trend Friend - Stocks OnlyVIX REVERSAL SCALPER BY TREND FRIEND - STOCKS ONLY
This indicator is built for scalping, but can be used for swing trades by adjusting the signal settings to a higher number.
This indicator is meant for stocks with a lot of price action and volatility, so for best results, use it on charts that move similar to the S&P 500 or other similar charts.
This indicator uses real time data from the stock market overall, so it should only be used on stocks and will only give a few signals during after hours. It does work ok for crypto, but will not give signals when the US stock market is closed.
**HOW TO USE**
When the VIX Volatility Index trend changes direction, it will give a bull or bear signal on the chart depending on which way the VIX is now trending. Follow these when price is near support/resistance or fibonacci levels.
For more signals with earlier entries, go into settings and reduce the number. 10-100 is best for scalping. For less signals with later entries, change the number to a higher value. Use 100-500 for swing trades. Can go higher for long swing trades.
***MARKETS***
This indicator should only be used on the US stock markets as signals are given based on the VIX volatility index which measures volatility of the US Stock Markets.
***TIMEFRAMES***
This indicator works on all time frames.
**NOTE**
Repainting does happen but it is seldom. If I get enough requests to remove repainting I will, but since it is built for early entries, preventing it from repainting will make the signals show up later than normal.
Due to various factors, this indicator might not give exit signals every time it should, so be sure to watch the price action for entries/exits and don't rely solely on this indicator.
**INVERSE CHARTS**
If you are using this on an inverse ETF and the signals are showing backwards, please comment with what chart it is and I will configure the indicator to give the correct signals. I have included over 50 inverse ETFs into the code to show the correct signals on inverse charts, but I'm sure there are some that I have missed so feel free to let me know and I will update the script with the requested tickers.
***TIPS***
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Directional Movement Index, Volume Profile, Auto Support And Resistance and Money Flow Index in combination with this Vix Reversal Scalper. They all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Scalping
Venky's Scalping Signals This indicator developed specifically for the use of scalping trading.
This is combination of Most powerful indicators available in the market
1. Central Pivot Range
2. Moving Average
3. Average True Range
All the above indicators are available independently, but as per my experience combination of all these will be very good support for scalping.
How to trade this setup.
Moving Average: Look for only Long trades when market is above 200 EMA and vice versa.
4 Types of EMA can be added, Standard values kept as 8, 20, 50 & 200 for identifying scalping entry
Enjoy the ride till price does not close below/upper of EMA 8.
20 EMA can be used in trending market to re-enter a trade when price takes support or rejection from 20 EMA near an important pivot zone.
Central Pivot Range: This will indicate the immediate support and resistance zones, and we can fix our entry and exit accordingly.
Available timeframes (change in inputs tab): Daily-D, Weekly -W, Monthly -M
Change from Standard Pivots / Camarilla Pivots is possible
Tomorrow pivot is added to give a framework to plan trades to carry over for the next day.
Average True Range: This indicates the market direction and look for Long trades while the market is trading above ATR curve.
if there is a signal at important Pivot points, it can prove to be a high probability trade.
For best results and trending move, if all the signals are in the same direction, it will have a most trending move on the day.
This indicator works on all time frame, but be sure that all the 3 signals are in the same direction before entering the trade.
For Long Entry
Best Time Frame = 4 Mins
ATR Line should be Green
Price to be above ATR Line
Market should be above 200 & 50 Moving Average (If from bottom 200, 50, 20 & 8 then it will excellent most probable profitable entry)
Buy signals (Yellow Up arrow mark) appears, Immediately enter the market, or you can wait for candle close.
Exit when Exit signal (Yellow Down Arrow mark).
Stop Loss - Normally entry candle low, and you can trail stop loss for every next candle low.
For short Entry
Best Time Frame = 4 Mins
ATR Line Should be Red
Price to be below ATR Line
Market should be below 200 & 50 Moving Average (If From Top 200, 50, 20 & 8 then it will excellent most probable profitable entry)
Sell Signals (Yellow Down Arrow Mark) appears, Immediately enter the market, or you can wait for candle close.
Exit when Exit signal (Yellow Up Arrow Mark).
Stop Loss - Normally entry candle low, and you can trail stop loss for every next candle low.
Trading psychology is important, if market above 200 Moving average, look for only Long Trades.
If market below 200 Moving average, look for only Short Trades.
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!
Market Maker Indicator V2 [tecnocrypto]This indicator is based on the idea that prices are generated by the interaction between a Market Maker on one side (sometimes also called the "Composite Man") and Retail Traders on the other side (Retail Traders include simple retail, professional traders, whales, institutions...as a single entity). These two opposite entities "play" the trading game on trading platforms/exchanges (crypto), which are neutral to the game.
Market makers are liquidity providers, and make profits either by charging a spread between buy and sell prices, and (also) by trapping retail traders into specific positions.
Trading is a "zero sum" game in the sense that it generates a transfer of resources between these two specific players, which are indeed the Market Maker and Retail Traders. If Retail Traders are in profit, Market Maker is (temporarily) in loss, and viceversa. Market Maker goal is to squeeze profits out of Retail Traders, by inducing them to take wrong positions.
The Market Maker Method Indicator executes the following:
1) Identifies and plots candles that are generated by the Market Maker's moves (called "Shift Candles"); shift candles are "artificial" price/volumes moves, generated to induce retail traders into specific zones which are, essentially, traps. They are called Shift Candles as they generate abnormal (and mostly unexpected) price movements in either direction. They move the price from one zone to the next to execute the Market Maker strategy. Observe how often sudden (apparent) prices increases are followed by price crashes (stop hunt rise, drop); and observe how often sudden (apparent) price collapses are followed by price uptrends (stop hunt low, rise); sometimes these movements are made in progressive steps (generally, 3).
2) Plots open long/open short alerts based on the assumption that when Market Maker plots upwards shift candles, vivid green color, they are preparing for an upcoming price reversal (down); same, but opposite sign, for downwards shift candles. This is a counterintuitive logic for Retail Traders, that generally open long when price is rising, and open shorts when price is falling - jumping into Market Makers traps.
3) Plots the areas where price is expected to return (upwards or downwards) based on previous shift candles (called "Recovery Zones")
You can use this indicator on any timeframe and for any asset.
The Market Maker indicator V2 provides long / short entry signals based upon the market maker manipulative moves described above.
Long alerts are triggered by manipulative price push-downs by the marker maker, which will be followed by price increases (while price was decreasing, market maker was purchasing from retail). Additional factors are taken into consideration to plot long entry signals, , mainly volume build up and mean reversion, around this basic concept.
Short alerts are triggered by manipulative price push-ups by the marker maker, which will be followed by price drops (while price was increasing, market maker was selling to retail). Additional factors are taken into consideration to plot short entry signals, mainly volume build up and mean reversion, around this basic concept.
The indicator is based on the Traders Reality indicator, but improved with alerts, that can be used with trading bots, and additional possibilities to customize the behavior of the indicator.
A strategy associated with this indicator is also available.
Best results on the 1H timeframe.
Contact me for further info.
Fx Crusher Scalping Indicator V1█ OVERVIEW
Scalping Indicator with Buy and Sell Signals for the 15 min and 5 min Chart. Works on all assets (Crypto, Forex, Stocks, Indices, Commodities and Metals)
Only use in trending markets. Signals in a ranging market are useless.
This Scalping Indicator is different from others because most of the Buy/ Sell signals actually make sense. No counter trend trading and most signals can be very profitable when used right.The single most important goal was to have an indicator that shows signals with a big possible risk reward ratio. Most false signals are filtered out. The Fx Crusher Scalping Indicator is not perfect but it is amazing. You can customize the indicator to get the highest signal quality.
█ HOW DOES IT WORK?
The indicator determines the trend direction by using 3 different smoothed moving averages. A green background shows an uptrend and a red background shows a downtrend.
The strength of the trend is determined by the slope of the individual SMMAs. You can set the slope of every single SMMA for buys and sells individually.
The indicator only shows signals when there is a clear trend on the current timeframe.
Entry signals are generated by a combination of Williams fractals, SMMA crossover, trend angle and RSI condition.
█ HOW TO USE?
Draw Support & Resistance lines on the 4H Chart
Determine the overall trend on the 1H Timeframe
Go to the 15 min or 5 min Time Frame and have a look at the signals
Adjust the slope of every single SMMA in 0.01 steps until the signals look good
Adjust the RSI settings for overbought and oversold condition if necessary
Only enter a trade after the candle that prints a signal is closed.
Only take buy positions when all SMMAs are going up and don’t touch each other
Only take sell positions when all SMMAs are going down and don’t touch each other
Only use this Scalping Indicator with proper Risk management and a risk reward ratio of around 1:2.
Trail your stop to get the most pips out of the signals. Very often the indicator shows signals right before major moves.
█ ADDITIONAL INFO
Be careful with buy signals when the market on the higher timeframe (4H and 1H) is in a downtrend and vice versa.
You can make the most profit out of this Indicator when you enter with 2 positions. A quick scalp and a runner. Because there's a lot of signals with huge risk reward ratios but also some unprofitable signals . Therefore make sure you make the best out of the good signals and apply proper risk management to limit losses with bad signals. Stop loss placement according to market structure.
Multiple Signals in a row can show a high probability of a very strong upcoming move. Monitor your trades and secure partials to make the best out of it.
You can select how many signals it is going to show once trend conditions are met. Please be aware that the longer a trend goes, the higher is the probability of a reversal. Therefore the first few signals after all conditions are met are most likely the most profitable.
By setting the slope of the slow SMMA correctly you can filter out most signals in a ranging market.
█ DISCLAIMER
This is not financial advice. I do everything I can to provide the most accurate buy and sell signals for scalping but past results are no guarantee for future performance.
FUTURES ScalpV2 PROTECHFUTURES ScalpV2 PROTECH system
This indicator is built specifically for fast trading i.e. scalping/intraday in the commodity market or futures market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, and FIBONACCI.
Rebuild of Instrument & Parameter
This indicator is also an upgraded instrument that is sourced from the previous indicator, the COMPLETELY FCPO INDICATOR.
This R&D of course to make trading activities more effective, dynamic and to increase the confidence of traders in current trading activities. The indicator has been upgraded in terms of parameters as well as additional instruments. Among them are;
1. ATR Trailing Stop
2. Exponential Moving Average – fastMA/slowMA Length
3. Label@Entry Price/Stoploss/Takeprofit line
>The best timeframe is 3 minutes
>The take profit and stop loss rates are based on percentages. However
traders can change the percentage rate according to their respective
trading plans.
>existing percentage rates have been set(build-in) specifically for the FCPO
market. So you have to reset for other markets.
>The candle/bars have been colored to make it easier for traders to see price
trends whether in bullish or bearish conditions.
The original instrument has been retained but changed in terms of display & facelift features.
The original indicator (COMPLETELY FCPO INDICATOR) still remains in use and can used together. Hopefully with the combination of these indicators will make traders more successful in trading activities, especially in the futures market.
DISCLAIMER;
ALL NOTES AND INDICATING TOOLS ARE FOR EDUCATIONAL ONLY AND AS A FACILITATOR AND PREPARATION IN TRADING ACTIVITIES. ADMIN IS NOT RESPONSIBLE FOR ANY RISKS IN YOUR TRADING ACTIVITIES. TAKE AT YOUR OWN RISK.
FunTrader/Aieyee @2022
BreathEasy TrendLine Scalping - Pro Dear Traders,
Trendlines are the one particular word ever trader would definitely know what it is. But the way it gets applied on to the chart is the one thing which needs to debated on. Traders definitely love to trade Trendline breaks like the way I do.
When it comes to Trendlines , we generally categorize them based on the Major Trendline and Minor Trendline, however concept of Breakout or Breakdown of trendline wouldn’t change whether it’s a Major or Minor Trendline. Trendline is by nature powerful and prices do respect the same. In order to add more power, I have combined the Trendlines with Fibonacci to time the entries correctly.
What you can expect from this Indicator?
This indicator is mainly designed to work on the lower time frames (Intraday Indicator), between 1 minute TF to 5-minute TF or max 10 minute.
It is necessary that you use this indicator on a highly liquid instruments such that calculations are smooth. since, price gaps may affect the accuracy of the results.
Script detects & plots Trendlines, based on the Pivot Points found on the chart and helps you take trading decisions wisely.
What is the scope or idea behind developing this indicator?
1. Its majorly build to identify the Trendline breaks (Break Out and Break Down)
2. Identify, Trend line False Break.
3. Identify the possible consolidation zone and intimate about the Consolidation Break
4. Peak Buying | Selling Possibility when Prices does cross levels based on the fib ratios.
Couple of Additional info | Points to Understand | Point of Comfort zone
1. Provides Alerts when the event happens such as (Important Trendline has Broken, Consolidation zone is broken etc.) and places a dummy entry indication that Indicator took a trade with the SL and Target if any.
Note: All the entries plotted by this indicator are just DUMMY for your educational purpose only. you may seek support from your financial advisor before placing similar trades in real market.
2. Indicator Can constantly notify you on ever time SL is updated, if necessary to keep you aware of. I have adopted volatility-based SL such that, if prices move too quick and too far SL also will move quick and gives enough room for the price to play its role. If the prices tend to go flat SL acts flat. It can also help you lock in some profits when your PNL reaches certain level either by price or by percentage. (All options are customizable)
3. It also takes HTF information wherever necessary if the indicator needs some additional confirmations like Trendline zone in higher timeframe or fib level in HTF zone. You can certainly advice indicator to direct which HTF to use.
4. If the Script need Volume confirmation there are possible options provided for you to direct the indicator to refer the volume source. Like if you are trading BNF you may direct the volume source to its related futures
5. Options are provided to customize to Qty and Lot and based on the suggested option it plots dummy entries with suggested Qty to trade with.
6. You may set the Max loss level for each of the trade which you would like to risk so that Indicator detects the setups which are in close proximity to that level. It so happens it detects setup with max loss level of 7K and due to price fluctuations dummy entry may lose bit more than what was capped.
There are many additional options | information’s | suitable Notifications via Alerts provided. To give you enough information for your trading decisions along with Dummy Trades info.
IMPORTANT POINT TO CONSIDER:
REPAINTING : I use the word “real time data” in my indicator tooltip in conjunction and help you understand what indicator does. By this you can understand the impacts of the same.
I strongly recommend you read the tooltips in order to understand the indicator better.
Enjoy!
DISCLAIMER : No sharing, copying, reselling, modifying, or any other forms of use are authorized for our documents, script / strategy, and the information published with them. This informational planning script / strategy is strictly for individual use and educational purposes only. This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement. I am not responsible for any losses you may incur. Please invest wisely.
Happy to receive suggestions and feedback in order to improve the performance of the indicator better.
Imbalance Identifier With Target BoxTarget Area to help me with my target area for visual reference
Imbalance Identifier - Helps me to see where the trade may come back to
EMA on 1 Minute Time frame for helping to identify Direction to take trades in
I primarily use this as a tool to help me identify very short term direction for scalping small target area (Adjustable)
Preset for the main 28 Forex Pairs, US30,US100,US500 Dax40 and Gold on the 1 Minute timeframe
CF - KAMI KAMI EMA-HMA-VWMA SCALPERThis is your dark knight, your shining light in the crypto darkness... It's you and me against the machine..... rage, rage against the dying of the night!
This my greedy minions is the ticket..... the disruptive technology, the red pill, that breaks the Matrix.... get ready to join the revolution.
DESCRIPTION:
Lowest green/red line
The lowest alternating green red band is simply a general market indicator. It's EMA 50 over 200. This is a generally good indicator of current market conditions. If the band is red, you should favor taking short positions. If the band is green, long positions.
The three MA colored bands
This sophisticated indicator uses 3 central MA's in calculating its goodness. The HMA (Hull's Moving Average), at the bottom (of the three principal bands), is the most sensitive and responsive to immediate market conditions. It will generally give you the signal to enter or exit at the beginning of the price action move. But, this could also be a "false" signal - that doesn't continue in the expected direction.
The middle band is VWMA, volume-weighted moving average, and it is sensitive to volume - so it may turn green or red faster as volume increases or decreases. It gives somewhat similar signals to the top moving average which is the EMA or exponential moving average.
The GREEN RED signals
The signals below the bands which are true green and true red are "SUPER" signals which represent that all of the six small bands of each MA agree. These are very strong signals to enter and exit a position. If multiple SUPER signals agree this is even more confirmation.
SETTINGS
You can change the ema signals. They are currently optimized for scalping, but this indicator can work for larger timeframes.
I couldn't make this open-source as it represents a lot of work to get it to this point. If you are interested in this indicator and would like to have a custom version coded for your purposes, let me know.
NazhoThis is a simple scalping strategy that works for all time frames... I have only tested it on FOREX
It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA .
If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.
The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
+SuperTrend
TrendLineScalping-BasicDear Traders,
Here is the thought which came to my mind on the trendline break scalping. sometimes during the trade we do plot trendlines and we do anticipate for the line to break and take a trade. with the same thing in mind I had created this basic script to help you and other to create based on the logic used in the script.
This is just a logic based script and doesn't do any kind of wonders. Hence you may use it as necessary.
Regards....
Swing ComparatorHere I bring you an array of methods to compare the swings and consistency between assets.
This indicator is excellent for swing traders and scalpers looking to maximize their profits by examining which of two closely related pairs provides greater price fluctuation during given period.
This indicator works against two assets, which are to be configured in settings.
This indicator has 5 particular plots for you to examine, each which can be considered for you to contemplate which pair for you to next perform a trade on.
First off, let's start with the blue.
The blue is simply a pearson correlation coefficient, thankfully now included in tradingview. This provides a value of 1 as values show to be close correlation, 0 showing no correlation, and -1 showing negative correlation - meaning an increase in one pair correlates to a decrease in another pair. This will turn green when greater than 0.975, showing a very strong relationship between the two pairs, and red when below -0.975. This is the only plot to be interpreted on a scale from -1 to +1.
Next, we have the purple and yellow background plots, followed by the white and green moving averages. Though similar, these are all slightly different.
For each of these 4 plots, a value greater than 0 indicates greater price swings for your Symbol #1, while a value less than 0 indicates greater price swings for Symbol #2.
These calculations are performed on a per bar basis, meaning you're likely going to be examining bars longer than what you'll normally be trading on. Use confluence, as well as your own judgement for this.
For example, if symbol #1 provides a bar with an open value 1% greater or less than close, providing a 1% swing on a given bar, but symbol #2 provides 2%, the indicator will fall down toward the negative, as Symbol #2 had the greater swing.
First, yellow focuses on only open/close bar values, and thus the body of the candlestick.
Purple, on the other hand, focuses on the wicks of the candle - thus, the high/low values. I've opted to make these two different values as a wick focuses on the embodiment within the time period, and body focuses on the open/close instant.
Next, the green is an extended EMA of the purple - High/Low ratio. This is important to examine trend overtime, and reduce unneeded noise.
Lastly, the white is simply difference in the standard deviation of the particular bars, between the two symbols you have selected. The tends to usually tie up with the green pretty well.
Considering this is going to by nature be very noisy datasets, I have included in settings the option to extend an EMA for everything. They have their default settings, but if you'd like to examine the trend without an EMA, feel free to set it to 1 to eliminate its effects.
I have additionally added the ability to introduce clipping, as well as scale the correlation coefficient to remain visible when examining very short term time scales. In the future, I hope to properly normalize all plots to remain within a -1 to +1 basis. Please be patient as I have multiple projects ongoing.
Suggestions and constructive criticism are very well encouraged.
Anyone is welcome to utilize this in their code, as well, i just ask you provide credit.
As you reduce to time frames less than a day, you will likely have to reduce the coefficient min/max closer to 0.025, or just hide it entirely.
TODO:
Make it look better. Sorry, folks.
Introduce latency between pairs.
Examine significance of a coefficient of determination
Remove static weights and introduce z-score and linear normalization.
Consider adding room for a 3rd pair. This could get ugly, however.
Day Trade Scalping - Optimal Trade Entrance IndicatorThis script can be used to day trade SPY ( S&P ), Forex Currencies, Stocks, Bitcoin and pretty much anything out there. It was extensively tested trading live on 15minute timeframe with great results, it can be used with other timeframes as well.
Indicators:
- Regular Signals (red/green) – trade signal arrows, includes alerts
- Risky Signals (orange/olive) – trade signal arrows, includes alerts
- Optimal Trade Entrance Area - target at where to enter the trade with minimal risk and maximum profit
As the signals explained, there are regular and risky signals, which are calculated per different algorithms. Based on the test run, risky signals will appear less and be more risky, but usually spot longer bigger runs!
The original idea of the script is to provide the trader with an Optimal Trade Entrance Area to reduce the risk and maximize the profit. After you receive a signal/alert, wait for the price to re-trace to the Optimal Trade Entrance Area line, which will be shown on the chart. If the price does not reverse - it's best to not open a position. (Remember that the best trade is – no trade!).
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 x3 contracts
- Sell 1/3 of the position at first price target and move my SL to entry
- Sell 1/3 of the remaining position at a second price target
- Sell the rest of the position at the third price target or scale out slowly if the trend is still strong
Also, keep an eye on the breakouts, especially if they go along the script signals as with breakouts, there is a good potential for a bigger move.
Stochastic + Keltner Channels for ScalpingSimple arrow indicator, indicating the direction go the next slight movement. This indicator will work on any time frame or market.
How does this indicator work?
It will use Stochastic and Keltner Channels to detect potential reversals depending on the frequency you choose in the indicator's settings. The higher the frequency, the fewer candles will be used in the calculation.
When to use this indicator?
It will work better in higher time frames for low volatility indicators. You can mix with other indicators like RSI or ADX. This way, you will be able to check if the time selected frame has enough volatility to move the price enough to cover the spreads and fees of your broker.
When to exit the trade after the signal from this indicator?
A good target would be for 1x ATR value and stop-loss 2x the ATR value. Doing trailing stop will reduce your risk and secure some profits, but make sure to use values for possible fakeouts
Can this indicator be used alone as the main source of entry signal for the trades?
You can use it alone, but I recommend mixing with other trend-based indicators, like Moving Averages, so you get the best results. Since it's for scalping purposes, small moments, and reversals, it doesn't have the trend filter, but it can work trading in favor of a significant trend as well
this is a better version of my other script Scalping Arrows
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.
Agressive ScalperThis indicator I thought after a while of research and decided to code for people that wants to scalp on low time frames. It's recommended to use it in 1 to 5 min timeframes. It uses ATR, Past high and lows and stochastic overbought and oversold zones along with some consolidation code to avoid fast swings. I also added Take Profit and Stop Loss signals based on slow ATR values. I may add more features later on if people find it useful.
Scalping IchimokuBased on the Ichimoku Cloud indicator, the Scalping Ichimoku is a strategy applied in a simple form.
How the strategy works?
The indicator will watch two filters from the Ichimoku Cloud indicator. The first one is when the price crosses the cloud (over or under). The second filter is when the conversion line crosses the baseline (over or under). When both filters happen, no matter the order or when the indicator will print an arrow signal.
Buy Signal
A buy signal, or arrow up, will appear when the price crosses over the cloud and when the conversion line crosses over the baseline.
Sell Signal
A sell signal, or arrow down, will appear when the price crosses under the cloud and the conversion line crosses under the baseline.
Exit Points
Show Exit Spots enabled. The indicator will print possible exit spots for the last entry, based on the cross from conversion with baseline. In case the cross is against the latest entry signal, it will show an "X"
One Signal At Time
The indicator will print only one signal in a single direction. It will never print the same signal as the last signal
Exit and Entry Spot At The Same Candle
In the chart, when the entry spot and an exit spot appear in the same candle, the exit spot will appear with a different color. This means that the entry spot is more accurate.
This strategy was designed for scalping, no matter the time frame or market, but it may work for swing traders as well.
Scalper's Paradise Tool For NQThis powerful scalping tool was specifically designed for NQ and MNQ. Scalper's Paradise adds buy and sell signals to the chart using a proprietary blend of confluence trading principals that are incredibly accurate. Many of the settings can be customized for uses on higher time-frames and different markets. Along with the buy and sell signals, this indicator offers weakness signaling (seen as dots on the chart), along with potential exit points marked as 'EX' on the chart over a diamond shape.
How To Use:
This indicator is designed for intra-day scalping. When a buy or sell signal is marked on the chart, it's safe to enter a position. Exit the position when you see weakness in the trend or where the EX (exits) are marked.
The Trend Cloud offers great visibility for trend strength and overall volatility and can be used in conjunction with the entries and exits for added confidence that your trade is a worthwhile trade.
The red and green backgrounds on the chart are a filtering tool designed to save you from trades that otherwise don't carry enough momentum to be worth entering the market. This part of the indicator has 3 major adjustable settings that allow you to truly dial in your risk.
Identify momentum areas and trade with confidence using Scalper's Paradise!
Trend Cloud for momentum and confidence
Buy and Sell Signals
Marked Exits and Trend Weakness dots on the chart
ADX Based Clean Trade Filter allows for full customization of your trading risk profile. This part of the indicator will SUPPRESS any and all signals while the chart's background is red.
The Safer Trades Filtering in the settings allows further confidence by suppressing riskier trade signals
Limitations:
This script does not mark reversals. It will only identify safe trade zones during periods of strong momentum.
Disclaimer:
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!
Reversal zone finderThis script would find potential reversal price zones according to RSI over bought or sell condition and big reversal candle.
It works better in range markets and lower time frames like 5M and especially in Support/Resistance zones.
Suit for scalping in forex or crypto markets.
* Use it as a trade assistant not a trade signal!
LA_Crpyto_Pirate Modifie VuManChu B Script with Scalping FiltersI added the following filters for entry signals to the VuManChu B with divergences for use as a scalping indicator. You will need to load the 50 EMA and this indicator to trade this per the rules below
The rules for trading this are as follows; You can only take a long or short entry when all of these requirements match
The wave cross is under the zero line (long) or over the zero line (short)
The money flow indicator is green (long) or red (short)
The closing price is above the 200 EMA (long) or below the 200 EMA (short)
price has pulled back to the 50 EMA
Here are the filters I employed in the script to help you trade this
Zero Line Filter: Only signal longs under the zero line and shorts over the zero line will fire off a signal
Money Flow Indicator Filter: Only signal longs when money flow is green and only shorts when money flow is red
200 MA filter: Only longs when price is closing above the 200 EMA and only shorts when price is closing below the 200 EMA
When you get an alert, simply check to see that price has pulled back to the 50 EMA before entering. Place long and short orders when the indicator signals and you confirm price has pulled back to the 50 ema before entering the long or short. Set your Stop Loss above or below the pervious pullback and set a reward ratio of your choice. Good luck!
Rolling VWAP - Vhunt Scalper botBINANCE:ADAUSDTPERP
Modified VWAP to use scalping in lower timeframe.
Use 1minute TF for best results but can also use up to 30min.
This indicator is made for crypto but may also work for other assets.
The bands serve as support and resistance and used for opening quick profit position if conditions below are met:
Indicators:
Blue - modified rolling vwap
Orange - Band1
Green - Band2
Opening position Conditions:
Long:
Band2 < Band1
Price < Band2
Short:
Band2 > Band1
Price > Band2
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.
GoldenCO Aie2 Use of GoldenCO Aie2
This market price movement trend analysis uses exponential moving average which is ema5/20/50. The purpose of using this EMA is to find out the effect of price changes that occur and the current trend of the market whether bullish or bearish.
It is suitable for short-term or long-term trading.
for short term trading, the trader uses ema5-ema20 and for long term trading the trader can use ema5-ema50 as analysis.
This indicator serves as a guide to traders in trading activities.
we hope that, by recognizing and knowing the trend of this price movement it can help traders in trading activities well and can reduce risk. May it benefit the trader.
DISCLAIMER : This is not Buy/Sell call, just sharing idea analysis for education. Trade at your own risk.
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.
