Agressive Scalper StrategyAfter many different tests and tries we found a strategy which is suited for people that likes to trade in shorter time frames. It uses multiple indications for entries. Entries include indications like Double ATR, Consolidation Detection, Dynamic RSI Calculation with Overbought and Oversold lines and also previous bars highs and lows. Although this strategy has been coded and tested on short time frames, after many additions it turns out it can be very profitable in every time frame if you play with the settings. Also it has some helpers for people that likes to optimize and see how their choices affects the outcome.
The strategy calculates the entry with the rules below:
LONG ENTRY RULES
- Price must be in consolidation zone
- Fast ATR Must be higher than Slow ATR
- Dynamic RSI must be below the oversold line (Green Line as Default)
- The Signal lookback must allow entry. (For example if you set signal lookback to 5, if the LOW of current price is LOWEST point of last 5 bars it is okay to enter LONG) If you check the lookback helper it will show you as green arrow at the bottom.
SHORT ENTRY RULES
- Price must be in consolidation zone
- Fast ATR Must be higher than Slow ATR
- Dynamic RSI must be above the overbought line (Red Line as Default)
- The Signal lookback must allow entry. (For example if you set signal lookback to 5, if the HIGHEST of current price is HIGHEST point of last 5 bars it is okay to enter SHORT) If you check the lookback helper it will show you as red arrow at the top.
This strategy has additional settings that are not available in indicator version that is previously released so i suggest everyone to use this instead.
Happy trading everyone!
Scalpers
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.
Scalper Pro Pivot - Scalpers WeaponToday I feel good to share with my all pals a new "Pivot Point" indicator which I never thought that it could be that easily done. I have been trading for years but I am, to be honest, new to pine script. I used to code other programming languages in the past like HTML, CSS, javascript, PHP, etc web-based programming language which luckily helped me to understand pinescript. It was a bit of my history about coding now talking to the main reason why I created this script in the first place? The answer is simple "I mean who the hell don't want to make their own indicators which work to accomplish own goals". There are lots of indicators which I saw in the public library as well as inside build in but, to be honest, I didn't found any pivot point indicator which calculates the "Fibonacci" method. Even if there are hundreds of pivot point indicators out there in public and built-in but they were either in higher timeframe (daily or above resolution) and weren't on a lower timeframe like starting from 1-minute resolution. There are some lower timeframe pivot point indicators but they aren't using the same method of calculation which I wished and if I ever figure out one then they just end up being repaints which didn't work properly as I wanted. The last but not least reason to create this indicator was obviously for all those short term traders (Scalpers) which I believe this indicator will be a game-changer by adding more support on their current trading strategies. It is so flexible that we can change the resolution from 1min to 1month and, to be honest with you all Fibonacci method used pivot points works most of the time with my own years of personal experience using them in higher timeframes and that is mainly one reason why I was eager to make one which can be used in lower timeframes. It will be useful for all types of traders (short-mid-long). The indicator was specially created for my own scalping purposes and indeed at the end, the creation of this indicator became like if I was mean to dedicate this to my fellow scalper's out there who value the pivot point! Lastly, I would like to give credit to pine script who gave support and knowledge for pine script as well as 'LonesomeTheBlue ' my friend who fixed some issue within the code and without him, my imagination wouldn't have been a reality. Inbox me if you are interested in it. Cheers!
Scalp Master V 1.0The Scalp Master is designed for new and experienced trainers to get a better understanding of sudden direction changes in the cryptocurrencies markets, by displaying just 2 basic signals: "Up" or "Down".
It combines the T.A of a group of indicators to give you the most sensitive tool to catch a Pump or Dump before it happens. It also includes one of the most basic and powerful tools to understand how the market is going to behave: Bollinger Bands, if we get an "Up" signal near the lower Bollinger band, we might be close to a good pump and if we get a "Down" signal near the top Bollinger band a dump in the price will most likely happen.
Enjoy!!!
Market Cycle & Scalping entry / exitCycle indicator is an oscillator commonly used to identify market trends and provide buy and sell signals to traders. The Cyle indicator is based on the assumption that currency trends accelerate and decelerate in cyclical patterns that may reflect the dominant price cycle of any stock, during any time frame. It works best on a 1 min chart for quick scalp plays.
Ledgercharts scalp indicatorI'm using this indicator for finding scalp opportunities with high volume crypto coins. To be used in combination with support & resistance levels and/or other indicators.
Works best on a 15-minute timeframe.
DISCLAIMER:
This script is not intended as financial advice and is for educational purposes only. Do your own research by verifying the accuracy of the information and know that your decisions are your own.
John Carter's Buy/Sell Scalper V2After a couple adjustments, double signals are now being ignore.
Here's how this script works:
Based entirely on a John Carter scalping setup, a candle will be painted purple if the next two closes are in a opposite direction of the past trend.
Green triangles indicates that the reversal is bullish, red triangles indicates that the reversal is bearish. Both are entry/exit points if you want to follow this set up.
Personally, I find this setup to work best in trending days, but it does a great job on choppy days if you use it as a confirmation.
John Carter's Buy/Sell Scalper (with alert)Basic indicator with signals. Con: Presents multiple signals in the same direction (should be ignored, according with the strategy).
