OPEN-SOURCE SCRIPT
Hilly's 0010110 Reversal Scalping Strategy - 5 Min Candles

Key Features and Rationale:
Timeframe: Restricted to 5-minute candles as requested.
Pattern Integration: Includes single (Hammer, Shooting Star, Doji), two (Engulfing, Harami), and three-plus (Morning Star, Evening Star) candlestick patterns, plus reversal patterns based on RSI extremes.
VWAP Cross: Incorporates bullish (price crosses above VWAP) and bearish (price crosses below VWAP) signals, enhanced by trend context.
Volume Analysis: Uses a volume spike threshold to filter noise, with a simple day-start volume comparison for financial environment context.
Financial Environment: Approximates the day's sentiment using early-hour volume compared to current volume, adjusted by trend.
Aggregation: Scores each condition (e.g., 1 for basic patterns, 2 for strong patterns like Engulfing, 3 for three-candle patterns) and decides based on weighted consensus, with trendStrength as a tunable threshold.
Risky Approach: Minimal filtering and a low trendStrength (default 0.5) allow frequent signals, aligning with your $100-to-$200 goal, but expect higher risk.
Suggested Inputs:
EMA Length: 10 (short enough for 5-minute sensitivity).
VWAP Lookback: 1 (uses current session VWAP).
Volume Threshold Multiplier: 1.2 (moderate spike requirement).
RSI Length: 14 (standard, adjustable to 7 for more sensitivity).
Trend Strength Threshold: 0.5 (balance between signals; lower to 0.4 for more trades, raise to 0.6 for fewer).
Timeframe: Restricted to 5-minute candles as requested.
Pattern Integration: Includes single (Hammer, Shooting Star, Doji), two (Engulfing, Harami), and three-plus (Morning Star, Evening Star) candlestick patterns, plus reversal patterns based on RSI extremes.
VWAP Cross: Incorporates bullish (price crosses above VWAP) and bearish (price crosses below VWAP) signals, enhanced by trend context.
Volume Analysis: Uses a volume spike threshold to filter noise, with a simple day-start volume comparison for financial environment context.
Financial Environment: Approximates the day's sentiment using early-hour volume compared to current volume, adjusted by trend.
Aggregation: Scores each condition (e.g., 1 for basic patterns, 2 for strong patterns like Engulfing, 3 for three-candle patterns) and decides based on weighted consensus, with trendStrength as a tunable threshold.
Risky Approach: Minimal filtering and a low trendStrength (default 0.5) allow frequent signals, aligning with your $100-to-$200 goal, but expect higher risk.
Suggested Inputs:
EMA Length: 10 (short enough for 5-minute sensitivity).
VWAP Lookback: 1 (uses current session VWAP).
Volume Threshold Multiplier: 1.2 (moderate spike requirement).
RSI Length: 14 (standard, adjustable to 7 for more sensitivity).
Trend Strength Threshold: 0.5 (balance between signals; lower to 0.4 for more trades, raise to 0.6 for fewer).
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开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。