INVITE-ONLY SCRIPT
NTL SCALP v2 with TP & SL (Absolute)
NTL SCALP v2 with TP & SL (Absolute) – Scalping Trend System
Timeframe Example: 15-minute (XAUUSD)
Indicator Type: Combined trend-following and momentum-based scalping system
🔍 Purpose of This Indicator
This script is designed as a unified tool for intraday scalpers, combining multiple essential components—trend detection, entry signal logic, and automated risk management—into one streamlined system. Rather than simply merging various indicators, it integrates them with a clear purpose: to generate trade setups with actionable entries and realistic TP/SL targets in trending markets.
📌 Core Components & How They Work Together
Multi-Ribbon EMA Trend Filter
Multiple Exponential Moving Averages (EMAs) are used to detect short-, medium-, and long-term trends.
The EMA ribbons visually shift from red (bearish) to green (bullish) depending on the overall price structure.
These ribbons not only indicate trend direction but also serve as dynamic support/resistance levels.
Momentum-Based Entry Signals
Buy and sell signals are triggered when price momentum aligns with the trend (e.g., bullish breakout above EMAs with supporting candle structure).
The system ensures that trades are only taken in the direction of the prevailing trend, reducing the likelihood of false signals.
Auto-Generated Entry, TP & SL Levels
Once a valid setup is detected, the script plots the entry price, stop-loss (SL), and up to four take-profit (TP1–TP4) targets.
These levels are based on recent volatility and trend strength, allowing traders to manage risk and reward efficiently.
Labels such as “TP1 HIT” or “SL HIT” are displayed on the chart to show trade progress in real-time.
✅ How to Use This Indicator
Designed for scalping and short-term trend trading during high-volume market sessions (e.g., London/New York).
Ideal for traders who prefer clear rules for entry, exit, and risk management.
Can be used standalone, but works even better with confirmation from price action or volume-based tools.
🛑 Note
To ensure effective performance, avoid using this tool in ranging or low-volatility markets. It is optimized for trending environments.
⚠️ Disclaimer
This script is intended for educational purposes and does not constitute financial advice. Always conduct your own analysis and apply risk management when trading.
Timeframe Example: 15-minute (XAUUSD)
Indicator Type: Combined trend-following and momentum-based scalping system
🔍 Purpose of This Indicator
This script is designed as a unified tool for intraday scalpers, combining multiple essential components—trend detection, entry signal logic, and automated risk management—into one streamlined system. Rather than simply merging various indicators, it integrates them with a clear purpose: to generate trade setups with actionable entries and realistic TP/SL targets in trending markets.
📌 Core Components & How They Work Together
Multi-Ribbon EMA Trend Filter
Multiple Exponential Moving Averages (EMAs) are used to detect short-, medium-, and long-term trends.
The EMA ribbons visually shift from red (bearish) to green (bullish) depending on the overall price structure.
These ribbons not only indicate trend direction but also serve as dynamic support/resistance levels.
Momentum-Based Entry Signals
Buy and sell signals are triggered when price momentum aligns with the trend (e.g., bullish breakout above EMAs with supporting candle structure).
The system ensures that trades are only taken in the direction of the prevailing trend, reducing the likelihood of false signals.
Auto-Generated Entry, TP & SL Levels
Once a valid setup is detected, the script plots the entry price, stop-loss (SL), and up to four take-profit (TP1–TP4) targets.
These levels are based on recent volatility and trend strength, allowing traders to manage risk and reward efficiently.
Labels such as “TP1 HIT” or “SL HIT” are displayed on the chart to show trade progress in real-time.
✅ How to Use This Indicator
Designed for scalping and short-term trend trading during high-volume market sessions (e.g., London/New York).
Ideal for traders who prefer clear rules for entry, exit, and risk management.
Can be used standalone, but works even better with confirmation from price action or volume-based tools.
🛑 Note
To ensure effective performance, avoid using this tool in ranging or low-volatility markets. It is optimized for trending environments.
⚠️ Disclaimer
This script is intended for educational purposes and does not constitute financial advice. Always conduct your own analysis and apply risk management when trading.
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系tugsit。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Quick Usage Guide: Use on 5–15 min charts for scalping in trending markets. Follow signals only when EMAs align in one direction (all green or all red). Exit partially at TP1–TP4 or fully if SL is hit.
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。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系tugsit。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
Quick Usage Guide: Use on 5–15 min charts for scalping in trending markets. Follow signals only when EMAs align in one direction (all green or all red). Exit partially at TP1–TP4 or fully if SL is hit.
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。