A scalping indicator designed for quick entries on lower timeframes, combining EMA stacks with volume confirmation and automatic risk management levels.
CORE FEATURES: 1. EMA Stack System: - 50 EMA (Blue): Fastest trend - 100 EMA (Yellow): Entry trigger line - 150 EMA (Orange): Stop loss reference - 200 EMA (Red): Base trend
2. Entry System: - LONG: When price dips to 100 EMA during bullish fan - SHORT: When price rises to 100 EMA during bearish fan - Signals shown as triangles at entry points
3. Risk Management: - Auto Stop Loss: 150 EMA (red line) - Auto Take Profit: Based on RR ratio (green line) - Entry Price Marker: Current close (blue line)
4. Volume Confirmation: - High volume dots (>1.5x average) - Filters out weak signals - Adjustable sensitivity
HOW IT WORKS: 1. Wait for EMAs to fan out (trend alignment) 2. Look for price to touch 100 EMA 3. Check for volume confirmation 4. Enter when signal appears 5. Use auto-generated SL and TP levels
BEST TIMEFRAMES: - Primary: 1 minute - Secondary: 3-5 minutes - Not recommended: >15 minutes