This is the third version of Bull Trading Easy Scalping Tool for 1 minute charts. This improved code filters trend direction and power to avoid some false entries on horizontal markets. Exits after profit are commonly taken when the price hits the ma's.
DISCLAIMER:
The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice...
This alert friendly indicator is designed as a scalping tool, it displays arrows for entries and color differentiation for exits. Play arround with Trend Length settings for signal sensibility. Comments for improving are very welcome.
DISCLAIMER:
The Following indicator/code IS EXPERIMENTAL AND NOT intended to be a formal investment advice or recommendation...
Description
This study project is a Scalping Pullback trading Tool that incorporates the majority of the indicators needed to analyse and scalp Trends for Pull Backs and reversals on 1min, 5min or 15min charts. The set up utilies Heikin Ashi candle charts. Incorporated within this tool are the following indicators:
1. Major industry (Banks) recognised important...
Triple SAR scalping method must be used with a 5 minute chart. Look for the patterns that 3 bands overlap. Close deal within 4-5 pip profit or build your own style after getting comfortable with this technique and share your approach with us for maybe higher profits.
This indicator detects microtrend reversals based on crossing of the DMI+ and DMI- + signals
It indicates the trigger event on the chart as well as the reversal candle
In addition to that it shows a countdown above the bars
This is helping when multiple reversals occur
Important: when the Bollinger Bands are crossed in the previous bars it's possible that the...
The original script was posted on ProRealCode by user Nicolas.
This indicator is an attempt of scalping strategy by crossing the mean high or low weigthed price over a short "n" period. This 2 lines represent the black "trench" on screenshots attached.
When signal line (blue one) crossing the buy trigger one (dotted green one) a buy signal should occur and...
This 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...
![USDCAD: [BullTrading] 1 minute Easy Scalping Sys v3.0](https://s3.tradingview.com/e/ED4U7xg6_mid.png "[BullTrading] 1 minute Easy Scalping Sys v3.0")
![USDJPY: [BullTrading] Easy Scalping Sys v2.0](https://s3.tradingview.com/u/uLPD436q_mid.png "[BullTrading] Easy Scalping Sys v2.0")
