Scalping — Indicators and Signals — TradingView (2024)

Overview: This trading strategy is designed for scalping in the 1-minute timeframe. It uses a combination of the Williams %R, MACD, and SMA indicators to generate buy and sell signals. It also includes alert functionalities to notify users when trades are executed or closed. Indicators Used: Williams %R : A momentum indicator that measures overbought and...

** Indicator Description ** 1. Price Change Threshold (%) – The minimum price change required for a candle to be recognized as significant. Candles exceeding this threshold are considered potential candidates for zone creation. Default value for 5 min is 0.5%. As you move on higher timeframe the threshold should increase 2. Percentage Change for Zones (%) ...

Description The "First Candle High Low Levels" Pine Script indicator is designed to highlight the high and low levels of the first candle of the day on your TradingView chart. It works across different timeframes and specifically handles the Indian stock market trading hours (9:15 AM to 3:30 PM IST). The script draws a box from the start to the end of the trading...

This script performs custom calculations for both bullish and bearish bars, providing a numerical result that can be used to gauge price movements and potential trading signals.How It WorksBullish Bars:Calculates the absolute difference between the open and low prices (BullOpenLow).Calculates the absolute difference between the high and close prices...

# Advanced Gold Scalping Strategy with RSI Divergence## OverviewThis Pine Script implements an advanced scalping strategy for gold (XAUUSD) trading, primarily designed for the 1-minute timeframe. The strategy utilizes the Relative Strength Index (RSI) indicator along with its moving average to identify potential trade setups based on divergences between price...

▋ INTRODUCTION : The Buy-Sell Volume Bar Gauge is developed to provide traders with a detailed analysis of volume in bars using a low timeframe, such as a 1-second interval, to measure the dominance of buy and sell for each bar. By highlighting the balance between buying and selling activities, the Buy-Sell Volume Bar Gauge helps traders identify potential volume...

Overview:The ORB (Opening Range Breakout) strategy combined with Heikin Ashi candles and Relative Volume (RVOL) indicator aims to capitalize on significant price movements that occur shortly after the market opens. This strategy identifies breakouts above or below the opening range, using Heikin Ashi candles for smoother price visualization and RVOL to gauge the...

Name: "Binance-Bybit Cross Chart: Spot-Perpetual Correlation"Category: Scalping, Trend AnalysisTimeframe: 1M, 5M, 30M, 1D (depending on the specific technique)Technical analysis: This indicator facilitates a comparison between the price movements shown on the Binance spot chart and the Bybit perpetual chart, with the aim of discerning the correlation between...

Volume Footprint Voids is a unique tool that uses lower timeframe calculation to plot different styles of single candle POC.This indicator is very powerful for scalping and finding very precise entry and exits, spotting potential trapped traders, and more.Unlike many other volume profiles, this aims to plot single candle profiles as well as their own...

This Strategy is based of Subhashish Pani's (power of stocks) 5 EMA Strategy.strategy used for sell in 5 minutes and for buy in 15 minutes ..Rules for this strategy ..Sell signal -1) if price is above 5 Ema and not touching Ema use as alert candle..2) if price break low of alert candle strategy open trade ..3) if price move more upside low of alert candle...

I'm using this platform from sometime and I carry out trading on Gold, using a kind of scalping strategy.Scalping is not an easy task to do. Personally I found a lot of problems while detecting the trend direction.So I decided to develop an indicator that is capable, in a discrete way, to give an instant-view on the market that is interesting.This indicator can...

- The script calculates the high and low ranges based on the specified session time, such as the Asia Liquidity session.- It uses the timeinrange function to determine if the current bar is within the specified session.- High and low values are updated based on whether the current high or low surpasses the previous values within the specified session.- The...

This code is a custom script designed for analyzing trading volume within a specific time window on the TradingView platform. It offers a comprehensive analysis of buying and selling activity during a defined period and provides visual aids and data summaries for traders to make informed decisions. Here's a detailed breakdown of its functionality and how to use...

Introduction: The Renko Indicator is a powerful tool designed to help traders identify trends and potential trade opportunities in the financial markets. This indicator overlays a Renko chart on the main price chart and generates Buy and Sell signals based on Renko brick movements. Renko charts are unique in that they focus solely on price movements, ignoring the...

NSE:BANKNIFTY1! This indicator is based on the concepts popularized by @OptionsScalper123 "Siva" of OiPulse. His ideology Is that large moves come after high volume candles. For Nifty, high volume is considered to be a candle above 125k volume and for BankNifty it’s 50k. This indicator allows you to cut the noise and focus only on the high volume candle. It...

This script displays the percentage of movement of all candles on the chart, as well as identifying abnormal movements to which you can attach alerts. An abnormal movement is considered a rise or fall that exceeds the parameter set in the settings (by default, 1% per 1 bar). Added a function to display the volume on abnormal candlesticks.

Description: The Trading Session Template Indicator is a powerful script that allows traders to customize their own trading session time range on a chart. With this indicator, you have the flexibility to define specific hours during which you prefer to focus your trading activities. The example chart showcases the New York session hours, but you can easily adapt...

The "3 Fib EMAs To Scalp Them All" was made in order to clear up when we should look for shorts, longs, or walk away. Also it can alert you when a trend starts, or when there is a possible reversal. I use it for scalping/day trading in 5m-1h timeframes.1. EMAs: By default, the indicator uses Fibonacci numbers (21, 55, 233), but you can change them.2. Color...