Open Interest Stochastic Money Flow IndexThis is the improved version of Stochastic Money Flow Index script that uses Open Interest instead of volume in Future markets.
I think it will make a difference especially in Future and CFD markets.
Since the system will pull data from Quandl, CFTC reports may cause repaint when disclosed.
So if you use it during the weekly time frame (1W), it will definitely not repaint.
You can also use the volume by selecting "Others" from the menu.This option applies to each instrument, you can use it on any financial instrument with or without COT data.
Bitcoin is included in the "Futures" option.
In Futures, you can observe the difference of Open Interest's success by comparing, since it counts exchanges between the two parties singularly, it reacts more firmly to speculative movements.
This script also includes alerts and bar color options, you can use from the menu.
It is also suitable for mutable variables.This script was freed from the integer loads.You can modify it in any adaptive or fractional period.
I hope it will help your analyzes, regards .
Wyszukaj w skryptach "Futures"
Open Interest Rank-BuschiEnglish:
One part of the "Commitment of Traders-Report" is the Open Interest which is shown in this indicator (source: Quandl database).
Unlike my also published indicator "Open Interest-Buschi", the values here are not absolute but in a ranking system from 0 to 100 with individual time frames-
The following futures are included:
30-year Bonds (ZB)
10-year Notes ( ZN )
Soybeans (ZS)
Soybean Meal (ZM)
Soybean Oil (ZL)
Corn ( ZC )
Soft Red Winter Wheat (ZW)
Hard Red Winter Wheat (KE)
Lean Hogs (HE)
Live Cattle ( LE )
Gold ( GC )
Silver (SI)
Copper (HG)
Crude Oil ( CL )
Heating Oil (HO)
RBOB Gasoline ( RB )
Natural Gas ( NG )
Australian Dollar (A6)
British Pound (B6)
Canadian Dollar (D6)
Euro (E6)
Japanese Yen (J6)
Swiss Franc (S6)
Sugar ( SB )
Coffee (KC)
Cocoa ( CC )
Cotton ( CT )
S&P 500 E-Mini (ES)
Russell 2000 E-Mini (RTY)
Dow Jones Industrial Mini (YM)
Nasdaq 100 E-Mini (NQ)
Platin (PL)
Palladium (PA)
Aluminium (AUP)
Steel ( HRC )
Ethanol (AEZ)
Brent Crude Oil (J26)
Rice (ZR)
Oat (ZO)
Milk (DL)
Orange Juice (JO)
Lumber (LS)
Feeder Cattle (GF)
S&P 500 ( SP )
Dow Jones Industrial Average Index (DJIA)
New Zealand Dollar (N6)
Deutsch:
Ein Bestandteil des "Commitment of Traders-Report" ist das Open Interest, das in diesem Indikator dargestellt wird (Quelle: Quandl Datenbank).
Anders als in meinem ebenfalls veröffentlichten Indikator "Open Interest-Buschi" werden hier nicht die absoluten Werte dargestellt, sondern in einem Ranking-System von 0 bis 100 mit individuellen Zeitrahmen.
Folgende Futures sind enthalten:
30-jährige US-Staatsanleihen (ZB)
10-jährige US-Staatsanleihen ( ZN )
Sojabohnen(ZS)
Sojabohnen-Mehl (ZM)
Sojabohnen-Öl (ZL)
Mais( ZC )
Soft Red Winter-Weizen (ZW)
Hard Red Winter-Weizen (KE)
Magerschweine (HE)
Lebendrinder ( LE )
Gold ( GC )
Silber (SI)
Kupfer(HG)
Rohöl ( CL )
Heizöl (HO)
Benzin ( RB )
Erdgas ( NG )
Australischer Dollar (A6)
Britisches Pfund (B6)
Kanadischer Dollar (D6)
Euro (E6)
Japanischer Yen (J6)
Schweizer Franken (S6)
Zucker ( SB )
Kaffee (KC)
Kakao ( CC )
Baumwolle ( CT )
S&P 500 E-Mini (ES)
Russell 2000 E-Mini (RTY)
Dow Jones Industrial Mini (YM)
Nasdaq 100 E-Mini (NQ)
Platin (PL)
Palladium (PA)
Aluminium (AUP)
Stahl ( HRC )
Ethanol (AEZ)
Brent Rohöl (J26)
Reis (ZR)
Hafer (ZO)
Milch (DL)
Orangensaft (JO)
Holz (LS)
Mastrinder (GF)
S&P 500 ( SP )
Dow Jones Industrial Average Index (DJIA)
Neuseeland Dollar (N6)
Open Interest-Buschi
English:
One part of the "Commitment of Traders-Report" is the Open Interest which is shown in this indicator (source: Quandl database).
The following futures are included:
30-year Bonds (ZB)
10-year Notes (ZN)
Soybeans (ZS)
Soybean Meal (ZM)
Soybean Oil (ZL)
Corn (ZC)
Soft Red Winter Wheat (ZW)
Hard Red Winter Wheat(KE)
Lean Hogs (HE)
Live Cattle (LE)
Gold (GC)
Silver (SI)
Copper (HG)
Crude Oil (CL)
Heating Oil (HO)
RBOB Gasoline (RB)
Natural Gas (NG)
Australian Dollar (A6)
British Pound (B6)
Canadian Dollar (D6)
Euro (E6)
Japanese Yen (J6)
Swiss Franc (S6)
Sugar (SB)
Coffee (KC)
Cocoa (CC)
Cotton (CT)
S&P 500 E-Mini (ES)
Russell 2000 E-Mini (RTY)
Dow Jones Industrial Mini (YM)
Nasdaq 100 E-Mini (NQ)
Platin (PL)
Palladium (PA)
Aluminium (AUP)
Steel (HRC)
Ethanol (AEZ)
Brent Crude Oil (J26)
Rice (ZR)
Oat (ZO)
Milk (DL)
Orange Juice (JO)
Lumber (LS)
Feeder Cattle (GF)
S&P 500 (SP)
Dow Jones Industrial Average Index (DJIA)
New Zealand Dollar (N6)
Deutsch:
Ein Bestandteil des "Commitment of Traders-Report" ist das Open Interest, das in diesem Indikator dargestellt wird (Quelle: Quandl Datenbank).
Folgende Futures sind enthalten:
30-jährige US-Staatsanleihen (ZB)
10-jährige US-Staatsanleihen (ZN)
Sojabohnen(ZS)
Sojabohnen-Mehl (ZM)
Sojabohnen-Öl (ZL)
Mais(ZC)
Soft Red Winter-Weizen (ZW)
Hard Red Winter-Weizen (KE)
Magerschweine (HE)
Lebendrinder (LE)
Gold (GC)
Silber (SI)
Kupfer(HG)
Rohöl (CL)
Heizöl (HO)
Benzin (RB)
Erdgas (NG)
Australischer Dollar (A6)
Britisches Pfund (B6)
Kanadischer Dollar (D6)
Euro (E6)
Japanischer Yen (J6)
Schweizer Franken (S6)
Zucker (SB)
Kaffee (KC)
Kakao (CC)
Baumwolle (CT)
S&P 500 E-Mini (ES)
Russell 2000 E-Mini (RTY)
Dow Jones Industrial Mini (YM)
Nasdaq 100 E-Mini (NQ)
Platin (PL)
Palladium (PA)
Aluminium (AUP)
Stahl (HRC)
Ethanol (AEZ)
Brent Rohöl (J26)
Reis (ZR)
Hafer (ZO)
Milch (DL)
Orangensaft (JO)
Holz (LS)
Mastrinder (GF)
S&P 500 (SP)
Dow Jones Industrial Average Index (DJIA)
Neuseeland Dollar (N6)
CME Gap Finder - BitcoinOnly for Bitcoin!
This indicator locates weekly gaps created by the CME Futures market for Bitcoin.
As you can see, Bitcoin tends to close the weekly gaps created in the futures market so I thought this could be a very useful tool.
Instead of having to look between multiple charts, this simply overlays the past weeks open and close should a gap appear.
I hope you find this indicator useful!
Cheers!
COT total by categoriesWill plot the sum of all positions (total) for selected categories
Configure&select:
-futures/futures+options
-plot sum by num_contracts/percent
-plot sum of all spreads positions across all categories
COT disaggregatedCFTC COT data is exported by quandl.com to tradingview
COT@quandl:
www.quandl.com
COT@tradingview
www.tradingview.com
How to use this script:
Select and load CFTC COT data for the commodity ticker in the chart
Will by default take current ticker, or allow to avvverride it with another
Traders' categories are those for commodities , not financial futs
Select And Configure :
-categories to be plotted
-Futures/Futures+Options
-by num_contracts/percent
-plot "Tot Spreads %" selection (only when also "Show as % of OI" selected)
will plot the total of spreads positions across all categories
This script supercedes my other "MY_ CFTC GC/SI/CL (Disaggregated)" script
Just changed name
Open Interest:CME e-o-d vs CFTC e-o-wCFTC only publishes total OI on fridays, related to last Tuesday.
But what happened since last Tuesday?
CME Vol & Open Interest data is recorded&exported daily by quandl.com to tradingview
via the che CHRIS/CME datasets
www.quandl.com
Eg. Nat Gas next outstanding cntract n. 20, field n. 7(OI)
@quandl.com:
www.quandl.com
is exported @tradingview:
www.tradingview.com
Every outstanding contract's OI & vol is exported (black column), but not the total (yellow line):
tiny.cc
This script sums up all the existing outstanding contract's OI for the future (the black column), so one can have an idea of the total OI for the day (Yellow line).
As numer of outstanding contracts varies from future to future,Eg:
E-mini (ES) has 4 contracts, Gold(GC) 16 cntrcts, NatGas(NG) has 43, WTI(CL) has 38 etc
the scrips tries to guess how many exist for it and sums them up, to have the total OI for tha day
Number ofoutstanding contracts exported by quandl.com to tradingview is taken from
s3.amazonaws.com
There are 2 params you can enter on the script:
* override the ticket symbol on the chart ,if script cannot guessit or you need a different one
* enter the "preliminary" OI that is published by CME early the next day, butb not yet exported by quandl to tradingview
This script is Open so anyone can copy and modifyit for its use.
Please post comments and ideas if you find it useful
I try to keep a log of my work here:
Colored Volume Bars All Markets: Combining Volume SourcesUsing volume in Forex is potentially misleading as we are only provided the broker volume or futures exchange volume for the currency or commodity in a decentralised market. This code combines the volumes from FXCM, Onanda and futures for the instrument being studied. The combination of the volumes could improve the reliability of the volume being considered. Using this approach other volume indicators can also be improved.
Bitmex Bitcoin BasisInspired by the Ugly Old Goat's articles about the Bitcoin basis - medium.com
with the help of @Plumptoiletduck this indicator was created to show the Bitmex futures premium or discount.
Note you need to add in the new futures ticker every 3 months.
ACM22 not repaintedДелал данный скрипт для FORTS.Идеально подойдет тем,кто использует трейлинг стопы.В основе стратегии лежит RSI.Как по мне,хорошая вещь для проверки стратегии и ее оптимизиации.На скрине 50 контрактов,так что не сильно радуйтесь,а просто делите на 50 и получите показатели на 1 контракт.
Script make for futures on MICEX.U can change paramets of RSI,traling stop and stop loss .On a ps 50 futures USDollar-russian ruble.Use for testing and optimisation.
Vertical Horizontal Filter BacktestVertical Horizontal Filter was initiated by Adam White. It was first published
in a magazine called “Issues of Futures” in August, 1991. The Vertical Horizontal
Filter (VHF) is a very common Indicator used by traders to find out the Phase of
a Price Trend. Normally, a price trend can be in a Trending Phase or a Congestion
Phase/Choppy Movement Phase. Adam White created this particular Technical Indicator
to determine whether prices are trending in a particular direction or are they going
through a transitional period. He used it to measure the range of Futures available
in the market.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Vertical Horizontal Filter Strategy Vertical Horizontal Filter was initiated by Adam White. It was first published
in a magazine called “Issues of Futures” in August, 1991. The Vertical Horizontal
Filter (VHF) is a very common Indicator used by traders to find out the Phase of
a Price Trend. Normally, a price trend can be in a Trending Phase or a Congestion
Phase/Choppy Movement Phase. Adam White created this particular Technical Indicator
to determine whether prices are trending in a particular direction or are they going
through a transitional period. He used it to measure the range of Futures available
in the market.
WARNING:
- This script to change bars colors.
Vertical Horizontal Filter Vertical Horizontal Filter was initiated by Adam White. It was first published
in a magazine called “Issues of Futures” in August, 1991. The Vertical Horizontal
Filter (VHF) is a very common Indicator used by traders to find out the Phase of
a Price Trend. Normally, a price trend can be in a Trending Phase or a Congestion
Phase/Choppy Movement Phase. Adam White created this particular Technical Indicator
to determine whether prices are trending in a particular direction or are they going
through a transitional period. He used it to measure the range of Futures available
in the market.
BKSqueezeThis is a price volatility compression and expansion indicator that uses the ratio of the Bollinger Band and Keltner Ratio.
Red segments indicate extreme price volatility compression that can be ideal entry points for stock/futures/forex and/or options positions.
Aqua segments indicate price volatility is expanding.
Blue segments indicate price volatility is compressing - can be used as an exit point or partial scale out point.
Note that the indicator doesn't indicate direction. One suggestion is to use the DMI indicator for this purpose - really depends on how early you enter the trade.
Suggest using a time period of 15 bars for volatile stocks, such as TSLA for example, otherwise a period of 20 bars suits most stocks/futures/forex symbols.
T7 JNSARJNSAR stands for Just Nifty -0.14% Stop & Reverse. This is a Trend Following Daily Bar Trading System for NIFTY -0.14% . Original idea belongs to ILLANGO @ I coded the pine version of this system based on a request from @stocksonfire. Use it at your own risk after validation at your end. Neither me or my company is responsible for any losses you may incur using this system. Hope you like this system and enjoy trading it !!!
Updated V3 code for the T7 JNSAR system earlier published here V2 and here V1
Following updates made to the code
1. Added a 22 Period Simple moving average filter over and above the standard JNSAR value for generating trading signals. This simple filter reduces the whipsaw trades drastically along with similar improvements in the max draw down and overall profitability of the system. The SMA filter is turned ON by default but can be turned OFF by user through the settings window.
2. Backtest option is now turned ON by default.
Also am republishing the trading rules here again with some modification
1. Go Long when the daily close is above the JNSAR line. Go Short when the daily close is below the JNSAR line. JNSAR line is the varying green line overlayed over the price chart. Once a signal comes at market close enter in the direction of the signal @ market price @ next day market open.
2. Trade only Nifty -0.14% Index. This system was developed and backtested only for NIFTY -0.14% Index. So trade in its Futures or Options, as you may deem fit. My recommendation is to choose futures for simplicity. If you want to reduce the trading cost and go with options, trade with deep in the money options, preferably 2 strikes far from the spot price.
3. Trade all signals. Markets trend only 30-35% of the time and hence the system is only accurate to that extend. But system tends to make enough money, in this small trending window, to keep the overall profitability in good health. But one never knows when a big trend may come and when it comes its absolutely imperative that you take it. To ensure that, trade all signals and don't be choosy about what signals you are going to trade. Also I wouldn't recommend using your own analysis to trade this system. Too many drivers will crash the car.
4. Like all trend following systems, this system will have many whipsaws during flat markets along with large trade and account drawdowns. Also some months and even years may not be profitable. But to trade this system profitably, it is necessary to take these in one's stride and keep trading. As the backtester results from 1990 to 2017 proves, this system is profitable overall thus far. Take confidence from that objective fact.
5. Trade with only that amount of money you can afford to loose. Initial capital that you need to have to trade one lot of NIFTY -0.14% should be atleast - (Margin Money required to take and hold 1 lot position + maximum drawdown amount per lot)*1.2. Be prepared to add more if need be, but the above formula will give a rough idea of what you need to have to start trading and be in the game always.
6. Place an After Market Order @ Market Price with your broker after market close so that you get to execute the trade next trading day @ Market open to capture near similar price as the daily open price seen on the chart. This execution mode will give you the best chance to minimize the slippage and mimic the backtester results as closely as practically possible.
7. Follow all the 6 rules above religiously, as if your life depends on it. If you cant, then don't trade this system; You will certainly loose money.
Happy Trading !!! As always am looking out for your valuable feedback.
T7 JNSARUpdated code for the T7 JNSAR system earlier published here -
Following updates made to the code
1. Buy / Sell arrows now appear when the corresponding conditions are met.
2. Support for Heikin-Ashi Candles added
3. Different Backtesting Position Sizing Algorithms added for evaluation
Also am republishing the trading rules here again with some modification
1. Go Long when the daily close is above the JNSAR line. Go Short when the daily close is below the JNSAR line. JNSAR line is the varying green line overlayed over the price chart. Once a signal comes at market close enter in the direction of the signal @ market price @ next day market open.
2. Trade only Nifty Index. This system was developed and backtested only for NIFTY Index. So trade in its Futures or Options, as you may deem fit. My recommendation is to choose futures for simplicity. If you want to reduce the trading cost and go with options, trade with deep in the money options, preferably 2 strikes far from the spot price.
3. Trade all signals. Markets trend only 30-35% of the time and hence the system is only accurate to that extend. But system tends to make enough money, in this small trending window, to keep the overall profitability in good health. But one never knows when a big trend may come and when it comes its absolutely imperative that you take it. To ensure that, trade all signals and don't be choosy about what signals you are going to trade. Also I wouldn't recommend using your own analysis to trade this system. Too many drivers will crash the car.
4. Like all trend following systems, this system will have many whipsaws during flat markets along with large trade and account drawdowns. Also some months and even years may not be profitable. But to trade this system profitably, it is necessary to take these in one's stride and keep trading. As the backtester results from 1990 to 2016 proves, this system is profitable overall thus far. Take confidence from that objective fact.
5. Trade with only that amount of money you can afford to loose. Initial capital that you need to have to trade one lot of NIFTY should be atleast - (Margin Money required to take and hold 1 lot position + maximum drawdown amount per lot)*1.2. Be prepared to add more if need be, but the above formula will give a rough idea of what you need to have to start trading and be in the game always.
6. Place an After Market Order @ Market Price with your broker after market close so that you get to execute the trade next trading day @ Market open to capture near similar price as the daily open price seen on the chart. This execution mode will give you the best chance to minimise the slippage and mimic the backtester results as closely as practically possible.
7. Follow all the 6 rules above religiously, as if your life depends on it. If you cant, then don't trade this system; You will certainly loose money.
Happy Trading !!! As always am looking out for your valuable feedback.
T7 JNSARJNSAR stands for Just Nifty Stop & Reverse. This is a trend following daily bar trading system for NIFTY. Original idea belongs to ILLANGO @ I coded the pine version of this system based on a request from @stocksonfire. Use it at your own risk after validation at your end. Neither me or my company is responsible for any losses you may incur using this system. Hope you like this system and enjoy trading it !!!
While trading this system you must follow these simple rules.
1. Go Long when the daily close is above the JNSAR line. Go Short when the daily close is below the JNSAR line. JNSAR line is the varying green line overlayed over the price chart. Once a signal comes at market close enter in the direction of the signal @ market price @ next day market open.
2. Trade only Nifty Index. This system was developed and backtested only for NIFTY Index. So trade in its Futures or Options, as you may deem fit. My recommendation is to choose futures for simplicity. If you want to reduce the trading cost and go with options, trade with deep in the money options, preferably 2 strikes far from the spot price.
3. Trade all signals. Markets trend only 30-35% of the time and hence the system is only accurate to that extend. But system tends to make enough money, in this small trending window, to keep the overall profitability in good health. But one never knows when a big trend may come and when it comes its absolutely imperative that you take it. To ensure that, trade all signals and don't be choosy about what signals you are going to trade. Also I wouldn't recommend using your own analysis to trade this system. Too many drivers will crash the car.
4. Like all trend following systems, this system will have many whipsaws during flat markets along with large trade and account drawdowns. Also some months and even years may not be profitable. But to trade this system profitably, it is necessary to take these in one's stride and keep trading. As the backtester results from 1990 to 2016 proves, this system is profitable overall thus far. Take confidence from that objective fact.
5. Initial capital that you need to have to trade one lot of NIFTY should be atleast - (Margin Money required to take and hold 1 lot position + maximum drawdown amount per lot)*1.2. Be prepared to add more if need be, but the above formula will give a rough idea of what you need to have to start trading and be in the game always.
6. Follow all the 5 rules above religiously as if your life depends on it. If you cant, then don't trade this system; You will certainly loose money.
Accumulation Swing Index The Accumulation Swing Index is a cumulative total of the Swing Index.
The Accumulation Swing Index was developed by Welles Wilder.
The SwingIndex function was developed to help cut through the maze of
Open, High, Low and Close prices to indicate the real strength and direction
of the market. The Swing Index function looks at the Open, High, Low and
Close values for a two-bar period. The theory is that there are four cross-bar
and one intra-bar comparisons that are strong indicators of an up or down day.
The Swing Index returns a number between -100 and 100. If the factors point toward
an up day, then the function value will be positive and vice versa. In this way,
the Swing Index gives us definite short-term swing points, and it can be used to
supplement other methods as a breakout indicator. A breakout is indicated when the
value of the Accumulation Swing Index (ASI) exceeds the ASI value on the day when a
previous significant High Swing Point was made. A downside breakout is indicated when
the value of the ASI drops below the ASI value on a day when a previous significant
low swing point was made.
Since only futures have a relative daily limit value, this function only makes sense
when applied to a futures contract. If you use this function and it only plots a zero
flat line, check the Daily Limit value.
Accumulation Swing Index (ASI) The Accumulation Swing Index is a cumulative total of the Swing Index.
The Accumulation Swing Index was developed by Welles Wilder.
The SwingIndex function was developed to help cut through the maze of
Open, High, Low and Close prices to indicate the real strength and direction
of the market. The Swing Index function looks at the Open, High, Low and
Close values for a two-bar period. The theory is that there are four cross-bar
and one intra-bar comparisons that are strong indicators of an up or down day.
The Swing Index returns a number between -100 and 100. If the factors point toward
an up day, then the function value will be positive and vice versa. In this way,
the Swing Index gives us definite short-term swing points, and it can be used to
supplement other methods as a breakout indicator. A breakout is indicated when the
value of the Accumulation Swing Index (ASI) exceeds the ASI value on the day when a
previous significant High Swing Point was made. A downside breakout is indicated when
the value of the ASI drops below the ASI value on a day when a previous significant
low swing point was made.
Since only futures have a relative daily limit value, this function only makes sense
when applied to a futures contract. If you use this function and it only plots a zero
flat line, check the Daily Limit value.
Auction Context Engine ( Value Area, VWAP & Regime)📌 Indicator Name
Auction Context Engine (Value Area, VWAP & Regime)
Short name: ACE Context
🧠 Description
Auction Context Engine (ACE) is a professional market context and structure indicator based on Auction Market Theory.It is designed to help traders understand where the market is positioned, not to generate trade signals.
ACE focuses on:
• Developing Value Area (VAH / VAL)
• Developing Point of Control (POC)
• Session VWAP positioning
• Volatility regime expansion
• Opening Range context
• Failed auction / trap detection
• Market bias and environment quality
This indicator provides context only and is intended to be used alongside a separate execution strategy or system.
🎯 What This Indicator Is
✔ A context engine
✔ A market structure filter
✔ A bias alignment tool
✔ A regime and environment classifier
❌ What This Indicator Is NOT
✘ Not a signal generator
✘ Not a buy/sell system
✘ Not a strategy
✘ Not a profitability promise
📊 How To Use
Use ACE to answer:
• Is price accepting or rejecting value?
• Is the market in balance or expansion?
• Is VWAP supporting or opposing price?
• Is this a breakout environment or a trap?
• Is volatility expanding?
• Is the market trending or ranging?
You may then use your own execution strategy aligned with this context.
🟢 Core Components
Developing Value Area
• VAH / VAL dynamically update through the session
• POC tracks highest traded volume area
VWAP Position
• Above VWAP = bullish bias
• Below VWAP = bearish bias
Opening Range Context
• Detects breakouts or balance after session open
Volatility Regime
• Identifies expansion vs normal conditions
Failed Auction Detection
• Highlights trap conditions near value extremes
Market Quality
• Strong / Mixed / Weak environment classification
Context Table
• Clean 1-column vertical dashboard with color-coded bias
🔵 Visual Elements
• Developing VAH, VAL, POC lines
• Session VWAP
• Small context dots when environment turns READY
• Compact professional context table
⚙️ Settings
• Value Area bin size
• Value area percentage
• Opening range duration
• Regime expansion factor
• Line colors and thickness
• Context table ON/OFF
• Context dots ON/OFF
🧩 Best Use Case
This indicator is ideal for:
• Intraday trading
• Index futures and equities
• Options context filtering
• Trend / range regime identification
• Professional discretionary traders
⚠️ Disclaimer
This script is provided for educational and informational purposes only.It does not constitute financial or investment advice.Trading involves risk. Always use proper risk management.
Scalp Hunter [Scalping-Algo]═══════════════════════════════════════════════════════════════════════════════
🎯 SCALP HUNTER
Precision ATR Momentum System for Fast Timeframes
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📌 OVERVIEW
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Scalp Hunter is a high-accuracy scalping indicator designed specifically for
low timeframe trading (3M, 4M, 5M). It combines ATR-based trailing stops with
multiple confirmation filters to deliver clean, actionable signals.
✅ No Repaint
✅ No Delay
✅ Confirmed Signals Only
✅ Multi-Filter Validation
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⚙️ HOW IT WORKS
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The indicator uses an ATR Trailing Stop as its core engine. When price crosses
the trail line, a potential signal is generated. But here's what makes it
accurate — signals must pass through 4 additional filters:
│
├─ 📊 PRICE ACTION FILTER
│ • Candle must close in signal direction
│ • Body size > 50% of full candle range
│ • Confirms strong momentum, not weak wicks
│
├─ 📈 VOLUME FILTER
│ • Volume must exceed 1.1x of 10-period average
│ • Filters out low-conviction moves
│ • Toggle on/off in settings
│
├─ 📉 EMA TREND FILTER
│ • Long signals: price must be above 21 EMA
│ • Short signals: price must be below 21 EMA
│ • Keeps you trading with the trend
│
└─ 🔥 MOMENTUM FILTER (RSI)
• RSI must confirm direction (>50 for longs, <50 for shorts)
• Avoids overbought/oversold extremes
• Fast 7-period RSI tuned for scalping
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🎨 VISUAL GUIDE
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🟢 GREEN TRIANGLE (▲) = Long Entry Signal
🔴 RED TRIANGLE (▼) = Short Entry Signal
━━ GREEN LINE = Bullish Trail Stop (support)
━━ RED LINE = Bearish Trail Stop (resistance)
🟢 GREEN BARS = Bullish Trend Active
🔴 RED BARS = Bearish Trend Active
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📖 HOW TO USE
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STEP 1: Add to Chart
• Apply indicator to 3M, 4M, or 5M chart
• Works on any liquid market (crypto, forex, stocks, futures)
STEP 2: Wait for Signal
• 🟢 Triangle appears below bar = LONG opportunity
• 🔴 Triangle appears above bar = SHORT opportunity
• Signal fires at bar OPEN (no repaint, you can act immediately)
STEP 3: Entry
• Enter at market or use limit order near signal bar close
• Trail stop line shows your initial stop level
STEP 4: Stop Loss
• Place stop just beyond the trail line
• Long: stop below green trail line
• Short: stop above red trail line
STEP 5: Take Profit
• Option A: Fixed R:R (1:1.5 or 1:2 recommended)
• Option B: Trail your stop using the indicator line
• Option C: Exit when opposite signal appears
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⚡ RECOMMENDED SETTINGS
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For 3M / 4M / 5M (Default - Aggressive Scalping):
• ATR Sensitivity: 0.8
• ATR Length: 8
• RSI Length: 7
• EMA Length: 21
• All filters: ON
For 15M / 30M (Slower Scalps):
• ATR Sensitivity: 1.0
• ATR Length: 10
• RSI Length: 10
• EMA Length: 34
• All filters: ON
For Volatile Markets (Crypto/News Events):
• ATR Sensitivity: 1.2
• ATR Length: 12
• Volume Filter: ON (important!)
• Other filters: ON
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🔔 ALERTS
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Three alert conditions available:
📲 "Scalp Long" → Fires on long entry signal
📲 "Scalp Short" → Fires on short entry signal
📲 "Any Signal" → Fires on both
To set up:
1. Click "Alert" button (clock icon)
2. Select "Scalp Hunter "
3. Choose condition
4. Set notification method (popup, email, webhook, mobile)
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⚠️ RISK DISCLAIMER
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Trading involves substantial risk. This indicator is a tool, not financial
advice. Past performance does not guarantee future results. Always:
• Use proper position sizing
• Set stop losses on every trade
• Never risk more than you can afford to lose
• Backtest before live trading
• Combine with your own analysis
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💡 TIPS FOR BEST RESULTS
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✦ Trade during high-volume sessions (London/NY open)
✦ Avoid signals during major news releases
✦ Confirm with higher timeframe trend
✦ Best results on liquid pairs/assets
✦ Keep all filters ON for highest accuracy
✦ Turn off filters only if you need more signals
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📊 WHAT MAKES THIS DIFFERENT
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Most ATR trailing indicators give too many signals. Scalp Hunter is different:
❌ Other indicators: Signal on every trail cross
✅ Scalp Hunter: Signal only when 5 conditions align
This means fewer trades, but higher probability setups.
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Risk Size Calculator - Indices/Metals This indicator is a universal position sizing tool that automatically calculates how many contracts or units to trade based on your defined dollar risk and stop size, while intelligently adapting to the asset you’re trading.
Key Features
Works on any asset: indices, metals, futures, stocks, crypto, etc.
Auto stop interpretation:
Metals (GC, MGC, SI, SIL, etc.) → Ticks
Everything else → Points
Single stop input (no switching between points/ticks manually)
Auto preset stops per asset class (optional)
Uses TradingView’s native contract data (pointvalue, mintick) for accuracy
Clean, readable top-right panel with:
Risk ($)
Stop (Points or Ticks, auto-labeled)
Contracts / Units
Actual Risk ($)
Optional manual $-per-point override for edge cases or custom instruments
Designed for fast execution with zero mental math and minimal chart disruption.
Simple RSI Strategy - Rule Based Higher Timeframe Trading
HOW IT WORKS
With the default settings, the strategy buys when RSI reaches 30 and closes when RSI reaches 40 .
That’s it.
A simple, rule-based mean reversion strategy designed for higher timeframes , where market noise is lower and trading becomes easier to manage.
Core logic:
Long when RSI moves into oversold territory
Exit when RSI mean-reverts upward
Optional short trades from overbought levels
One position at a time (no pyramiding)
No filters.
No discretion.
Just clear, testable rules.
MARKETS & TIMEFRAMES
This strategy is intended for:
Indices (Nasdaq, S&P 500, DAX, etc.)
Liquid futures and CFDs
Higher timeframes: 2H, 4H and Daily
The published example is Nasdaq (NDX) on the 2-hour timeframe .
Higher timeframes are strongly recommended.
HOW TO USE IT
Apply the strategy on a higher timeframe
Adjust RSI levels per market if needed
Use TradingView alerts to avoid constant screen-watching
Focus on execution, risk control, and consistency
This strategy is meant to be a building block , not a complete trading business on its own.
For long-term consistency, it works best when combined with other uncorrelated, rule-based systems.
IMPORTANT
This is not financial advice
All results are historical and not indicative of future performance
Always forward-test and apply proper risk management
For additional notes, setups and related systems, visit my TradingView profile page .
