Scalper 1.1

Conceived by Lerin K S in May 2020.This is one of the best trend analysis indicator in the market. The green line indicate an uptrend red line represents downtrend. This indicator display Buy Sell signal at the trend change.The accuracy of the indicator can be adjust for different time frames from the settings.

Notes de version:

Customised signal settings to adapt with multiple time frame.

Notes de version:

Simplified user setting window

Notes de version:

Updated with weak signal detection and narrow range identification. When a weak signal comes in,check the next two candles and enter.

Notes de version:

Modified internal signal calculation

Notes de version:

Weak signal detection does not mean that the upcoming trend is weak, but the entry point must be checked. Once a weak signal is received, the incoming candles must be analyzed for proper entry.

The stoplos and target must be in the color change of the signal

Notes de version:

Updated the setting parameters.

Notes de version:

The settings have been modified due to confusion in the weak and strong signal.

Notes de version:

Updated the percentage for gap detection.

Notes de version:

The settings have been updated. There will be four default settings and one custom setting. We can adjust the signal with different types of stocks compared to historical behavior.

Notes de version:

Updated main trend. Entry needs to be confirmed along with the main trend.

Notes de version:

Updated with alert system and weak trend analysis.

Notes de version:

Improved window adjustment.

Notes de version:

Internal algorithm updated

Notes de version:

Algorithm updated

Notes de version:

Added regression trend to the script, which will help you find strong and weak call signal

Notes de version:

Updated the script with buy / sell values and linear regression.

Notes de version:

Settings updated.

Notes de version:

Internal Modification

Notes de version:

Updated the signal line

Notes de version:

Updated parameters based on stock type. The modification is be based on a back test conducted on Nifty 50 stocks

Notes de version:

Updated the script

Notes de version:

Updated the script with sell and buy signal at the bar close.

Notes de version:

Updated the signal line.

Notes de version:

Updated the settings window

Notes de version:

With the new version, you can do algorithmic trading with Fyers and Alice Blue. The signal line has been updated and the single setting will match any type of stocks.The configuration window is simplified

Notes de version:

Algorithmic trading stop loss and target updated.

Notes de version:

Algorithmic logic updated.

Notes de version:

Updated algorithmic logic.

Notes de version:

Small modification on signal period.

Notes de version:

Updated the script with multiple time frame candle plotting facility. The current time frame can plot the candle of another time frame.

Notes de version:

Updated Target and Stoploss for Configuration Screen and Algorithm Trading.

Notes de version:

Updated alarm settings.

Notes de version:

Updated the parameter screen and target setting method for forex and equity.

Notes de version:

Updated the signal line and target and stoploss for algorithmic trading.

Notes de version:

Updated with highlighted main trend.

Notes de version:

Updated the trend color.

Notes de version:

Updated long and short entry point for algorithm trading based on candle closure position, linear regression line and moving average line position.

Notes de version:

Updated the script with the main trend of the green and red background. One can take Position by confirming the signal and main Strength Behavior.


Contact us using the links below to get access to this indicator

Notes de version:

Updated algorithmic trading exit conditions.

Notes de version:

Updated the main trend based on the multi time frame analysis.

Notes de version:

Updated the highlighting option and algo trading conditions.

Notes de version:

The script updated with parameter settings for algo trading.

Notes de version:

Updated th bar color in chart based on the trend. Option available in setting to reset the bar color.