OPEN-SOURCE SCRIPT
Scalp System
# Scalp System
A premium scalping system designed specifically for 2-minute charts, combining multiple timeframe analysis with trend-based trading decisions. This indicator helps identify high-probability scalping opportunities through color-coded moving averages and their crossovers.
## Strategy Overview
### Entry Signals
- ONLY trade LONG when price is above RED line
- ONLY trade SHORT when price is below RED line
- Primary entry: BLUE/GREEN crosses
- Strong trend confirmation: YELLOW/PURPLE crosses
### Best Practices
1. Trade with the trend (follow RED line direction)
2. Wait for price pullbacks of faster lines
3. Combine crosses with support/resistance levels
4. Use smaller targets
5. Quick exits on failed breakouts
6. Monitor volume for confirmation
### Color Guide
- YELLOW: Fast trend identifier
- BLUE: Very short-term momentum (1min)
- GREEN: Short-term momentum (3min)
- RED: Trend filter
- PURPLE: Strong trend baseline
### Risk Management
- Place stops beyond the RED line
- Scale out at key levels
- Use 1:1.5 minimum risk/reward
- Avoid trading during major news
- Reduce position size in choppy markets
### Best Trading Hours
- Most effective during first 2 hours after market open
- Good opportunities during power hour (last hour)
- Avoid lunch hour chop (11:30-1:30 EST)
## Tips
- Less is more - wait for clean setups
- Respect the RED line as your trend filter
- Multiple timeframe confirmation increases success rate
- Use crosses as triggers, not absolute signals
- Practice in simulator before live trading
A premium scalping system designed specifically for 2-minute charts, combining multiple timeframe analysis with trend-based trading decisions. This indicator helps identify high-probability scalping opportunities through color-coded moving averages and their crossovers.
## Strategy Overview
### Entry Signals
- ONLY trade LONG when price is above RED line
- ONLY trade SHORT when price is below RED line
- Primary entry: BLUE/GREEN crosses
- Strong trend confirmation: YELLOW/PURPLE crosses
### Best Practices
1. Trade with the trend (follow RED line direction)
2. Wait for price pullbacks of faster lines
3. Combine crosses with support/resistance levels
4. Use smaller targets
5. Quick exits on failed breakouts
6. Monitor volume for confirmation
### Color Guide
- YELLOW: Fast trend identifier
- BLUE: Very short-term momentum (1min)
- GREEN: Short-term momentum (3min)
- RED: Trend filter
- PURPLE: Strong trend baseline
### Risk Management
- Place stops beyond the RED line
- Scale out at key levels
- Use 1:1.5 minimum risk/reward
- Avoid trading during major news
- Reduce position size in choppy markets
### Best Trading Hours
- Most effective during first 2 hours after market open
- Good opportunities during power hour (last hour)
- Avoid lunch hour chop (11:30-1:30 EST)
## Tips
- Less is more - wait for clean setups
- Respect the RED line as your trend filter
- Multiple timeframe confirmation increases success rate
- Use crosses as triggers, not absolute signals
- Practice in simulator before live trading
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.