OPEN-SOURCE SCRIPT

Scalp This

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Key Features and Components:

The indicator is built around a multi-layered approach, drawing on diverse aspects of price action and volume analysis:

Core Inputs & Goal:

Goal: Predict short-term (1-10 second) price direction. This means it must be run on the lowest available timeframe (e.g., 1-second or 1-minute chart, as it analyzes minute-to-minute changes).

lookback (Default 8): The period used for various moving averages and extreme detection (micro highs/lows).

sensitivity (Default 1.0): Controls the threshold for generating a signal. A lower value requires the predictionScore to be less extreme to trigger an 'Up' or 'Down' signal.

Advanced Features: It includes toggles for specialized components like ML Pattern Recognition, Tick Flow Analysis, and Liquidity Zone Detection, even though the "ML" part is purely algorithmic and not actual machine learning (Pine Script doesn't support true ML).

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