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First time coding - a 5min forex Scalping strategy This is my first attempt at producing a strategy in Pine Script. I am NOT a professional coder. I'm not even a good coder at that. I've only started Pine Script coding since September 2019. I am teaching myself. This script is far from finished. I need to tweak a number of things about this script. Namely: Add a validity window to the 'trigger bar' condition. Ie, I want to shut down the condition when the price closes above EMA21 Change the order entry so they are stop orders, using the stop entry price derived from the signals Make changes to lot sizing Add a trailing stop condition Comments welcome, but do not expect me to reply to any questions or requests. In fact, don't expect any replies from me. I consider myself notoriously bad at replies. I do welcome any feedback from any seasoned coders out there, as I am still a novice coder, and have so much to learn! As to anyone who wants to criticise me - constructive and helpful criticism are most welcome, criticism to make yourself feel superior to me - you kind can eat a dk. For the strategy rules, google the user ForexSignals TV account and look for the video "SIMPLE and PROFITABLE Forex Scalping Strategy". Share, learn, prosper Peace to y'all Serialhenry 6/11/19
Stratégie Pine Script®
par serialhenry
M waves Mk3 'Magical M's v1 V2 V3 So I forgot this existed so here is the Opened sourced code (pm me for older sorce code there are 600+ Saves)(pm me for other scrips course code too lazy to republish everything) Changes: Simplified and annotated code/upgraded to v4 format as always adjust before using i use this indicator combined with the other frequency one to help me identify time and direction of next move. Pair with rsi Pair with detrended tsi (have unpublished script might share later) ‘Redraw’ safe Slightly detrented(adjustable) to avoid traps quick how to use: Meant as and adjustable indicator to “tune" to personal risk/reward preference Green means buy red means sell arrow indicators for long term sell and buy Highly customizable (candles too) Check out my profile for previous versions they are less customizable but also easier to get started with similar to rsi you want to buy/sell when the indicator turns green/red and lines are as pinched as posible (the lines that are being filled). keep an eye on the other line that moves around ;) if its not matching the other 2 moving averages and the main color indicator chances are its a trap(works both ways) use the candles to help you keep your eye on the indicator when scalping (look at the original post for some color ideas)
Indicateur Pine Script®
par diegogasparm
3
TradingView's Technical AnalysisAll indicators used on the Technical Analysis Summary from TradingView, composed with oscillators and moving averages. Sell and strong sell will represent more indicators showing sell signals. Buy and strong buy will represent more indicators showing buy signals. A white bar will show neutral signal (don't trade). This can be good for binary options or scalping on small time frames, but also very good on higher times for forex. The signal will appear on the candle before, so wait for the new candle to appear to see what direction the signal will indicate.
Indicateur Pine Script®
par ThiagoSchmitz
17
Multi Timeframe Moving Average Collection | Scalp [aamonkey]This is a Multi Timeframe Moving Average Collection (Scalp Edition). Why use it? - Spot cluster of MAs on one chart - See support and resistance - Spot "freefall zones" In the default settings you will get: 20, 100 and 200 MA of the 15min, 1h, 4h, and the 1D chart. The color indicates significance! From weaker to stronger support/resistance: white(15min), green(1h),yellow(4h),red(1D) - Length of the MAs is modifiable - Timeframes of the MAs is modifiable - Which MAs you want to see - Colors
Indicateur Pine Script®
par aamonkey
3
Mossy PopMossy Pop is a variation on the CM Chris Moody Pop 1 that is on the public library. Bars are colored to show when the Pop is red crossing over the blue line turning bullish (Green Buy Bar) or when it is overbought in green turning into blue going bearish (Red Sell Bar) Use with other indicators but can work well on confirming a position on its own. I find it worked best with Heikin Ashi but candles are fine. Use with Mossy ADX DI for quick scalping profit and to confirm Buy/Sell signals!
Indicateur Pine Script®
par mossystump
1
Big Snapper Alerts R2.0 by JustUncleLThis is a diversified Binary Option or Scalping Alert indicator originally designed for lower Time Frame Trend or Swing trading. Although you will find it a useful tool for higher time frames as well. The Alerts are generated by the changing direction of the ColouredMA (HullMA by default), you then have the choice of selecting the Directional filtering on these signals or a Bollinger swing reversal filter. The filters include: Type 1 - The three MAs (EMAs 21,55,89 by default) in various combinations or by themselves. When only one directional MA selected then direction filter is given by ColouredMA above(up)/below(down) selected MA. If more than one MA selected the direction is given by MAs being in correct order for trend direction. Type 2 - The SuperTrend direction is used to filter ColouredMA signals. Type 3 - Bollinger Band Outside In is used to filter ColouredMA for swing reversals. Type 4 - No directional filtering, all signals from the ColouredMA are shown. Notes: Each Type can be combined with another type to form more complex filtration. Alerts can also be disabled completely if you just want one indicator with one colouredMA and/or 3xMAs and/or Bollinger Bands and/or SuperTrend painted on the chart. Warning: Be aware that combining Bollinger OutsideIn swing filter and a directional filter can be counter productive as they are opposites. So careful consideration is needed when combining Bollinger OutsideIn with any of the directional filters. Hints: For Binary Options try ColouredMA = HullMA(13) or HullMA(8) with Type 2 or 3 Filter. When using Trend filters SuperTrend and/or 3xMA Trend, you will find if price reverses and breaks back through the Big Fat Signal line, then this can be a good reversal trade. Some explanation about the what Hull Moving average and ideas of how the generated in Big Snapper can be used: tradingsim.com forextradingstrategies4u.com Inspiration from @vdubus Big Snapper's Bollinger OutsideIn Swing filter in Action:
Indicateur Pine Script®
par JustUncleL
90
Bollinger Awesome Alert R1 by JustUncleLThis indicator is an implementation of the Bollinger Band and Awesome Oscillator Scalping system. This technique is for those who want the most simple method that is very effective. It is BEST traded during the busiest trading hours, 3am to 12am EST NY time. This method doesn't work in sideways markets, only in volatile trending markets. Time Frames: 1, 5, 10, 15 ,30 min. Currency pairs: majors. Other Chart indicators: Add Awesome Oscillator. Optionally Add Squeeze Indicator. Here's the strategy: Going LONG: Enter a long position when the black 3 EMA has crossed up through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zeroline, going up. This is indicated by "Buy" alert. Going SHORT: Enter a short position when the black 3 EMA has crossed down through the Bollinger red middle band MA. At the same time, the Awesome should be approaching or crossing it's zero line, going down. This is indicated by the "Sell" Alert. Take profit: 10-20 pips depending on pair or When Awesome Oscillator turns a different colour. HINTS: Best trades tend to occur when price reversing bounce off outer band and outside the Optional Bollinger Squeeze indication.
Indicateur Pine Script®
par JustUncleL
81
RSI DivergenceThe code originally belongs to Matthew J. Slabosz, the founder of Zen Trading (The Art of Trading). ✍️📈 👉 My contribution and improvement was adding a divergence line directly on the RSI chart. Why? Because most people can’t confirm correctness just by reading the code. 🧑‍💻❌ They need to see it with their own eyes 👀✔️ — this prevents misinterpretation and makes divergences crystal clear. ✨ By adding these visual confirmations, the efficiency and usability of the code has been significantly enhanced. 🚀📊
Indicateur Pine Script®
par scalpingwhisper
1
Worthy Asset StrategyThis strategy is designed with a two-part philosophy: a regime filter and a value-based accumulation approach. 🟩 Regime Filter: If the S&P 500 (SPX) is trading above its 200-period EMA, a green background is shown below the chart, signaling a favorable market regime. If the SPX is below the 200 EMA, the background turns red, indicating a less favorable environment. 📉 Buy Signals: Buy signals are generated by red candles that drop a certain percentage from their open — essentially treating these pullbacks as discount opportunities. The idea is to accumulate more of a selected asset when it becomes temporarily cheaper. 💎 Philosophy & Execution: I only apply this strategy to assets I’ve personally researched and believe to be fundamentally valuable. If a Buy signal occurs and the SPX is trading above its 200 EMA (i.e., the background is green), I enter the position. Once in the trade, I follow this logic: If the position reaches +1.5% profit, I sell it. If it doesn’t reach profit and goes into a loss, I simply hold. I don’t sell at a loss because I believe in the long-term value of the asset. If the price drops further, I accumulate more — aiming to lower my average cost and eventually exit at a profit once the asset recovers. This approach is based on the mindset of treating drawdowns as discounts, not danger. "The more it drops, the more I accumulate — because I see value, not risk." This is still a work in progress, and I’m actively refining it over time. ⚠️ Note: The sell logic is not yet visible on the chart and will be added in a future update.
Indicateur Pine Script®
par scalpingwhisper
Volume USDTName: USDT Volume Bars (Directional Colors) Description: This indicator visualizes trading volume in USDT by multiplying the candle's volume by the average of its open and close prices. The result reflects a more realistic estimation of the traded value per candle. 🟩 Green bars: Bullish or neutral candles (close ≥ open) 🟥 Red bars: Bearish candles (close < open) Useful for spotting high-value inflows and outflows based on actual price-weighted volume.
Indicateur Pine Script®
par ScalpingMafia