Championship Scalper [Trend & Trap]

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Championship Scalper
Overview This is a high-precision scalping indicator designed to capture Liquidity Traps (Swing Failure Patterns). It waits for price to "sweep" a key level (grabbing stop losses) and immediately reverse, signaling that smart money has entered the market.

How it Works (The "Confluence" Engine) A signal is only generated when four specific conditions align perfectly:

The Trap: Price must sweep a Swing High or Low and close back inside the range (rejection).

The Trend: Trades are only taken in the direction of the dominant trend (using a 200 EMA).

Price > EMA = Longs only.

Price < EMA = Shorts only.

The Momentum (RSI): Prevents buying tops or selling bottoms.

Longs: RSI must be trending UP and sitting in the bullish zone (30-60).

Shorts: RSI must be trending DOWN and sitting in the bearish zone (60-30).

The Confirmation (CVD): Verifies the move with Order Flow (Cumulative Volume Delta) to ensure hidden volume supports the reversal.

Visual Signals

Green Triangle (▲): Bullish Signal. Validated dip-buy opportunity.

Red Triangle (▼): Bearish Signal. Validated short-sell opportunity.

Dashboard A mini-panel in the bottom right displays the current Trend Status (Bullish/Bearish) and the exact price levels of the most recent active Swing Highs and Lows.

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Nota Keluaran

Here is a summary of the Championship Scalper [Trend & Trap] script from the Canvas:

Core Strategy This is a trend-following scalping indicator designed to identify Liquidity Traps (also known as Swing Failure Patterns). It waits for price to fake a breakout (sweep a high or low) and immediately reverse, signaling a high-probability entry used by "smart money."

Key Components & Filters

Trend Filter (EMA 200): Ensures you only trade with the dominant trend.

Longs are only enabled when Price is above the 200 EMA.

Shorts are only enabled when Price is below the 200 EMA.

Momentum Filter (RSI): Prevents buying tops or selling bottoms.

Longs: RSI must be trending UP and within the bullish zone (30-60).

Shorts: RSI must be trending DOWN and within the bearish zone (60-30).

Volume Confirmation (CVD): Uses Cumulative Volume Delta to check for divergence. For a valid signal, the Order Flow (buying/selling pressure) must contradict the price movement (e.g., Price makes a lower low, but CVD makes a higher low).

Features

Visual Signals: displays Green Triangles for Longs and Red Triangles for Shorts directly on the price chart.

Built-in Backtester: A simulation engine tracks every signal based on your configurable Risk:Reward Ratio and Risk Per Trade ($).

Live Dashboard: A table in the bottom-right corner displays:

Current Market Trend (Bullish/Bearish).

Active Liquidity Levels (Last Pivot High/Low).

Live Win Rate and Net Return ($) based on the strategy settings.

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Nota Keluaran

I have updated the Championship Scalper [Trend & Trap] script to reflect realistic futures position sizing.

Update Summary:

Fixed Contract Sizing:

Old Logic: Assumed you could risk exactly $100 per trade (fractional contracts).

New Logic: Uses a "Fixed Contract Size" input (e.g., 1 contract). This accurately simulates trading instruments like NQ or ES where you cannot trade less than 1 contract, regardless of how wide the stop loss is.

Realistic PnL Calculation:

The Net Return is now calculated as: (Exit Price - Entry Price) * Point Value * Number of Contracts.

It automatically detects the point value (e.g., $20 for NQ, $50 for ES) to give you accurate dollar returns based on the points captured.

Dashboard Update:

The "Net Return" row now reflects the profit/loss based on holding the fixed number of contracts specified in the settings.