This is a Scalping indicator primarily intended for the 5 minute time frame.
It is based on the Crypto Scalping YouTuber Joel on Crypto's popular 5 minute scalping strategy and this is the indicator he personally use when Scalping.
This is a Multi-timeframe indicator where if you use it on the 5 minute time frame, the MACD Histogram bars will be based on the 1 minute timeframe.
The purpose of this indicator is not to trade it like a bot. The purpose is to grab the traders attention a time where there COULD be a scalping opportunity.
Hey! Finally my new 5 Minute scalping indicator is LIVE on TradingView! Comment if you have any questions or ideas of improvement.
All the best, Joel on Crypto
starski911
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@joeloncrypto, Thank you for sharing 👍 Much appreciated!
timharris1980
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@joeloncrypto, well done again mate! Let's hope everyone has some great success with it
Slick_SiD
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@joeloncrypto, Joel we all know there’s a ocean of YouTube trading channels out there but your is truly one of the most authentic and huge congrats on starting up your website to help all of us first of all. But wow man this indicator is really awesome. My previous issue with your scalp strategy was that the MacD ticks you sighted really felt like they were based on your personal interpretation and I had trouble eyeballing the same way but this indicator leaves very little to interpret. I’ve been successfully trading a variation of your strategy and just wanted to say thank you.
daitarn69
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@Slick_SiD, Hello, very interesting, could you please tell me your variation of strategy? Thank you
mycrypto073
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hello joel, First of all, thank you very much for this profitable indicator. According to you it is for 5 minutes but can I use it in 1 minute timeframe? Have you backtested this indicator in 1 minute?
polyslyme
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Great indicator. Be awesome to seperate out the up tick for long and down tick alert for bear. Currently just a single option for either way.
Comment if you have any questions or ideas of improvement.
All the best,
Joel on Crypto