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TTM Scalper Alert — Real-Time Pivot Detector
Description:
This is a custom implementation of the classic TTM Scalper Alert, adapted to show early pivot detection and trend structure tracking in real-time. The script identifies potential highs and lows before the full pivot confirmation—giving traders an early edge—and removes outdated signals once pivots are confirmed.
It supports two levels of detection:
Fast Alert Pivots: Identified after Alert Period candles confirm a local reversal.
Confirmed Pivots: Validated only after Pivot Period candles on both sides ensure a true swing high/low.
How It Works:
Fast Detection (Early Pivots):
Detected after Alert Period (AP) candles. These are provisional signals, shown as triangle labels (▲▼) near current price. Only the latest signal is shown; previous fast pivots are deleted to avoid clutter.
Confirmed Pivots:
Detected with a full lookback of Pivot Period (PP) on both sides of the candle. Shown using plotshape with triangle markers (▲▼). Serve as anchors for price structure analysis (HH-HL or LL-LH tracking).
Custom Source Option:
Users can choose to base pivots on High/Low or Close/Open range. Helps adjust sensitivity depending on volatility or bar structure.
How to Interpret:
Trend & Market Structure:
Use Confirmed Pivots (plotshapes) to analyze market structure:
Watch for breaks in structure for possible reversals
Early Alerts:
The floating labels (▲▼) represent early warnings of a potential pivot. Use them to anticipate:
Inputs:
Source: Choose from High/Low or Close/Open — affects how pivots are calculated
Alert Period: How fast the script detects an early reversal pattern (used for entry timing)
Pivot Period: How many candles before/after to confirm a full pivot (used for structural analysis)
Best For:
Pro Tips:
Combine this with:
Adjust Alert Period to tune early signal sensitivity (lower = faster but noisier)
Description:
This is a custom implementation of the classic TTM Scalper Alert, adapted to show early pivot detection and trend structure tracking in real-time. The script identifies potential highs and lows before the full pivot confirmation—giving traders an early edge—and removes outdated signals once pivots are confirmed.
It supports two levels of detection:
Fast Alert Pivots: Identified after Alert Period candles confirm a local reversal.
Confirmed Pivots: Validated only after Pivot Period candles on both sides ensure a true swing high/low.
How It Works:
Fast Detection (Early Pivots):
Detected after Alert Period (AP) candles. These are provisional signals, shown as triangle labels (▲▼) near current price. Only the latest signal is shown; previous fast pivots are deleted to avoid clutter.
Confirmed Pivots:
Detected with a full lookback of Pivot Period (PP) on both sides of the candle. Shown using plotshape with triangle markers (▲▼). Serve as anchors for price structure analysis (HH-HL or LL-LH tracking).
Custom Source Option:
Users can choose to base pivots on High/Low or Close/Open range. Helps adjust sensitivity depending on volatility or bar structure.
How to Interpret:
Trend & Market Structure:
Use Confirmed Pivots (plotshapes) to analyze market structure:
- HH → HL: Uptrend
- LL → LH: Downtrend
Watch for breaks in structure for possible reversals
Early Alerts:
The floating labels (▲▼) represent early warnings of a potential pivot. Use them to anticipate:
- Short-term exhaustion
- Quick scalping entries
- Divergence setups
Inputs:
Source: Choose from High/Low or Close/Open — affects how pivots are calculated
Alert Period: How fast the script detects an early reversal pattern (used for entry timing)
Pivot Period: How many candles before/after to confirm a full pivot (used for structural analysis)
Best For:
- Traders who follow price action and structure
- Scalpers and intraday traders who want early signals
- Anyone using pivot highs/lows for confluence with other tools (like RSI divergence, Bollinger Bands, VWAP, etc.)
Pro Tips:
Combine this with:
- Trend Magic or Supertrend for directional bias
- Volume spike filters to confirm reversal intent
- RSI/CCI divergence to strengthen reversal pivots
Adjust Alert Period to tune early signal sensitivity (lower = faster but noisier)
Nota Keluaran
TTM Scalper Alert — Real-Time Pivot DetectorDescription:
This is a custom implementation of the classic TTM Scalper Alert, adapted to show early pivot detection and trend structure tracking in real-time. The script identifies potential highs and lows before the full pivot confirmation—giving traders an early edge—and removes outdated signals once pivots are confirmed.
It supports two levels of detection:
Fast Alert Pivots: Identified after Alert Period candles confirm a local reversal.
Confirmed Pivots: Validated only after Pivot Period candles on both sides ensure a true swing high/low.
How It Works:
Fast Detection (Early Pivots):
Detected after Alert Period (AP) candles. These are provisional signals, shown as triangle labels (▲▼) near current price. Only the latest signal is shown; previous fast pivots are deleted to avoid clutter.
Confirmed Pivots:
Detected with a full lookback of Pivot Period (PP) on both sides of the candle. Shown using plotshape with triangle markers. Serve as anchors for price structure analysis (HH-HL or LL-LH tracking).
Custom Source Option:
Users can choose to base pivots on High/Low or Close/Open range. Helps adjust sensitivity depending on volatility or bar structure.
Pivot Points Shape:
- Triangle (▲▼)
- Label (H/L)
How to Interpret:
Trend & Market Structure:
Use Confirmed Pivots (plotshapes) to analyze market structure:
- HH → HL: Uptrend
- LL → LH: Downtrend
Watch for breaks in structure for possible reversals
Early Alerts:
The floating labels (▲▼) represent early warnings of a potential pivot. Use them to anticipate:
- Short-term exhaustion
- Quick scalping entries
- Divergence setups
Inputs:
Source: Choose from High/Low or Close/Open — affects how pivots are calculated
Alert Period: How fast the script detects an early reversal pattern (used for entry timing)
Pivot Period: How many candles before/after to confirm a full pivot (used for structural analysis)
Pivot Points Shape:
- Triangle (▲▼)
- Label (H/L)
Best For:
- Traders who follow price action and structure
- Scalpers and intraday traders who want early signals
- Anyone using pivot highs/lows for confluence with other tools (like RSI divergence, Bollinger Bands, VWAP, etc.)
Pro Tips:
Combine this with:
- Volume spike filters to confirm reversal intent
- RSI/MACD divergence to strengthen reversal pivots
Adjust Alert Period to tune early signal sensitivity (lower = faster but noisier)
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.