FUTURES ScalpV2 PROTECH

This indicator is built specifically for fast trading i.e. scalping/intraday in the commodity market or futures market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, and FIBONACCI.
Rebuild of Instrument & Parameter
This indicator is also an upgraded instrument that is sourced from the previous indicator, the COMPLETELY FCPO INDICATOR.
This R&D of course to make trading activities more effective, dynamic and to increase the confidence of traders in current trading activities. The indicator has been upgraded in terms of parameters as well as additional instruments. Among them are;
1. ATR Trailing Stop
2. Exponential Moving Average – fastMA/slowMA Length
3. LabelEntry Price/Stoploss/Takeprofit line
>The best timeframe is 3 minutes
>The take profit and stop loss rates are based on percentages. However
traders can change the percentage rate according to their respective
trading plans.
>existing percentage rates have been set(build-in) specifically for the FCPO
market. So you have to reset for other markets.
>The candle/bars have been colored to make it easier for traders to see price
trends whether in bullish or bearish conditions.
The original instrument has been retained but changed in terms of display & facelift features.
The original indicator (COMPLETELY FCPO INDICATOR) still remains in use and can used together. Hopefully with the combination of these indicators will make traders more successful in trading activities, especially in the futures market.
DISCLAIMER;
ALL NOTES AND INDICATING TOOLS ARE FOR EDUCATIONAL ONLY AND AS A FACILITATOR AND PREPARATION IN TRADING ACTIVITIES. ADMIN IS NOT RESPONSIBLE FOR ANY RISKS IN YOUR TRADING ACTIVITIES. TAKE AT YOUR OWN RISK.
FunTrader/Aieyee @2022
1. Improve buy & sell signals to reduce noise during a sideways trend.
2. Change the display of price plots that hit take-profit/stop-loss.
3. Added the ema50 line
4. entry price display on the current signal - the last 2 signals
*Please refresh your tradingview, or close the existing SCALPV2 and reinstall / apply again
Refer to the photo below for more information,
AFTER…
The signal was more stable...
change of display- TP/SL triggered price
dotted line-TP/SL, entry price label...
LISTING OF UPDATES
1. Added SUPPLY&DEMAND(SND) KEYLEVEL
2. Insert a trends cloud- easy to identify current trends
3. Resetting the price label
=============================================
THE NEW LOOK OF INDICATOR
SOPs of entry strategies
1. Check the current trend referring to the cloud.
2. Monitor the price either in the supply or demand zones.
3. Entries buy if the buy signals at the demand zone, and entries sell when the sell signals at
the supply zone. Entry buy/sell should follow the current trends( cloud ). The time frame
is 3 MINUTES.
4. Stop-loss and take-profit = 0.4%, ratio 1 : 1 ( price label), you also can customize the
target referring to the supply & demand zone.
*other markets etc cryptos, soy, and crude oil, must reset the input of SL/TP percent( % )
because the price value difference causes the percentage value to be different.
=======================================
SOPs ENTRY/POSITION
REBOUNCE, PULLBACK, BREAKOUT SIGNAL APPLICATION
Dear users, to apply the new update, go to “invite-only script” and click on the name of the indicator again. So that’s been done.
Hope it’s useful and have a good trade.
1. Redefinition of bullish and bearish trend parameters as entry signals.
2. Provides three takeprofit levels and a stoploss based on ATR multiplier and volatility.
3. Make the display clean and less cluttered.
4. The main objective is to make it easier for users to apply signals and strategies more easily
and effectively.
Bullish/bearish signals, entry price, stoploss, and take profit levels.
Before
After
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi TraderAsist secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.
Penafian
Skrip jemputan sahaja
Hanya pengguna yang diberikan kebenaran oleh penulis mempunyai akses kepada skrip ini dan ini selalunya memerlukan pembayaran. Anda boleh menambahkan skrip kepada kegemaran anda tetapi anda hanya boleh menggunakannya selepas meminta kebenaran dan mendapatkannya daripada penulis — ketarhui lebih lanjut di sini. Untuk lebih butiran, ikuti arahan penulis di bawah atau hubungi TraderAsist secara terus.
TradingView tidak menyarankan pembayaran untuk atau menggunakan skrip kecuali anda benar-benar mempercayai penulisnya dan memahami bagaimana ia berfungsi. Anda juga boleh mendapatkan alternatif sumber terbuka lain yang percuma dalam skrip komuniti kami.
Arahan penulis
Amaran: sila baca panduan kami untuk skrip jemputan sahaja sebelum memohon akses.