OPEN-SOURCE SCRIPT
Telah dikemas kini ChopFlow ATR Scalp Strategy
A lean, high-velocity scalp framework for NQ and other futures that blends trend clarity, volume confirmation, and adaptive exits to give you precise, actionable signals—no cluttered bands or lagging indicators.
⸻
🔍 Overview
This strategy locks onto rapid intraday moves by:
• Filtering for directional momentum with the Choppiness Index (CI)
• Confirming conviction via On-Balance Volume (OBV) against its moving average
• Automatically sizing stops and targets with a multiple of the Average True Range (ATR)
It’s designed for scalp traders who need clean, timely entries without wading through choppy noise.
⸻
⚙️ Key Features & Inputs
1. ATR Length & Multiplier
• Controls exit distances based on current volatility.
2. Choppiness Length & Threshold
• Measures trend strength; only fires when the market isn’t “stuck in the mud.”
3. OBV SMA Length
• Smoothes volume flow to confirm genuine buying or selling pressure.
4. Custom Session Hours
• Avoid overnight gaps or low-liquidity periods.
All inputs are exposed for rapid tuning to your preferred scalp cadence.
🚀 How It Works
1. Long Entry triggers when:
• CI < threshold (strong trend)
• OBV > its SMA (positive volume flow)
• You’re within the defined session
2. Short Entry mirrors the above (CI < threshold, OBV < SMA)
3. Exit uses ATR × multiplier for both stop-loss and take-profit
⸻
🎯 Usage Tips
• Start with defaults (ATR 14, multiplier 1.5; CI 14, threshold 60; OBV SMA 10).
• Monitor signal frequency, then tighten/loosen CI or OBV look-back as needed.
• Pair with a fast MA crossover or price-action trigger if you want even sharper timing.
• Backtest across different sessions (early open vs. power hours) to find your edge.
⸻
⚠️ Disclaimer
This script is provided “as-is” for educational and research purposes. Always paper-trade any new setup extensively before deploying live capital, and adjust risk parameters to your personal tolerance.
⸻
Elevate your scalp game with ChopFlow ATR—where trend, volume, and volatility converge for clear, confident entries. Happy scalping!
⸻
🔍 Overview
This strategy locks onto rapid intraday moves by:
• Filtering for directional momentum with the Choppiness Index (CI)
• Confirming conviction via On-Balance Volume (OBV) against its moving average
• Automatically sizing stops and targets with a multiple of the Average True Range (ATR)
It’s designed for scalp traders who need clean, timely entries without wading through choppy noise.
⸻
⚙️ Key Features & Inputs
1. ATR Length & Multiplier
• Controls exit distances based on current volatility.
2. Choppiness Length & Threshold
• Measures trend strength; only fires when the market isn’t “stuck in the mud.”
3. OBV SMA Length
• Smoothes volume flow to confirm genuine buying or selling pressure.
4. Custom Session Hours
• Avoid overnight gaps or low-liquidity periods.
All inputs are exposed for rapid tuning to your preferred scalp cadence.
🚀 How It Works
1. Long Entry triggers when:
• CI < threshold (strong trend)
• OBV > its SMA (positive volume flow)
• You’re within the defined session
2. Short Entry mirrors the above (CI < threshold, OBV < SMA)
3. Exit uses ATR × multiplier for both stop-loss and take-profit
⸻
🎯 Usage Tips
• Start with defaults (ATR 14, multiplier 1.5; CI 14, threshold 60; OBV SMA 10).
• Monitor signal frequency, then tighten/loosen CI or OBV look-back as needed.
• Pair with a fast MA crossover or price-action trigger if you want even sharper timing.
• Backtest across different sessions (early open vs. power hours) to find your edge.
⸻
⚠️ Disclaimer
This script is provided “as-is” for educational and research purposes. Always paper-trade any new setup extensively before deploying live capital, and adjust risk parameters to your personal tolerance.
⸻
Elevate your scalp game with ChopFlow ATR—where trend, volume, and volatility converge for clear, confident entries. Happy scalping!
Nota Keluaran
Adds EMA and default settings to trading one contractNota Keluaran
• Added visual background shading on entry bars (green for longs, red for shorts).• Plotted horizontal entry lines spanning 5 bars at the entry price.
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.
Sincerely,
Dr. Alex Djahankhah
thefuturesplaybook.com
X: @futuresplaybook
Youtube: @Thefuturesplaybook
Facebook: thefuturesplaybook
IG: thefuturesplaybook
Dr. Alex Djahankhah
thefuturesplaybook.com
X: @futuresplaybook
Youtube: @Thefuturesplaybook
Facebook: thefuturesplaybook
IG: thefuturesplaybook
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.
Sincerely,
Dr. Alex Djahankhah
thefuturesplaybook.com
X: @futuresplaybook
Youtube: @Thefuturesplaybook
Facebook: thefuturesplaybook
IG: thefuturesplaybook
Dr. Alex Djahankhah
thefuturesplaybook.com
X: @futuresplaybook
Youtube: @Thefuturesplaybook
Facebook: thefuturesplaybook
IG: thefuturesplaybook
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.