PROTECTED SOURCE SCRIPT
Alex Scalper with Volatility Check

Alex Scalper with Volatility Check - Script Description
This Pine Script indicator is a comprehensive scalping strategy designed for short-term trading with built-in risk management and volatility filtering.
Key Features:
📊 Core Strategy:
Uses VWAP (Volume Weighted Average Price) as the primary trend filter
Employs Stochastic oscillator for entry timing (oversold/overbought conditions)
Generates buy signals when price is above VWAP with stochastic momentum
Generates sell signals when price is below VWAP with stochastic reversal
🛡️ Risk Management:
Volatility Protection: Automatically pauses trading during high volatility periods using ATR and Bollinger Band width analysis
Multi-Target System: Three take-profit levels (10, 15, 25 points) for progressive profit-taking
Fixed Stop Loss: 20-point stop loss protection
Position Sizing: Dynamic lot size adjustment based on win/loss performance
⏰ Trading Hours:
Restricted to US market hours (9:30-11:30 AM and 2:00-4:00 PM EST)
Prevents trading during low-liquidity periods
🔔 Alert System:
Real-time buy/sell alerts with complete trade information
Includes entry price, stop loss, take profit levels, and position size
Ready for automated trading integration
📈 Visual Elements:
Green triangles for buy signals below price bars
Red triangles for sell signals above price bars
Orange volatility warning labels during high-risk periods
This script is ideal for traders seeking a systematic approach to scalping with built-in protection against volatile market conditions.
This Pine Script indicator is a comprehensive scalping strategy designed for short-term trading with built-in risk management and volatility filtering.
Key Features:
📊 Core Strategy:
Uses VWAP (Volume Weighted Average Price) as the primary trend filter
Employs Stochastic oscillator for entry timing (oversold/overbought conditions)
Generates buy signals when price is above VWAP with stochastic momentum
Generates sell signals when price is below VWAP with stochastic reversal
🛡️ Risk Management:
Volatility Protection: Automatically pauses trading during high volatility periods using ATR and Bollinger Band width analysis
Multi-Target System: Three take-profit levels (10, 15, 25 points) for progressive profit-taking
Fixed Stop Loss: 20-point stop loss protection
Position Sizing: Dynamic lot size adjustment based on win/loss performance
⏰ Trading Hours:
Restricted to US market hours (9:30-11:30 AM and 2:00-4:00 PM EST)
Prevents trading during low-liquidity periods
🔔 Alert System:
Real-time buy/sell alerts with complete trade information
Includes entry price, stop loss, take profit levels, and position size
Ready for automated trading integration
📈 Visual Elements:
Green triangles for buy signals below price bars
Red triangles for sell signals above price bars
Orange volatility warning labels during high-risk periods
This script is ideal for traders seeking a systematic approach to scalping with built-in protection against volatile market conditions.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.