Kam+ ScalpingThis study project is a Scalping trading Tool that incorporates the majority of the indicators needed to analyse and scalp Trends for 1min, 5min or 15min charts. Incorporated within this tool are the following indicators:
1. Major industry (Banks) recognised important SMAs
3SMA
2. Kijun Sen+ for entry
3. Atr Stop Loss For Stop Loss Entry/Exit.
Hint:- Use With Rsi Time Frame 15 min Custom, And Volume Flow Indicator For Trade Conformation
Cari dalam skrip untuk "scalp"
MACD Indicator for 5 Min ScalpThis Indicator merges the 1 min MACD with BollingerBands to dedect a bigger than avarage tick on the Macd for the 5 min Scalping Strategy
You can change the length of the bollinger bands for the upper and lower channel individually so that you can get better signals
if a tick is bigger than avarage it will be colored, else it would be gray
this is the same indicator i used to get entrys in my 5 min scalping statagy, but i wouldnt just go in a trade when there is a bigger than usual tick. You have to look at other things to
[2021] SISIv SCALPER V1/0script of a scalping crypto strategy
aim to capture very short reversal on low timeframe
AlphaScalp [Backtest, No RealTime]AlphaScalp tries to find volatility moves and profits from the small pullbacks.
Even though the performance of this script in a fair amount of cases will beat HODL it is not the purpose. AlphaScalp aims for a high accuracy and profitfactor to ensure a more or less stable profit taking.
The properties like " MA Length " and the " Short - " or " Long line % " tweaks the risk by increasing or lowering the requirements for a buy (Long or Short). Close/Exit of each order is then handled by TP, SL or volatility stop.
For high volatility assets it is recommended to use the " Sell LONG on Volatility DOWN " and " Sell SHORT on Volatility UP " to ensure a TA approach for StopLoss. Normal SL is also possible to set but is not recommended on high volatility assets since you quickly can be stopped out by wicks.
AlphaScalp works best on high volatility assets with a solid liquidity and volume - but it will also work on stocks and low volatility assets.
AlphaScalp is designed for scalping and is thereby recommended to use between 5M-1H.
This version is free for your to backtest on all assets - but be aware that alerts on RealTime bars are disabled - meaning you can add alerts but they will not trigger in real time. To ensure you have the latest backtesting results, you need to have the script added to your chart, save your chart and the refresh the page.
Enjoy and please let me know if you have any questions
Intraday FOREX london scalperThis forex System is only for ECN Broker Account.
Pairs: Major with spread < 0.0001 (EUR/USD).
Setup:
Wait for the market to make to 60 minute from the open.
If the market is near the intraday high be prepared to go short
If the market is near an intraday low for the same time period, then be prepared to go long.
Rules for entry
For sell setups: Enter on sell stop 1 pip from low of the last 15 min bar.
For buy setups: Enter in buy stop 1 pip from high of the last 15-minute bars.
Rules for exit
Take profit: Close out positions on 6 pips profit..
Stop Loss: Close out on 5 pips loss or if trade takes more than 1 minute.
Banknifty & Nifty50 ScalperWhy this indicator?
There are full time traders who watch their screens during live market and make good amount of money by actively managing their positions.
There are full time employees also who want to trade but can not do so because they can not monitor their active positions while they are at job.
This indicator helps you execute your trades through third party platforms by generating Buy/Sell messages in a broker-compliant format.
You just need to "Enter Your API Key” in indicator settings and the indicator will generate pop-up messages which can be captured with Google Chrome extension and passed on to your third party platform for execution.
How this indicator works?
The indicator generates trades with 03 type of formulas:
1. It calculates Zeta Force values for Bank Nifty & Nifty based upon our proprietary formula. On reaching certain threshold limits, these values trigger Buy/Sell signals.
2. It calculates 5 type of moving averages along with change in volume and deviation from mean price and when the threshold limit set is crossed, Buy/Sell signals are generated.
3. On 1 min. Time frame, it generates scalping trades when there is sudden spurt in price and volume.
Additionally, indicator also generates automatic Support/Resistance lines based upon pivot points + behaviour of price at certain levels (whether price repeatedly bounces off or sails through a certain area).
What are other features of the indicator
A label displayed at the last bar gives you following information:
(a) Value of India VIX
(b) jump in India VIX (compared to yesterday’s close)
(c) Zeta Fore value (current candle)
(d) V+ and V- which stand for number of bank nifty stocks trading above or below their respective VWAP
(e) Zeta TP, an oscillator whose value varies from -100 to +100
On what stocks or Indices it can be used?
As described above, it specifically tracks volume and price of Bank Nifty & Nifty50 (Indian indices). Hence, it is suitable for both these indices and should not be used on anything else.
Also, when this indicator formulae were back-tested using a strategy, 5 min and 15 min time frames produced best-results.
Support/Resistance lines and over-sold, over-bought indication can be used together to exit your open positions.
CRYPTOPRODear traders,
Welcome to CRYPTOPRO indicator. Only for crypto markets! This is an invite only script, please PM me to request permission for testing and access.
This indicator is developed as a scalping, intraday or swingtrade strategy.
Been working on indicators for years now, now back to trading again and made the best possible indicator for different timeframes.
The indicator uses market data, multiple timeframe ma/rsi charts and price action for determining a long or short strategy.
The indicator does not repaint!
I have made the indicator as easy as possible to use with added background colors.
How to use:
- Long strategy: when background turns to green after bar closing.
- Short strategy: when background turns to red after bar closing.
Alerts:
- Alerts are included in the indicator and are very simple to use.
- Alert "buy" for long strategy (green background)
- Alert "sell" for short strategy (red background)
- The alerts can also be used for automated trading/bot trading.
Time Frames :
- Can be used for all different timeframes.
Chart candles:
- Indicator is to be used with standard prince candles.
Note:
- Trading and financial markets are always risky and unpredictable.
- All trades made based on this indicator and his results are always your own responsibility.
- As an author i will not be held responsible for any of your trading profit or loss. Always be cautious when trading.
Charts can be applied to all TV supported crypto charts.
If you find the indicator usefull share your support and feedback in the comments.
Any questions PM me for more info.Thank you!
DISCLAIMER:
No sharing, copying, reselling, or any other forms of use are authorized for our scripts / strategy, and the information published with them.
This script / strategy is strictly for individual use.
This is not financial or investment advice. Investments are always made at your own risk and are based on your personal judgement.
NYTRADE is not responsible for any losses you may incur. Please trade wisely.
LSMA Wave RiderThe LSMA Wave Rider uses Least Squares Moving Average to make a fast oscillator ideal for scalping lower timeframe charts. Upper and lower bands contract during pullback and expand as it "booms". The perfect entry is the first crossover after bands expand. This is a great tool for entering trades.
The above image shows two examples of perfect entries:
1. The upper and lower bands contract getting tighter as it pulls back.
2. The upper and lower bands then begin to expand as it gets ready to fly.
3. The oscillator crosses over showing entry point.
* Please note that this strategy may not work during major downtrends. *
Oscillator 2 is used to detect diversions. Reduce the number to pick up shorter diversions and increase to 200 to pickup larger diversions.
ES Scalper ver.1.0The strategy is scalping around my mathematical defined S/R on m1 timeframe. The secret sauce here is the formula, other parts of the strategy is quite simple. There is a hard SL to eliminate big losses, though it's 100% win rate on ES. There is no soft SL on this script, so use it with your own risk. The strategy trades two contracts per signal and the pyramid is 2. Change it to whatever you want.
The strategy works well on 1-min ES and GBPAUD but it doesn't mean it will on other assets. Trailing points, trailing offset and timeframe are three parts that you can play with. Do notice that the performance of the backtest doesn't represent the performance of live trading. I don't charge for any price on this script, so you could just give me a DM or an Email if you want to use it.
MAC Trader V2.0 [VK]This script is based on a very simple and affective strategy. Usable for scalp, Trend, Swing, positional Trading. Works on all types of markets(Crypto, Stocks, Commodity, Forex, etc) and symbols.
About The Indicator :
The three lines(Grey upper, Red Mid, Grey Lower) moving with the price direction is Moving average channel (MAC) Which is used to determine the Market Direction. Buy/Sell signals are plotted on RSI Oversold/overbought Which is used For Entries. Small Red Line plotted below the Buy/Sell Signals is Stop loss and The Dotted lines in Green, Grey and Red are the take profit lines.
How to use :
Buy When Buy Signal, Sell When Sell Signal (Entry only After Candle Close). Use The red line below/above signals for Stop Loss. Green Red dotted lines to take profit targets, move your stops above/below as targets hits.
Functions :
Moving Average Channel (MAC) For Direction
RSI for entries
ATR for stops
Support/Resistance Lines to Take Profits
Color candles When Price Above/Below MAC
Additional Feature :
Chop Signals for Scalping/continuation/Mid Entries - This feature can be turned on in the indicator settings Which will plot B/S signals for entries.
TIP : Use MAC input 34,48 for low volatile markets (Indices, Gold , etc)
Welbis buy/sells only 15min /5 scalper trade market trend onlythis script is for scalping when you see green cross and price is above the green line you only look to buy. when you see red cross and price is under red line you only look to sell
Bitcoin (BTC) Scalp / Short-term Short IndicatorThe purpose of this scalping Indicator is to help identifying Sell signals for short term trades on Bitcoin (Spot, Features, etc.) .
This script is working with more indicators and everything is balanced by hard work on (back)testing.
Result for users is a simple signal to SELL.
You can use it as easy indicator in your graph or create alerts.
I have the best results on 1min graph, with leverage and stop-loss feature.
This is my own version of scalping Sell Script / Indicator, which is a combination of few indicators, for example RSI , BB and price levels (actual and average) and works on standard candles.
SELL signal paints above the candle and you can set your target / trailing / stop-loss in the settings and check how it works in Strategy Tester.
Settings of this Indicator:
Take Profit
Stop Loss
Trailing Stop Loss
Trailing Stop Loss Offset
Initial Capital
Base Currency
Order size
Pyramiding
Commissions
Slippage
Average price lines (colors and visibility)
Plot background
These signals can be often observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders.
A Sell signal is defined as the last up candle before a sequence of down candles.
In my trading settings I have more but small positions, one safety limit order (for price averaging = better entry - easier close in profit) and stop-loss.
Sometimes trailing-profit feature have very nice profits.
Settings depends on your own money-management and free capital.
Don't ignore UP / DOWN trend. For UP trend I have an Indicator too (check my profile).
In addition to the upper/lower limits of each line, also average value is marked as this is an interesting area for price interaction and better view.
PM me to obtain access, more informations or support.
NOTICE: By requesting access to this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script.
Bitcoin (BTC) Scalp / Short-term Long IndicatorThe purpose of this scalping Indicator is to help identifying Buy signals for short term trades on Bitcoin (Spot, Features, etc.) .
This script is working with more indicators and everything is balanced by hard work on (back)testing.
Result for users is a simple signal to BUY .
You can use it as easy indicator in your graph or create alerts.
I have the best results on 1min graph, with leverage and stop-loss feature.
This is my own version of scalping Buy Script / Indicator, which is a combination of few indicators, for example RSI, BB and price levels (actual and average) and works on standard candles .
LONG signal paints below the candle and you can set your target / trailing / stop-loss in the settings and check how it works in Strategy Tester .
Settings of this Indicator:
Take Profit
Stop Loss
Trailing Stop Loss
Trailing Stop Loss Offset
Initial Capital
Base Currency
Order size
Pyramiding
Commissions
Slippage
Average price lines (colors and visibility)
Plot background
These signals can be often observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders.
A Buy signal is defined as the last down candle before a sequence of up candles.
In my trading settings I have more but small positions, one safety limit order (for price averaging = better entry - easier close in profit) and stop-loss.
Sometimes trailing-profit feature have very nice profits.
Settings depends on your own money-management and free capital.
In addition to the upper/lower limits of each line, also average value is marked as this is an interesting area for price interaction and better view.
PM me to obtain access, more informations or support.
NOTICE: By requesting access to this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script.
BANK NIFTY | SCALP PROThis indicator is specifically designed for trading Bank Nifty (NSE) for intraday scalping
Today we live in a age of Day trading (~90% trades at the exchange are intra day trades ). This requires set of much sophisticated tools & techniques to analyze the charts.
Description :
This indicator is based on Price Action Theory, Volume Profiles and Moneyflow Analytics. It also incorporates important parameters of the underlying assets such as Banking stocks & key benchmark banking metrics. It shows the bias of the index at any given point of time.
USP: It reacts to changes in price & other critical parameters very fast identifying the best scalping opportunities
How to use ?
Timeframe : Time duration for each bar (Input to given to the indicator by user)
Notations used in the indicator:
B- Signal for Buy
S- Signal for Sell
CS- Close Shorts
CL- Close Longs
BookLong- Book all Longs
BookShort- Book all Shorts
Critical Pivot: This is the thick line which changes color green to maroon to grey. It gives an idea of bias in the market. Green color is for Bullish bias, Maroon for Bearish bias & Grey for Neutral
Swing High: The dynamic green line at the end of the charts
Swing Low : The dynamic red line at the end of the charts
Major uses of the Indicator:
1. Understanding the direction of Bank Nifty and understands levels for entry / exits --- B & S signals
2. Understanding SL levels in order to prevent loss during unforeseen events ------------- Break of the critical pivot( green/maroon line )
3. Understanding Trailing SL levels to hold on to the winners --------------------------------- Break of the Green/Red Line
Ideal Timeframes for this Indicator :
1.Scalping ( 3 min / 5 min/15 mins )
Disclaimer: This script/strategy is for educational purpose and individual use only. The author of this script/strategy will not accept any liability for loss or damage as a result of reliance on the information contained in the charts. Please be fully informed regarding the risks associated with trading the financial markets.
This is a premium indicator
If you want access to this indicator, please message me (Links/Email in description below )
Trade in Real Life - Scalper StudyTrend Following using Channel based Script. Long and Short Entry based on Custom filter to avoid False Signal.
Works best for BankNifty and Nifty and few Indian Stocks.
TTM Scalper Strategy [SystemAlpha]This is a strategy based on TTM scalper indicator. Instead of using just the normal buy and sell signal, we added an option to use trend filters, trailing stop loss and take profit targets.
The TTM scalper indicator of John Carter’s Scalper Buys and Sells was originally created by HPotter and is as a close approximation of the one described in his book Mastering the Trade.
In this study you have a choice of:
Trend Filters:
- Average Directional Index ( ADX ) – buy when price is trend is up and sell when trend is down.
- Moving Average (MA) – buy when price close above the defined moving average and sell when price close below moving average
- Parabolic SAR – buy when SAR is above price is above price and sell when SAR is below price.
- All - Use ADX , MA and SAR as filters
For MA Filter , you can use the “TF MA Type” and "TF MA Period" parameter to select Simple or Exponential Moving Average and length.
Stop Loss:
- Average True Range (ATR) – ATR % stop as trailing stop loss.
- Parabolic SAR ( SAR ) – Parabolic SAR adapted as trailing stop loss.
For ATR , you can use the “ATR Trailing Stop Multiplier” parameter to set an initial offset for trailing stop loss.
Take Profit Target:
- Average True Range (ATR) – ATR % stop as trailing stop loss.
- Standard % – Percent as target profit
For ATR , you can use the “ATR Take Profit Multiplier” parameter to set an initial offset for trailing stop loss.
Additional feature include:
- Show Bar Colors
STRATEGY ONLY:
- Set back test date range
- Set trade direction - Long, Short or Both
- Use timed exit - Select method and bars
- Method 1: Exit after specified number of bars.
- Method 2: Exit after specified number of bars, ONLY if position is currently profitable.
- Method 3: Exit after specified number of bars, ONLY if position is currently losing.
TradingView Links:
Alerts:
How to use:
1. Apply the script by browsing through Indicators --> Invite-Only scripts and select the indicator
2. Once loaded, click the gear (settings) button to select/adjust the parameters based on your preference.
3. Wait for the next BUY or SELL signal to enter the trade!
Disclaimer:
The indicator and signals generated do not constitute investment advice; are provided solely for informational purposes and therefore is not an offer to buy or sell a security; are not warranted to be correct, complete or accurate; and are subject to change without notice.
HFT Divergence Hunter BacktesterDefault Settings are meant to be used in BTC /USDT chart on 5 min time frame on Binance Futures . If you want to use for another asset on another time frame YOU MUST CHANGE THE SETTINGS
This is a divergence finding strategy developed by HFT Research. It is a highly customizable strategy and provides endless opportunities to find profitable trades in the market.
Default Settings are meant to be used in BTC /USDT chart on 5 min time frame on Binance Futures . If you want to use for another asset on another time frame YOU MUST CHANGE THE SETTINGS
This is a divergence finding indicator developed by HFT Research. It is a highly customizable indicator and provides endless opportunities to find profitable trades in the market.
Use Envelope , this is the main decision maker in this strategy. The idea behind is that you choose the length of the moving average and set an offset % to create an upper and lower band. If you click on “display envelope” you will be able to visually see the band you have created. This way, you get to scalp the market as the price is diverging and moving away from the moving average. As the famous saying goes, moving averages act like magnets and prices always visits them back. Using this ideology, we aim to capitilize on the price swings that move away from the chosen moving average by x%.
STARC Bands ;
These are two bands that are applied above and below a simple moving average of an asset’s price. The upper band is created by adding the value of the average true range (ATR) or a multiple of i. The lower band is created by subtracting the value of the ATR from the SMA . The channel can provide traders with ideas on when to buy or sell. During an overall uptrend, buying near the lower band and selling near the top band is favorable. However, from our testing results it does fairly poorly in crypto markets while it does pretty well in traditional markets.
Use RSI ;
One of the most commonly used indicators in the trading world. The idea is simple, buy when its oversold and sell when its overbought. You can use RSI as a secondary confirmation of the dips. It can be turned on and off.
Use MFI
MFI stands for Money Flow Index and it is an oscillator like RSI . However, it does track the price in a different fashion than RSI providing a reliable option. It uses the price and volume data for identifying overbought and oversold signals in an asset.
Use Fisher Transform
Even though, it has a funny name, Fisher is actually a very decent and reliable indicator. It converts the prices into a Gaussian normal distribution channel. Therefore, the indicator detects when the prices have moved to an extreme, based on recent price action.
Use VWAP
VWAP stands for volume weighted average price . It is an extremely useful indicator when trading intra-day. It does reset every trading session which is at 00:00 UTC . Instead of looking at x number of candles and providing an average price, it will take into consideration the volume that’s traded at a certain price and weigh it accordingly. It will NOT give entry signals but act as a filter. If the price is above VWAP will filter out the shorts and other way around for longs.
Use ADX
Average directional index is a powerful indicator when one is assessing the strength of a trend as well as measuring the volatility in the market. Unfortunately, the worst market condition for this strategy is sideways market. ADX becomes a useful tool since it can detect trend. If the volatility is low and there is no real price movement, ADX will pick that up and will not let you get in trades during a sideways market. It will allow you to enter trades only when the market is trending.
Use Super trend Filter
The indicator works well in a trending market but can give false signals when a market is trading in a range.
It uses the ATR ( average true range ) as part of its calculation which takes into account the volatility of the market. The ATR is adjusted using the multiplier setting which determines how sensitive the indicator is.
Use MA Filter
Lookback: It is an option to look back x number of candles to validate the price crossing. If the market is choppy and the price keeps crossing up and down the moving average you have chosen, it will generate a lot of “noisy” signals. This option allows you to confirm the cross by selecting how many candles the price needs to stay above or below the moving average. Setting it 0 will turn it off.
MA Filter Type: There is a selection of moving averages that is available on TradingView currently. You can choose from 14 different moving average types to detect the trend as accurate as possible.
Filter Length: You can select the length of your moving average. Most commonly used length being 50,100 and 200.
Filter Type: This is our propriety smoothing method in order to make the moving averages lag less and influence the way they are calculated slightly. Type 1 being the normal calculation and type 2 being the secret sauce .
Reverse MA Filter: This option allows you to use the moving average in reverse. For example, the strategy will go long when the price is above the moving average. However, if you use the reserve MA Filter, you will go short when the price is above the moving average. This method works best in sideways market where price usually retraces back to the moving average. So, in an anticipation of price reverting back to the moving average, it is a useful piece of option to use during sideway markets.
Use MACD Filter
MACD here will act as a filter rather than an entry signal generator. There are a few different ways to use this MACD filter. You can click on the Use MACD filter and it will use filter out the shorts generated in a bullish territory and longs generated in the bearish territory. It will greatly reduce the number of trades the strategy will trade because MACD is a lagging indicator. By the time MACD turns bullish or bearish , most of the other indicators will have already generated the signals. Therefore, resulting in less trades. You can use MACD filter as MA oscillator meaning that it will only look at the MA lines in MACD to filter out trades. Alternatively, you can use it with the histogram (Signal lines) meaning that it will only look at the histogram whether its below or above the zero line in order to filter out the trades.
TP (%)
Place your desired take profit percentage here. Default is 1.5%
Move SL At Entry x% Profit
This is when the strategy will move your SL to the entry point if the position reaches x% profit. It can also generate a signal which can be automated to adjust the SL on the exchange.
SL (%)
Place your desired stop loss percentage here. Default is 1%
The backtester assumes the following;
- 1000$ capital
- 0.06% commission based on binance
- 1% risk meaning 100% equity on cross leverage
- Backtest results are starting from 2020
If you want to get access to this indicator please DM me or visit our website.
RACEACEACE Ace Pro 2 Minute TD Long ScalperThis indicator is designed for fast high speed scalping on the 2 minute Toronto Dominion Bank chart. It is designed to detect changes of momentum that show oversold conditions ideal for a long trade, providing an notification of "long entry". If it detects changes of momentum towards an overbought market, bringing the long trade to an end, it will provide a notification of "long exit".
Please note that this indicator is not an update to any previously published indicator. It is specifically designed for big trades on the 2 minute Toronto Dominion chart.
To gain access to this indicator, you may send me a direct message via Tradingview.
Satoshi Scalper ToolA little trigger key for an algorithm/system I have developed over the years to confirm wave patterns after a trade idea is made or entered
Can be used as a stand alone so i created this key that will fill in accordance to the signal.
The first 4 rows are the most important and those will be your entry criteria
Once all 4 trigger the space will become shaded
LONG = YELLOW BG
SHORT = RED BG
Cyan/White is BULLISH
Red/Gray is BEARISH
the bottom two rows are your main trend BULL or BEAR in regards to two variables i have chosen
NOW you dont need to listen to these to enter a trade HOWEVER you should treat a counter-trade to main trends as a short day trade or scalp
Added the famous SRSI candles to the script for a visual :)
I also made the settings FIXED
This was developed in Crypto but it works well in all other markets.
To attain access DM me here or on twitter if you follow me there!
CHEERS
inwCoin Sto RSI Bullish/Bearish Divergence + Scalping StrategyStochastic RSI is well-known oscillator indicator for finding potential bottom/top within each timeframe.
Inspired by some dude from twitter that showing how his bot is working. So I tried to write this strategy to work with small timeframe.
After trial and error, I found out that if we take profit by using previous high of lookback period, we still able to make some profit with small TF.
How it work?
---------------
1) This strategy will find the STO RSI bullish or bearish divergence in 15 min timeframe, if found one, it will enter the trade long or short.
2) If price sideway and the candle since last entry is more than "Cooldown period", it will start looking for STO RSI bull/bear divergence again.
3) It will keep pyramid your entry to "max pyramid" option
4) If price close above or below previous high/low from "TP lookback period" option, it will take profit or take loss of that position.
Cautions
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1) The result is good because in the pass 2 months, we enter bull trend for BTC and other crypto.. So chance that we able to close position with profit is alot higher than loss.
2) But if trend change. This scalping strategy is dangerous to use, because you will take loss down and your loss will build up every single day. ( Make sure to filter trend first )
3) I tried with bear trend with short trade, and it seem profitable. ( But you'll bankrupt if you run long scalp in downtrend, and vise versa )
Alert?
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I also have alert version of this strategy, if you want to use, please let me know.
Bybit SHORT ETHUSD SCALPER - M15ETHUSD ByBit Scalping System detects trends. System opens only SHORT positions on 15 Minute Timeframe only.
Dont use it on any other coins or any other timeframes or any other direction.
Coin : ETHUSD
Exchange : ByBit
Direction : Short
Timeframe : M15
This System is developed for our institutional client who may further retail it.
Enthusiasts Crypto Scanner Fib Pivots ScalperThis indicator prints Fibonnaci Pivots directly derived from price action, it only prints in the daily timeframe which makes it the perfect tool scalp long or short orders in support or resistence levels.
