Super Scalper - 5 Min 15 Min

Mar 22, 2022

This strategy is based on RSI and ATR Bands which works better in 5 and 15 Mins time frame.
Perform enough back testing with 1:2R before using in real time.

Entry only on trade on screen symbols, use additional buy/sell alerts to book profit or to trail SL.

I have also added Golden Cross Over of 65 and 21 EMA to have confirmation on trend.

Mar 31, 2022

Release Notes

Hi All,

I have added additional custom ATR length and ATR multiplier for your convenience and also added moving average function with RMA, SMA, EMA and WMA.
The trade on symbol will be based on which moving average you select, so please select a moving average which is giving highest profits.

Caution:- only use trade on chart signals to enter the trade and use alternate signals to book profit or trail SL

May 19, 2022

Release Notes

Updates:-

• Updated the script to pine script version 5.
  Changed trend confirmation from single RSI to Double RSI to increase the profitable percentage.
  Removed default 50 qty from strategy, now you can any qty.
  Added options to select length of RSI and EMAs
  

Note:-

• 
  EMAs doesn't affect the strategy, it is just for confirmation.
  Back test this strategy on paper trading before trading in real time.
  I recommend to keep settings to default for any dynamic stock/currency/crypto/index.
  

May 19, 2022

Release Notes

Corrected the bug from previous version for EMA Lengths.