VWAP & EMA NQ Scalper

Key Features:
-Trend Detection: Uses a combination of EMA fast, EMA slow, and EMA filter to identify the overall market direction.
-VWAP Filter: Confirms that trades align with the volume-weighted average price for better trend accuracy.
-Momentum Confirmation: RSI and MACD indicators help detect overbought/oversold conditions and strong momentum shifts.
-Volume Filter: Optional filter to ensure entries occur only during periods of meaningful market activity.
-Intraday Scalping: Targets short-term price movements with configurable exit strategies including profit target, stop loss, and trailing stop.
-Time Management: Trades only during specified intraday hours with end-of-day automatic position closure.
-Visual Signals: Long/short entries and trend direction are plotted clearly on the chart for quick interpretation.
-Info Panel: Displays current position, P&L, trade count, win rate, RSI, trend, and market status directly on the chart.
Usage Notes:
The script is optimized for intraday trading and scalping. It is intended for educational and analytical purposes; results may vary depending on market conditions.
Users can configure the number of contracts, EMA periods, RSI levels, profit targets, stop losses, and trailing parameters to suit their trading preferences.
Risk Management: Designed to use one contract per trade with realistic slippage (3 points) and commission ($3 per order) to reflect actual trading conditions.
Access Instructions:
This is a closed-source, invite-only script. To request access, please contact the author via private message or send an email at linoilbot1@gmail.com. Access will be granted after verification.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AlgoLino directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact AlgoLino directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.