OPEN-SOURCE SCRIPT
US30 Scalping Strategy 5 min chart
Strategy Overview
Timeframe: 5-minute chart
Stop Loss: Previous candle’s high/low (1 candle SL)
Take Profit: 30 pips
Indicators:
Exponential Moving Averages (EMA): 9 EMA and 21 EMA for trend direction
Relative Strength Index (RSI): For momentum confirmation
Timeframe: 5-minute chart
Stop Loss: Previous candle’s high/low (1 candle SL)
Take Profit: 30 pips
Indicators:
Exponential Moving Averages (EMA): 9 EMA and 21 EMA for trend direction
Relative Strength Index (RSI): For momentum confirmation
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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