OPEN-SOURCE SCRIPT

Scalping Trading System ALERT Crypto and Stocks

This is the alert version of the strategy with the same name.

Indicators
SImple Moving Average
Exponential Moving Average
Keltner Channels
MACD Histogram
Stochastics


Rules for entry
long= Close of the candle bigger than both moving averages and close of the candle is between the top and bot levels from Keltner . At the same time the macd histogram is negative and stochastic is below 50.
short= Close of the candle smaller than both moving averages and close of the candle is between the top and bot levels from Keltner . At the same time the macd histogram is positive and stochastic is above 50.


Rules for exit
We exit when we meet an opposite reverse order.


This strategy has no risk management inside, so use it with caution !
alertcryptoMoving AveragesplotscalpStocksstudyswingTrend Analysis

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.

Want to use this script on a chart?


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