FUTURES ScalpV2 PROTECH

Mar 10, 2022

FUTURES ScalpV2 PROTECH system
This indicator is built specifically for fast trading i.e. scalping/intraday in the commodity market or futures market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, and FIBONACCI.
Rebuild of Instrument & Parameter
This indicator is also an upgraded instrument that is sourced from the previous indicator, the COMPLETELY FCPO INDICATOR.
This R&D of course to make trading activities more effective, dynamic and to increase the confidence of traders in current trading activities. The indicator has been upgraded in terms of parameters as well as additional instruments. Among them are;
1. ATR Trailing Stop
2. Exponential Moving Average – fastMA/slowMA Length
3. LabelEntry Price/Stoploss/Takeprofit line
>The best timeframe is 3 minutes
>The take profit and stop loss rates are based on percentages. However
traders can change the percentage rate according to their respective
trading plans.
>existing percentage rates have been set(build-in) specifically for the FCPO
market. So you have to reset for other markets.
>The candle/bars have been colored to make it easier for traders to see price
trends whether in bullish or bearish conditions.

The original instrument has been retained but changed in terms of display & facelift features.
The original indicator (COMPLETELY FCPO INDICATOR) still remains in use and can used together. Hopefully with the combination of these indicators will make traders more successful in trading activities, especially in the futures market.

DISCLAIMER;
ALL NOTES AND INDICATING TOOLS ARE FOR EDUCATIONAL ONLY AND AS A FACILITATOR AND PREPARATION IN TRADING ACTIVITIES. ADMIN IS NOT RESPONSIBLE FOR ANY RISKS IN YOUR TRADING ACTIVITIES. TAKE AT YOUR OWN RISK.

FunTrader/Aieyee @2022

Mar 4, 2023

Release Notes

Major updates;
1. Improve buy & sell signals to reduce noise during a sideways trend.
2. Change the display of price plots that hit take-profit/stop-loss.
3. Added the ema50 line
4. entry price display on the current signal - the last 2 signals
*Please refresh your tradingview, or close the existing SCALPV2 and reinstall / apply again

Refer to the photo below for more information,
AFTER…
The signal was more stable...


change of display- TP/SL triggered price


dotted line-TP/SL, entry price label...

Mar 9, 2023

Release Notes

Minor updates;
Added a value of the price coordinate

Mar 9, 2023

Release Notes

Adjust light mode/clean look

Mar 10, 2023

Release Notes

Minor updates;
Fix error on sell coordinate value

Entry price setup

Jun 3, 2023

Release Notes

minor updates
 added a buy/sell signal for scalping pullback/bounce when in the current trend.
 S yellow = sell, B blue = buy, the SOPs are the same as the existing scalping setup signal "BUY" @ "SELL" > entry on the 2nd bar, SL=15-20
TP=15-20, R : R = 1 : 1

Oct 7, 2023

Release Notes

SCALPV2 UPDATED OCT23
LISTING OF UPDATES

1. Added SUPPLY&DEMAND(SND) KEYLEVEL
2. Insert a trends cloud- easy to identify current trends
3. Resetting the price label

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THE NEW LOOK OF INDICATOR


SOPs of entry strategies
1. Check the current trend referring to the cloud.
2. Monitor the price either in the supply or demand zones.
3. Entries buy if the buy signals at the demand zone, and entries sell when the sell signals at
the supply zone. Entry buy/sell should follow the current trends( cloud ). The time frame
is 3 MINUTES.
4. Stop-loss and take-profit = 0.4%, ratio 1 : 1 ( price label), you also can customize the
target referring to the supply & demand zone.

*other markets etc cryptos, soy, and crude oil, must reset the input of SL/TP percent( % )
because the price value difference causes the percentage value to be different.
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SOPs ENTRY/POSITION




REBOUNCE, PULLBACK, BREAKOUT SIGNAL APPLICATION



Dear users, to apply the new update, go to “invite-only script” and click on the name of the indicator again. So that’s been done.
Hope it’s useful and have a good trade.