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CryptoScalp v2.1

CryptoScalp is a script that will allow us to identify possible entries while we do scalping, it is not of absolute truth but rather marks us a possible entry, the decision to enter or not is ours!

To use it, just add it to the graph we want to analyze, it has the following values preconfigured:

Bollinger Bands (BB Length): 20
Fast EMA (EMA 0 Length): 13
Slow EMA (EMA 1 Length): 36
EMA 2 (support | resistance): 200
EMA 2 Period (only appears in the configured period, 4h): 240
Volume MA: 10

Playing with these values will allow us to find our strategy.

How does the script work?
Basically, to mark a possible entry, in principle it controls that the Volume exceeds the Average of the configured Volume (Volume MA), and after the fast EMA (EMA 0) crosses over the slow EMA (EMA 1), if these conditions are met, it paints a background bar to identify a simple look at the crossing, and as said at the beginning, the decision is ours!

I hope it will be of help to you as it is being for me!
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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