OPEN-SOURCE SCRIPT

MarginRockets 5 Mins Ultimate Scalp v1

5 Mins Scalp on any Pair:


-Model Components:
a.EMA 200
b.VWMA 20
c. ADX
d.DI+/DI-
e.Volume ansd Average Volume

- The Model will give you the Buy/Sell signal but you have to consider:
a.The Candlestick patterns
b.How far the candle from the ema200(Blue line)
c.The vwma can be used as supporting indicator

-Trading Rules:
a.Leverage 10x
b.Take profit always: 2% (20% with leverage)
b.Stop loss is last swing high or low

Hoe all teh best for all of you!!!!!
Candlestick analysisChart patterns

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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