PROTECTED SOURCE SCRIPT
Teckmann Ribbon Scalper
A scalping indicator is a technical tool designed to provide quick, high-probability trade signals in short timeframes, typically 1–5 minutes. It identifies immediate market opportunities by detecting rapid price movements, trend direction, and potential reversals. Common features include moving average crossovers, momentum oscillators, and price action patterns, often enhanced with visual cues like arrows or alerts for instant buy or sell entries. The goal is to maximize small, frequent profits while minimizing exposure to market noise.Follow the signal at the close of 2nd or 3rd candle after the ribbon changes.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.