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JK Scalp - Nishith Rajwar

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JK Scalp [NR]Nishith Rajwar

Multi-Stochastic Rotation & Momentum Scalping Framework

JK Scalp [NR] is a rule-based momentum and rotation oscillator designed for short-term scalping and intraday execution.
It focuses on how momentum rotates across multiple stochastic speeds, instead of relying on a single oscillator or lagging averages.

This is an execution aid, not a predictive indicator.

🧠 Concept & Originality

Unlike standard stochastic tools, JK Scalp uses four synchronized stochastic layers:

• Fast (9,3) → execution timing
• Medium (14,3) → structure confirmation
• Slow (44,3) → swing context
• Trend (60,10,10) → dominant momentum regime

The core idea is quad-rotation:

High-probability trades occur when all momentum layers rotate together after reaching an extreme.

This script combines:
• Momentum rotation
• Divergence logic
• Flag continuation logic
• Trend-state filtering

into a single cohesive framework, not a simple indicator mashup.

📊 How to Use (Step-by-Step)
1️⃣ Best Timeframes

• Scalping: 1m – 3m
• Intraday: 5m – 15m
• Avoid higher timeframes (not designed for swing holding)

Works best on:
• Index options
• Index futures
• Highly liquid stocks
• Crypto majors

2️⃣ Understanding the Signals
🔁 Quad Rotation (Core Signal)

A valid rotation requires:
• Fast, Medium, Slow, and Trend stochastic moving in the same direction
• Momentum exiting Overbought / Oversold zones
• Trend stochastic supporting the move

This filters out random oscillator noise.

3️⃣ Entry Conditions
🟢 LONG Setup

• Bullish quad rotation
• Either:
– Bullish divergence OR
– Bullish flag pullback
• Fast stochastic turning up

🔴 SHORT Setup

• Bearish quad rotation
• Either:
– Bearish divergence OR
– Bearish flag pullback
• Fast stochastic turning down

⚠️ Signals are confirmation-based, not anticipatory.

4️⃣ SUPER LONG / SUPER SHORT

These appear only when:
• Quad rotation
• Divergence confirmation

They represent high-confidence momentum inflection zones, not guaranteed reversals.

5️⃣ Stop-Loss Visualization

Optional SL zones are plotted using:
• Recent swing high / low
• ATR-based buffer (configurable)

This helps traders visualize risk, not automate exits.

🎨 Visual System (Why It Looks Different)

• Multi-layer glow effects → momentum strength
• Dynamic cloud → fast vs trend dominance
• Color-shifting fast line → acceleration vs decay
• Chart overlays → execution clarity without clutter

Everything is designed for speed and readability during live trading.

⭐ Unique Selling Points (USP)

✅ Multi-speed stochastic rotation (not single-line signals)
✅ Context-first, not signal spam
✅ Built-in divergence + continuation logic
✅ Non-repainting logic
✅ Designed for scalpers, not hindsight analysis
✅ Works across indices, options, crypto, and futures

⚠️ Important Notes

• Not a standalone trading system
• Best combined with:
– Market structure
– Key levels
– Session timing
• Avoid low-liquidity or news-spike candles

This indicator guides execution, it does not replace discretion.

👤 Who This Is For

• Scalpers & intraday traders
• Options traders needing precise timing
• Traders who understand momentum & structure
• Users who want fewer but higher-quality signals

🏁 Summary

JK Scalp [NR] helps you trade momentum rotation, not overbought/oversold myths.

Wait for alignment. Execute with discipline.

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.