PROTECTED SOURCE SCRIPT
Updated DM Scalper Trio
Quick trade plan
Timeframe: works best on 1–15m for scalps.
Market state filter: only trade with VWAP.
Long setup
Trend: Price above VWAP and EMA9 > EMA32.
Trigger: After a small pullback, a candle closes back above EMA9 (or EMA9 crosses up EMA32).
Entry: Market/limit at the close of the trigger candle.
Invalidation (stop): Below the recent swing low or 1.5×ATR(14) below entry.
Target: 1) Fixed R (e.g., +2R), or 2) scale out at +1R and trail the rest with EMA32 or a chandelier stop, or 3) exit if price closes back under VWAP.
Short setup (mirror)
Price below VWAP, EMA9 < EMA32 → pullback → close back below EMA9 (or EMA9 crosses down EMA32).
Stop above swing high or 1.5×ATR(14); targets as above.
Exit on close back above VWAP or opposite signal.
Risk + management
Risk ≤1% of account per trade.
Position size = Account Risk / (Entry – Stop) (mirror for shorts).
Skip trades around major news and low-liquidity times.
Timeframe: works best on 1–15m for scalps.
Market state filter: only trade with VWAP.
Long setup
Trend: Price above VWAP and EMA9 > EMA32.
Trigger: After a small pullback, a candle closes back above EMA9 (or EMA9 crosses up EMA32).
Entry: Market/limit at the close of the trigger candle.
Invalidation (stop): Below the recent swing low or 1.5×ATR(14) below entry.
Target: 1) Fixed R (e.g., +2R), or 2) scale out at +1R and trail the rest with EMA32 or a chandelier stop, or 3) exit if price closes back under VWAP.
Short setup (mirror)
Price below VWAP, EMA9 < EMA32 → pullback → close back below EMA9 (or EMA9 crosses down EMA32).
Stop above swing high or 1.5×ATR(14); targets as above.
Exit on close back above VWAP or opposite signal.
Risk + management
Risk ≤1% of account per trade.
Position size = Account Risk / (Entry – Stop) (mirror for shorts).
Skip trades around major news and low-liquidity times.
Release Notes
Simple rulesGo Long when:
EMA 9 crosses above EMA 21, and
Price is above VWAP (trend filter).
Go Short when:
EMA 9 crosses below EMA 21, and
Price is below VWAP.
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.
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.