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Sniper Scalper

An aggressive scalping indicator designed for short timeframes.

Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas

The TD numbers 8 and 9 signal a possible turning point, especially if these are coloured yellow.

The green and red areas indicate potential stop loss positions.

This indicator can be used on its own; but for best timed entries I recommend combining it with an oscillator such Stochastics.

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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