Scalper Bot [Signals]
Scalper Bot is developed for Crypto markets. It has not been tested on forex or any other markets, however it is not limited to Crypto markets.
It can also be used on any trading pair, on any exchange and in any time frame.
Scalper Bot comes complete with 3 alerts:
- LONG: LONG indicates that the market could potentially go up
- SHORT: SHORT indicates that the market could potentially go down
- CLOSE: CLOSE is a trailing stop loss and indicates that the market is no longer moving in the anticipated direction and that the current position should be closed. The same CLOSE signal is used for both LONG and SHORT
When setting up alerts, LONG and SHORT alerts should be set up to give an alert on ONCE PER BAR CLOSE, whereas the CLOSE alert should be set to ONCE PER BAR
Scalper Bot is a margin trading script, and caution should be exercised when using margin trading
Commission in the backtester is set to 0% as each exchange and each trading pair has its own commission structure. Be sure to change this value for backtesting purposes to the required commission.
---INVITE-ONLY SCRIPT---
This is an invite-only script, if you would like to try out this bot, send me a message
Based on 50% of invested amount to be booked at PROFIT level
- Alerts trigger added for Profit taking
Comments:
This added feature increases profitability and decreases draw down
- Buy on OPEN
- Take profit on PROFIT
- Trailing Stop Loss on STOP
- Close on CLOSE
On-screen shows where PROFIT and TRAILING STOP LOSS is
Works on any exchange
Works on any chart
Works in any time frame
- SETUP:
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Less sensitive to settings, can use settings more generally
Time frame is the biggest variable
- TRADE OPEN:
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Better entries and possibility of re-entering the market if stopped out or caught on wrong side of market
- PROFIT TAKING:
===============
Improved profit taking strategy
Backtester results based on 40% at target 1, 30% at target 2, 10% at target 3, 10% at target 4 and 10% on trade close, open to trader's own style
- TRAILING STOP:
===============
Improved trailing stop loss strategy
- ON-SCREEN:
============
Signals script is complete with on-screen targets and trailing stop loss
- ALERTS:
=========
Alerts can be set for:
*open_LONG
*open_SHORT
*close_ALL
*profit_LONG_1
*profit_LONG_2
*profit_LONG_3
*profit_LONG_4
*profit_SHORT_1
*profit_SHORT_2
*profit_SHORT_3
*profit_SHORT_4
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact EbbNFlo_Trading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact EbbNFlo_Trading directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.