PolkaD◉T Super-Scalper Strategy

Apr 5

The PolkaDOT Super Scalper Strategy combines precision entry signals with a comprehensive at-a-glance dashboard, designed specifically for futures and crypto scalping on 1-5 minute timeframes. This indicator excels at identifying exhausted buyers and sellers through multiple confluence signals, including Delta($), CCI, Quad Stochastic and MACD, all clearly displayed through an intuitive dot system in the dashboard.

How to Add PolkaDOT Indicator to your Trading View (image)
i.postimg.cc/fbHykNq5/How-to-Add-to-Trading-View.jpg


Key features include contra-reversal signals that identify potential trend reversals when price action becomes exhausted, aided by our Quad Stochastic Grid system for confirmation. The dynamic dashboard uses color-coded dots for instant signal recognition - teal for bullish, orange for bearish, with special concentric dots indicating strong confluence among multiple indicators. Delta analysis tracks real buying/selling pressure, with early buyer signals marked by a '$' symbol, particularly valuable for futures trading. Entry signals are reinforced with clear triangular markers, while our intelligent '+' system identifies optimal moments to add to winning positions.

The indicator includes a smart trend-following system with color-changing signal lines and candles, take-profit targets that adapt to market conditions, and clear exit signals. Each component is designed to work in harmony, providing a complete trading system that maintains discipline while maximizing profitable opportunities in fast-moving markets.

Core Features (Free Version)
Dashboard with At-a-Glance Confluences
Dashboard Shows if Delta, CCI & MACD Agree
Buy/ Sell Labels based on
Confluence.
SMA200, EMA50 plot lines.
Chart labels for weak and
strong price action, Buyers($)
Sellers($) entering.
Add to + Position 'Nudge'
Chop (ATR) to filter noisy signals.
Trendline (SigLine) shows market momentum.
Features in Premium Version
Additional Confluences
PolkaDOT Dashboard Display Option
Bar Coloring Based on Trend Strength
Triple Auto Trendlines (Dynamic)
Matrix for Buy/Sell Combo
Stronger Reversal SCR/LCR Labels
SigBuy/Sell Labels on 1m TF at EMA50
Trend Radius with Fill
Pullback Indicator in Dash
Stronger Direction Status in Dash
Retest of SMA50 Indicator

Strategy Functions (Premium)
Strategy Simulator for Long/Short/TP/SL
with on-chart lines for TP/SL
Alerts for Alarms, Audio, & Email.
Extreme Oversold & Overbought Label
Quad Stochastic Mode for B/S Matrix
Take Profit Labels at Exhaustion Levels

Jul 14

Release Notes

Updates in v33/34

// Version 13 - added RSI overshoot filter protection, fixed defaults
// Version 14 - optimised the trendlines routine and dashboard profits which were consuming high resources
// Version 15 - fixed auto trendlines again, rewrite did not work.
// Version 16 - added Contra Overshoot Filter - and not_contra_short etc , reverted to v12 proft calcs due to slowness, contra overshoot reduced the wins, profit poor
// Version 19 - added sep controls of buy_sig (matrix) and trendline cross entry and exits, these are also refined to check if they work
// Version 20 - added trendline debug plots
// Version 21 - added switch for trendline plots
// Version 22 - added switch for SMA exits if in direction too long , added winlose cup and ratio
// Version 23 - added winlose cup and ratio to dots version , fixed defaults for BTC 15s
// Version 24 - prevent longs below sma200 and shorts above sma200 , added switch use_sma_prevent and shortSmaCondition or longSmaCondition
// Version 25 - changed the rule to longs: low > sma200 and shorts: high < sma200, updated defaults
// Version 26 - added sma buffer and rolled back to previous better performance close > sma200 etc
// Version 27 - buffer was not as good as closing the rogues: Direct SMA-based exit conditions using the same SMA prevent switch to close rogue shorts or longs as they cross the sma200
// Version 28 - rollback to v24, the but kept the switches
// Version 29 - changed min contracts to 0.001
// Version 30 - moved up trend channel and Matrix selection for better settings saving as these are most influential
// Version 31 - short_agreement causing long/short clash, check_element(is_overbought, use_contra) and // Corrected in v31,
// Version 32 - added ema SigBuy SigSell pullback reversals (not sure if useful).
// Version 33/34 - republished to TV

Oct 16

Release Notes

Version 37 update:

- adding extra shorts / longs beased on ema/sma200
- fix defaults for XAU/pepperstone Longs, added optional exit if use_sma_cross_exit and visual_ema to protect against deep reversals (default is off).

Oct 19

Release Notes

v40 - updates for XAUUSD 'Longs Only' Pullback Strategies with 0.14% TP, SL 1.68%
added sigline exit option CHOC and CHOC to the SMA +/- to prevent entries at CHOC , adjust the SigLine Timeframe for 16 for XAU Pepperstone to prevent those deep draw downs.

Also, tweak about with the following for optimal Longs while watching the Dashboard W/L and Profit Factor.

Quad Stoch. Long = 92
Oversold long = 28
Enable Prevent Entries if +/- sma200 and CHOC