AnchorPulse RWAP Universal Scalper

What it is
AnchorPulse Scalper is an intraday indicator that reads price in real time through three ideas working together.

A live pivot engine that detects the current micro leg.

An Anchored Range Weighted Average Price that starts at each new leg or session.

An adaptive rhythm score that communicates a simple bias: Buy, Sell, or Wait.

The goal is clarity. You get one anchor line, soft bands that show stretch, discrete Buy and Sell marks, and a plain-language dashboard that says Trend, Phase, Bias, Momentum, Volatility, Stretch, ETA to next turn, and Regime. No external dependencies and no lookahead. It is designed for standard chart types on one to five minute timeframes across liquid symbols such as major FX, index futures, large cap stocks, and mainstream crypto pairs.

What makes it original
Most scalpers either track a fixed moving average or draw from a session VWAP. AnchorPulse does neither. The anchor resets at every new micro leg detected by a real time pivot engine that measures distance in units of ATR rather than in fixed points. This produces a responsive anchor that updates only when the market proves a leg has turned. On top of that, the rhythm timer keeps an average of how long legs usually last, so the indicator can treat the start and the end of a leg differently. Early in a leg it favors continuation signals. Late in a leg it watches for mean reversion. This mix of an ATR-based leg detector, a leg-anchored RWAP, and a rhythm aware bias is the core originality.

Plain explanation of the calculations

Pivot engine. While price travels up, the script tracks the highest high reached since the last pivot. If price pulls back from that extreme by at least a user defined fraction of ATR, the leg flips down. The reverse applies to down legs. The distance threshold is adaptive because ATR changes with volatility. A short cooldown in bars can prevent double flips on violent bars.

Anchored Range Weighted Average Price. From the first bar of each new leg the script accumulates a weighted average of the typical price, where the weight is the true range of each bar. The anchor can also reset at the start of a session and can ignore the very first session bar to avoid overweighting the open gap.

Progress and phase. The script measures how far price traveled from the last pivot relative to the reversal threshold. That is progress. At the same time it maintains an exponential average of leg duration in bars. The current leg age divided by that average is the age ratio. An age ratio below an adaptive early threshold means Early. Above an adaptive late threshold means Late. The thresholds drift with recent variability in leg length so they match the rhythm of the market.

Wick pressure and intrabar skew. Lower wick minus upper wick, normalized by ATR and smoothed, acts as tape pressure. The sign of close minus open, smoothed, is intrabar skew. They are combined into a compact momentum read.

Bands and stretch. The script computes the deviation of typical price from the anchor and builds soft bands around the anchor. Standard deviation is capped by a multiple of mean absolute error to avoid inflated bands just after a pivot.

Regime filter. You may optionally gate continuation entries when the higher timeframe EMA disagrees, or gate reversals when ADX shows strong trend.

Adaptive edge score. Progress and momentum are turned into percentile scores using a normal CDF of their rolling z scores. This yields a familiar zero to one hundred scale that is easier to read than raw values. Early in an up leg adds a small bonus to long bias. Early in a down leg adds a small bonus to short bias.

Gap cap. Signals are rejected if price is too far from the anchor. The cap is expressed as a fraction of price, which scales across symbols.

What you see on the chart
One white anchor line. Two transparent bands. Subtle green or orange background when a bias is active. Buy marks below bars and Sell marks above bars. Small triangles at pivots. Bar tint softly aligned with momentum. A compact table in the corner that tells you the state in plain language. On alert, a single JSON line can be sent to your alert channel with ticker, timeframe, trend, phase, bias, edge score, stretch, ETA in bars, and regime note.

How to use it in practice

Choose a liquid symbol and a one to five minute timeframe.

Keep the mode on Hybrid until you learn the personality of the market. If you notice long directional pushes, try Continuation mode. If you see frequent fades near the end of legs, try Reversal mode.

Read the table. Trend shows Up or Down according to the current leg. Phase shows Early, Mid, or Late from the rhythm timer. Bias shows Buy, Sell, or Wait once the signal rules and the gap cap are satisfied. Momentum reads Strong Up, Neutral, or Strong Down from wick pressure and skew. Volatility shows Calm, Average, or Wild relative to an ATR baseline. Stretch vs anchor prints the distance between close and the anchor as a percent of price. ETA shows how many bars remain to the average leg length if such a read is meaningful. Regime reflects the optional gate: None, HTF Up, HTF Down, Strong, or Soft.

Focus on the anchor. Continuation longs are stronger when price holds above the anchor in the first part of an up leg with positive momentum and adequate progress. Continuation shorts are the mirror case below the anchor. Reversal longs are stronger when a down leg is late, price crosses the anchor, and momentum flips positive. Reversal shorts are the mirror case in late up legs.

Respect the gap cap. When price is stretched far away from the anchor, skip signals and wait for re-alignment or a fresh leg.

Keep the chart clean. The script is designed to work on its own. If you add other tools, make sure they do not paint multiple backgrounds or heavy drawings that obscure the anchor and the bands.

Inputs explained with practical defaults
The script ships with sensible defaults and all inputs provide tooltips inside the indicator. The description here is included so traders who do not read code can still understand how to tune it.

Signal mode. Continuation uses early leg logic. Reversal uses late leg logic at anchor crosses. Hybrid allows both and lets the edge score decide.

ATR length and Pivot reversal in ATR. These govern flips. Shorter ATR and smaller reversal multiples yield faster turns and more signals. Longer and larger do the opposite. A middle ground such as ATR 50 with reversal 0.75 often reads well across liquid markets.

Rhythm smoothing length and Freeze bars after flip. The first sets how quickly the average leg length adapts. The second prevents double flips on wide bars. Values around 20 and 1 to 3 bars work well for most symbols.

Session hours, Session reset, and Skip first session bar. These are optional. Day sessions in equities can benefit from a reset and from skipping the first bar so the anchor is not dragged by the open gap. Round the session to your venue.

Wick pressure length and Intrabar skew length. They control how quickly the micro momentum reacts. Values between 6 and 12 for wick pressure and 4 to 10 for skew are common.

Early and Late thresholds and the Adaptive option. If you turn adaptation on, the thresholds drift with leg variability. The adaptiveness setting controls the strength of that drift.

Minimum progress and Maximum stretch vs anchor. The first ensures that continuation signals only occur once the leg moved a minimum distance from the last pivot. The second prevents chasing far from the anchor. As a rule, raise minimum progress when the market chops and reduce it on trend days. Keep stretch around one to two percent for many symbols, then adjust by product.

Regime filter. Higher timeframe EMA supports trend alignment. ADX supports a simple read on the strength of trend. Use one at a time or none, depending on your preference.

Adaptive scoring lookback. The percentile logic needs a modest window. Values near one hundred twenty bars tend to give stable ranks without lagging too much.

Band settings. Band length and width control the look of the soft channel around the anchor. The cap versus mean absolute error is there to keep the bands realistic just after flips.

Visual controls. Pick labels, triangles, or circles, and choose to mark only state changes if you prefer a very clean chart.

Why the dashboard uses plain language
Many traders prefer to reason in simple terms rather than in raw values. The table abstracts the math into natural categories such as Early versus Late, Calm versus Wild, or Strong Up versus Strong Down. The only numeric reads are Stretch and Edge score because these help in threshold decisions. Stretch is a percent of price so it scales across markets. Edge is a normalized score from zero to one hundred that reflects the combined progress, momentum, and phase. The table is intended to be the only element you need to glance at during a fast session once you learn the anchor and the band cues.

Design choices and integrity

No repaint. The script uses bar closes and standard Pine semantics with lookahead off in security calls. There are no offset tricks that move plotted values after the fact.

One background painter. Background tint is created by a single call to avoid vertical stripes.

Reset logic is explicit. The anchor resets at a pivot or at session start if that option is enabled. This is written to be transparent so you know why the anchor restarted.

Conservative defaults. Out of the box, the script is not tuned to over trade. It communicates bias rather than forcing entries.

Clean chart guidance. The tool is meant to be used on standard bars or candles. It is not intended for synthetic chart types such as Heikin Ashi, Renko, Kagi, Point and Figure, or Range for the purpose of signal generation.

How to read a few common situations

Breakout with strong follow through. Trend reads Up. Phase reads Early. Momentum reads Strong Up. Stretch sits inside the band. Bias shows Buy. This is the typical continuation long.

Extended push into exhaustion. Trend reads Up. Phase reads Late. Momentum cools. Stretch prints a high positive percent of price. Bias flips to Wait, sometimes to Sell after an anchor cross. This is the potential reversal short.

Mean reverting chop. Trend flips often. Phase hangs around Mid. Momentum flips sign frequently. Stretch hovers near zero. Bias often prints Wait. In this case you let the market speak and only act when the leg matures or when stretch spikes away from the anchor.

Trend day with strength. ADX filter reads Strong. Continuation is allowed. Reversal attempts are blocked. Bias favors the dominant direction.

Session open. If you selected a session reset and chose to skip the first bar, the anchor starts at the second bar and the first prints do not dominate the anchor.

Limits and realistic expectations
This indicator measures leg structure and micro pressure to suggest a bias. It is not a self-contained trading system. It does not size positions, pick stops, or set take profits. It does not promise accuracy or profits. In violent markets the pivot detector can flip and then flip back. Cooldown reduces this effect but cannot remove it. During news and illiquid hours the anchor can move very quickly. Wide slippage and spread can make any intraday approach impractical. These are standard realities of intraday trading and they also apply here.

Suggested workflows

Discretionary scalper. Keep the chart clean. Use the table to decide whether to engage, then work entries at the anchor or inside the band. Focus on position risk and a predefined stop level independent of the script.

Session specialist. If you trade a venue with strong sessions such as US equities or major FX sessions, enable the session reset. Many traders find the tool shines in the first two hours and the last hour of an active session.

Multi timeframe monitor. Keep AnchorPulse on one to five minutes and a simple higher timeframe EMA on a separate chart. If you prefer a single chart, switch the regime filter to HTF Trend and let the indicator handle it.

Alert driven workflow. Create alerts on Buy or Sell. The payload contains the essential context so you can log and review. Use the payload fields to build a small notebook of cases you like to take.

Why it is published as protected
The script contains original logic that relies on a compact set of calculations not commonly seen together. Publishing as protected keeps the logic intact while still giving the community full access through the Public Library.


Frequently asked questions

Does it repaint
No. The pivot flips on confirmed bars using ATR distance. The anchor, bands, and dashboard read from that state and do not shift after the bar closes.

What settings should I change first
Try the reversal distance in ATR and the minimum progress. These two govern how active or selective the tool becomes. If you see too many flips, raise the ATR multiple or the freeze bars. If you want faster action, lower them slightly.

What is a reasonable stretch cap
One to two percent of price is a useful starting point for many symbols. Thin products may need a larger cap. Extremely liquid products can often work with a smaller cap.

Should I use the regime filter
On days with persistent trend, the higher timeframe EMA filter or the ADX filter can help keep you with the flow. On rotational days, consider turning the filter off to allow more two sided action.

Can I use it on higher timeframes
The logic works on any timeframe, but the design and defaults target one to five minutes. If you go higher, adjust the ATR length, reversal distance, and rank lookback accordingly.

Can I combine it with volume
Yes. A simple volume filter that marks above average volume near the anchor can help you time entries. Keep the chart readable.

Risk notice and user responsibility
This indicator is a tool for research and education. It does not give investment advice, trade recommendations, or any guarantee of outcomes. All trading carries risk including the loss of capital. Past performance is not a reliable guide to future results. You are solely responsible for your trading decisions, for verifying that the indicator behaves as you expect on your data and platform settings, and for selecting appropriate risk controls such as position sizing, stops, and loss limits.

Summary
AnchorPulse Scalper is a concise way to read the market’s current leg, its anchor, and its rhythm. The pivot engine tells you direction. The leg-anchored RWAP shows where value sits for this micro move. The adaptive score simplifies momentum and progress into a familiar scale. The dashboard translates complex calculations into the plain words that scalpers actually use. If you prefer simple signals, enable alerts and let them flow into your log. If you prefer context, watch the anchor and bands as the leg evolves and let the rhythm guide your timing. Use it respectfully on a clean chart, stay realistic, and keep your own rules for risk.