Megalodon Pro Scalper — Indicator by MegalodonTrading

oscillator centeredoscillator volatility megalodonpro scalper automatedtrader

It is designed to find scalping opportunities. It combines Megalodon Pro Shorter Term Trader and another momentum tool to enter and exit positions.

Usage
Follow the green and red color changes to buy and sell, respectively. You may also set your alarms and start automate your trading via alarms.

Settings

Setting 1 defines the trend. Possible options are up, down, sideways. Default: "Sideways"
Setting 2 defines how many bars to wait for looking for a momentum buy or sell signal after a buying opportunity has been found in Megalodon Pro Shorter Term Trader to enter or exit. Default: 16 bars to look after
Setting 3 defines time frame to look for a buy and sell signal. This setting is used for setting up alarms. Default: 15 bars

Enlightening the modern investors
~Bo Bugra Sukas

Use the links below at the signature part to get access to these indicators.

Release Notes:

Added more settings.
Improvements on the UI.
Updated default settings to Sideways market.

Release Notes:

Updated default settings.

Release Notes:

bug fixes

Release Notes:

New version Updated

Release Notes:

Version 103 update.

Telegram Here t.me/bugrasukas

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact MegalodonTrading for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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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