OPEN-SOURCE SCRIPT
Updated Happy Trigger Elite
HAPPY TRIGGER ELITE is a high-performance, structural scalping strategy engineered for precision and explosive growth across high-volatility assets. Developed for the QuantCrawler Discord Community, this strategy bridges the gap between sophisticated pivot analysis and aggressive, high-probability execution.
At its core, the strategy utilizes a modified LuxAlgo Ghost Engine to detect "Missed Reversals"—critical zones where the market fails to confirm a new high or low, signaling an imminent structural shift.
🛠️ Key Strategic Pillars
Structural Ghost Detection: Identifies high-probability reversal points by tracking structural failures rather than just price wicks.
Dynamic Trailing Logic: Employs a precise "Trail Activation" system designed to lock in profits while giving trades the necessary "breathing room" to reach extended targets.
Momentum Guard (ATR): Uses an ATR-based volatility filter to ensure the strategy only engages when there is sufficient market participation and "gas in the tank".
RSI Exhaustion Filter: Prevents "chasing" moves by requiring price to be in an overextended state before a reversal entry is considered.
🛡️ Institutional-Grade Risk Management
Built with funded account safety in mind, the strategy includes hard-coded protection features to safeguard your equity:
Daily Circuit Breaker: An automated shutdown occurs if the user-defined Max Daily Loss is reached, preventing significant drawdowns during choppy market conditions.
Visual Session Tracking: Automatically identifies peak volume windows, providing a clear visual guide for optimal trading environments.
Account Buffer Logic: Calibrated to maintain a stable equity curve by balancing aggressive targets with tight risk-to-reward parameters.
Credit: LuxAlgo
Optimized by: MeliMillionaire247
At its core, the strategy utilizes a modified LuxAlgo Ghost Engine to detect "Missed Reversals"—critical zones where the market fails to confirm a new high or low, signaling an imminent structural shift.
🛠️ Key Strategic Pillars
Structural Ghost Detection: Identifies high-probability reversal points by tracking structural failures rather than just price wicks.
Dynamic Trailing Logic: Employs a precise "Trail Activation" system designed to lock in profits while giving trades the necessary "breathing room" to reach extended targets.
Momentum Guard (ATR): Uses an ATR-based volatility filter to ensure the strategy only engages when there is sufficient market participation and "gas in the tank".
RSI Exhaustion Filter: Prevents "chasing" moves by requiring price to be in an overextended state before a reversal entry is considered.
🛡️ Institutional-Grade Risk Management
Built with funded account safety in mind, the strategy includes hard-coded protection features to safeguard your equity:
Daily Circuit Breaker: An automated shutdown occurs if the user-defined Max Daily Loss is reached, preventing significant drawdowns during choppy market conditions.
Visual Session Tracking: Automatically identifies peak volume windows, providing a clear visual guide for optimal trading environments.
Account Buffer Logic: Calibrated to maintain a stable equity curve by balancing aggressive targets with tight risk-to-reward parameters.
Credit: LuxAlgo
Optimized by: MeliMillionaire247
Release Notes
name updateRelease Notes
v.0.1Updated issue with ghost trigger entries
Release Notes
Ghost entried fixed. Code went from Long to BUY and Short to SELLOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.