PROTECTED SOURCE SCRIPT
Updated DM Scalper Flow

How to enter trades manually
You can use this workflow:
For LONG entries
Wait for the “LONG ▲” bias to appear on the table.
Confirm the candle is bullish (close > open) and above VWAP.
Enter at or near the close of that bar or on a small pullback.
Set stop loss at Bull SL, target at Bull TP from the table.
For SHORT (PUT) entries
Wait for the “PUT ▼” bias.
Confirm the candle is bearish (close < open) and below VWAP.
Enter near the close or next small retracement.
Use Bear SL and Bear TP from the table.
How to interpret the table
Row Meaning Usage
Bull SL / TP ATR-based Stop-Loss and Take-Profit levels for a long Use as your entry plan if you take a long
Bear SL / TP ATR-based levels for a short Use for short entries
Bias “LONG” or “PUT” signal + arrow Follow only when it’s active
You can use this workflow:
For LONG entries
Wait for the “LONG ▲” bias to appear on the table.
Confirm the candle is bullish (close > open) and above VWAP.
Enter at or near the close of that bar or on a small pullback.
Set stop loss at Bull SL, target at Bull TP from the table.
For SHORT (PUT) entries
Wait for the “PUT ▼” bias.
Confirm the candle is bearish (close < open) and below VWAP.
Enter near the close or next small retracement.
Use Bear SL and Bear TP from the table.
How to interpret the table
Row Meaning Usage
Bull SL / TP ATR-based Stop-Loss and Take-Profit levels for a long Use as your entry plan if you take a long
Bear SL / TP ATR-based levels for a short Use for short entries
Bias “LONG” or “PUT” signal + arrow Follow only when it’s active
Release Notes
Understand What the Signal MeansLONG Bias (“▲”) → The 9 EMA crosses above 21 EMA, price is above VWAP, and you get a bullish engulfing candle.
→ This means momentum is shifting bullish.
PUT / Short Bias (“▼”) → The 9 EMA crosses below 21 EMA, price is below VWAP, and you get a bearish engulfing candle.
→ This means momentum is shifting bearish.
Once a LONG signal appears, it remains valid until a candle closes below EMA 9, which means bullish momentum is likely weakening.
The Best Way to Enter
Here’s a structured approach that balances precision and risk control:
Step A — Wait for Confirmation
After the signal prints:
Wait for the next candle to close in the direction of the signal (not just a wick).
Example:
For LONG → candle closes above the engulfing high and stays above EMA 9.
For PUT → candle closes below the engulfing low and stays below EMA 9.
This avoids false breakouts from the crossover candle.
Step B — Entry Trigger
You can use one of these:
Aggressive entry: Enter immediately when the signal appears (on candle close).
Conservative entry: Wait for a small pullback toward EMA 9 and buy the bounce / sell the rejection.
This often gives a tighter stop and better risk-reward.
Release Notes
This indicator helps identify potential LONG (buy) or PUT (sell) opportunities based on:The relationship between two EMAs (9 & 21), and
The appearance of engulfing candles, which confirm momentum.
The goal is to only show a strict signal (no early hints) when both the EMA-cross and an engulfing pattern line up.
How the Signal Logic Works
A. EMA Cross “Arms” the Bias
When EMA 9 crosses above EMA 21, a long bias is “armed.”
When EMA 9 crosses below EMA 21, a put bias is “armed.”
NO SIGNAL, nothing is displayed yet — the system is simply waiting for a confirming candle.
or if you are in a LONG or PUT mode already and the candle closes below or above the ema 9. It is a signal to be vigilant and ready to exit trade if candles continue below or above ema 9.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.