Buy Sell Sniper Entry Background (based on EP Script by RedK)
Is this one of the most precise Buy Sell Indicators?
Only you can tell!
Based on the EP script by RedK EVEREX this indicator will color your background directly in your chart. Clean, easy, simple.
I did not alter any of their logic, nothing.
Looking for an even more precise entry option?
How about combining it with my first Background Indicator based on Williams Alligator.
The Candle coloring is based on this TUE ADX script
Happy Sniper Trading!
Indicators and strategies
5-Min Scalping Indicator (EMA + VWAP)5-Min Scalping Indicator (EMA + VWAP)
Strategy Logic (for 5-min timeframe):
Long Entry: Price above VWAP, EMA Fast crosses above EMA Slow.
Short Entry: Price below VWAP, EMA Fast crosses below EMA Slow.
Exit: On opposite EMA cross or trailing stop (optional for strategy).
How to Use:
Apply this on a 5-minute chart.
Look for buy signals when:
Fast EMA crosses above Slow EMA.
Price is above VWAP.
Look for sell signals when:
Fast EMA crosses below Slow EMA.
Price is below VWAP.
Combine with price action or volume confirmation for best results.
RISK MANAGEMENT CALCULATOR V3📊 RISK MANAGEMENT CALCULATOR – Lot Size, Profit & R:R Tool
This script is designed to help traders instantly calculate lot size, expected profit, and risk/reward ratio based on their trade plan.
✅ Features:
Input your Risk Amount ($), Entry, Stop Loss, and up to 3 Take Profits
Calculates:
✅ Lot Size based on risk
✅ Split profits per TP level (equally weighted)
✅ Total Profit & Risk/Reward (R:R)
Displays everything in a clean bottom-right table
Optimized for both:
🖥️ Desktop mode (larger layout)
📱 Mobile mode (toggle compact view)
💡 How to Use:
Enter your planned Entry, Stop Loss, and Risk Amount
Set any TP1, TP2, or TP3 prices (set TP to 0 if not used)
The system will auto-compute your ideal lot size and show estimated profits
🔧 Parameters:
Risk Amount ($) – how much you’re willing to lose
Entry Price – your trade entry
Stop Loss Price – your SL level
Take Profit 1/2/3 – optional TP targets
Pip Value – profit/loss per point for 1 standard lot
📱 Mobile Mode – compact the table for small screens
🔐 Notes:
No trades are executed – this is a risk planning tool only
Designed for all markets (forex, gold, indices, crypto)
TP profits are equally split (e.g. 2 TP = 50% / 50%)
Hunting Bollinger Bands for scalping📌 Bollinger Band Reversal BUY/SELL Indicator
Name: Hunting Bollinger Bands for scalping
Purpose: Displays reversal signals for short-term scalping in range-bound markets.
Target Users: Scalpers and day traders, especially for trading Gold (XAU/USD).
Recommended Target: Works well for scalping approximately $3 price movements on Gold.
Core Logic:
Detects excessive price deviation using Bollinger Bands (±2σ).
Filters out excessive signals with a bar interval limiter.
Displays clear and simple BUY/SELL labels for entry timing.
📌 Signal Conditions
BUY
Price closes below the Lower Bollinger Band.
At least the specified number of bars has passed since the previous signal.
Displays a “BUY” label below the bar.
SELL
Price closes above the Upper Bollinger Band.
At least the specified number of bars has passed since the previous signal.
Displays a “SELL” label above the bar.
📌 Parameters
Parameter Description Default
Bollinger Band Length (bbLength) Period for Bollinger Band calculation 20
Standard Deviation (bbStdDev) Standard deviation multiplier for band width 2.0
Signal Interval (barLimit) Minimum bar interval to avoid repeated signals 10
📌 How to Use
Add the indicator to your chart; Bollinger Bands and BUY/SELL labels will appear.
When a signal appears, confirm price reaction and enter a scalp trade (around $3 for Gold is recommended).
Adjust the “Signal Interval (barLimit)” to control signal frequency.
Avoid using it during high-impact news events or strong trending markets.
📌 Best Market Conditions
Range-bound markets
Scalping small price movements (~$3)
Low-volatility sessions (e.g. Asian session for Gold)
📌 Notes
May generate frequent signals during strong trends, leading to potential losses.
Can be combined with other indicators (e.g. 200 MA, RSI, VWAP) for higher accuracy.
Signals are for reference only and should not be used as the sole trading decision factor.
📌 ボリンジャーバンド逆張りBUY/SELL インジケーター解説
名前:Hunting Bollinger Bands for scalping
目的:レンジ相場での短期的な反発を狙った逆張りシグナルを表示
対象ユーザー:スキャルピングやデイトレードで、特にゴールド(XAU/USD)での小幅な値動きを狙うトレーダー
推奨利幅:ゴールドでおよそ 3ドル前後 を目安にスキャルピングを行うと有効
メインロジック:
ボリンジャーバンド(±2σ)で過剰な価格乖離を検出
バー間隔フィルターで過剰シグナルを制御
BUY/SELLラベルで視覚的にシンプルなエントリーポイントを表示
📌 シグナル条件
BUY(買いシグナル)
現在価格が ボリンジャーバンド下限(Lower Band)を下回った時
前回シグナルから指定したバー数以上経過
この条件を満たした場合、ローソク足下に「BUY」ラベルを表示します。
SELL(売りシグナル)
現在価格が ボリンジャーバンド上限(Upper Band)を上回った時
前回シグナルから指定したバー数以上経過
この条件を満たした場合、ローソク足上に「SELL」ラベルを表示します。
📌 パラメータ
項目 説明 初期値
ボリンジャーバンド期間 (bbLength) ボリンジャーバンド計算の期間 20
標準偏差 (bbStdDev) バンド幅を決める標準偏差 2.0
シグナル間隔 (barLimit) シグナルの連続表示を防止する最小バー間隔 10
📌 使い方
インジケーターをチャートに追加すると、ボリンジャーバンドとBUY/SELLラベルが表示されます
シグナルが出たら、反発確認後にスキャルピングエントリー(ゴールドなら約3ドルを目安に)
「シグナル間隔(barLimit)」を調整して、シグナルの過剰表示を防ぐ
経済指標発表や強いトレンド発生時は使用を控える
📌 このインジケーターが向いている相場
レンジ相場
小さな値幅(約3ドル前後)を狙うスキャルピング
トレンドが弱い横ばいの時間帯(例:アジア時間のゴールドなど)
📌 注意点
強いトレンド相場では、逆張りシグナルが連続的に発生し、損切りが増える可能性あり
200MAやRSI、VWAPなど他の指標と組み合わせることで精度を高められる
シグナルは参考用であり、単独での売買判断は推奨されない
Smart EntrySmart Entry, has been made after going through multiple variations of codes to arrive at a simple structure where one can control the number of signals the indicator throws out via the indicator parameters. Recommended time frame is 5 minutes.
Gap Forecast Signals with Success Ratio(Mastersinnifty)Description
This indicator forecasts potential market direction based on price gaps at market open. It identifies gap-ups and gap-downs, color-codes background conditions, and displays forecast labels for the next session. Additionally, it evaluates the historical accuracy of its forecasts using a rolling success ratio.
How It Works
Compares the current open price to the previous close to calculate a percentage gap.
Classifies the gap as bullish, bearish, or neutral based on a user-defined threshold.
At the end of each day, the forecast is compared to the actual price movement to assess success.
Displays key statistics: success ratio, sample size, and correct/total count.
Visual cues include background colors, forecast labels, and optional table display.
Alerts can be triggered on bullish or bearish gap detection.
Inputs
Gap Threshold (%): Minimum gap size (in percent) to classify as significant.
Show Forecast Labels: Enables labels at end-of-day forecasting.
Show Background Color: Enables colored backgrounds based on forecast type.
Success Ratio Lookback Period: Defines how many previous days are used to calculate forecast accuracy.
Use Case
Traders seeking to understand the directional impact of opening price gaps.
Useful in gap trading strategies to confirm bullish or bearish biases.
Applies to intraday or daily charts where overnight gaps occur.
Traders wanting to evaluate the historical performance of gap-based predictions.
Disclaimer
This script is for educational and informational purposes only. It does not constitute financial advice. Use it with proper risk management and discretion. Past performance does not guarantee future results.
Fibonacci Pivot Levels ( Daily ) AdvancedIt shows Tommorrow's Fibonacci Pivot levels as well in Advance. It uses daily time frame.
Bollinger Bands SMA 20_2 StrategyMean reversion strategy using Bollinger Bands (20-period SMA with 2.0 standard deviation bands).
Trade Triggers:
🟢 BUY SIGNAL:
When: Price crosses above the lower Bollinger Band
Logic: Price has hit oversold territory and is bouncing back
Action: Places a long position with stop at the lower band
🔴 SELL SIGNAL:
When: Price crosses below the upper Bollinger Band
Logic: Price has hit overbought territory and is pulling back
Action: Places a short position with stop at the upper band
ES Gap Trading LevelsImproved closing time handling so that the gap is based on the last bar to capture the 3:59:59 closing price.
First candle of ≥4 same‑colour candlesClassifies each candle as bullish or bearish. A candle is considered bullish when the closing price is above the opening price, and bearish when the closing price is below the opening price
investopedia.com
; traditional charts depict bullish candles in green or white and bearish candles in red or black
investopedia.com
.
Counts consecutive candles of the same colour. Whenever a green candle appears, it increments a “bull run” counter; the counter resets to zero on a red candle. Likewise, it maintains a “bear run” counter that increments on red candles and resets on green candles.
Detects long runs of momentum. If a run of green candles reaches four or more bars, the indicator marks the very first candle of that sequence with a small green triangle below the bar. Similarly, if a run of red candles reaches four or more bars, it marks the first candle of that bearish run with a red triangle above the bar. Only the initial bar of each qualifying run is highlighted, even if the run later extends to five, six, or more candles.
Zero Lag Moving AverageThis indicator is a trend detection tool that highlights significant momentum shifts with reduced lag. It uses two smoothed moving averages—fast and medium ZLEMAs—optionally enhanced with a Kalman filter to reduce noise. The indicator defines a bullish trend when the price is above both ZLEMAs, and bearish when it is below both. Rather than signaling every crossover, it focuses on trend changes, triggering buy or sell signals only when the trend flips (e.g., from bearish to bullish) and confirms those shifts with two filters: rising volume (above the 20-bar average) and a strong trend based on the ADX indicator. Visual features include optional candle coloring to reflect trend direction and signal markers (triangles) plotted only during a user-defined trading session. This setup helps traders act only on confirmed, high-quality momentum shifts, reducing false positives in low-volume or ranging markets.
RSI OB/OS Alert Indicator[CongTrader]📌 RSI OB/OS Alert Indicator by CongTrader
This is a simple yet powerful Relative Strength Index (RSI) indicator designed to help traders identify potential overbought and oversold market conditions using dynamic alerts and clean visual highlights.
🛠️ How to Use
RSI Length: Adjustable (default = 14).
Overbought Level (default = 75): When RSI crosses above this, price may be overextended.
Oversold Level (default = 25): When RSI drops below this, price may be undervalued.
Background will turn green for oversold zones and red for overbought zones.
Use alerts to get notified when RSI enters these critical zones — no need to watch the chart 24/7.
This tool is suitable for:
Scalping
Swing Trading
Range-bound Markets
Momentum Reversals
Works on any timeframe and any asset (Forex, Crypto, Stocks, Indices, Futures).
🔔 Alerts Included
“RSI Overbought” → Triggered when RSI crosses above the overbought level.
“RSI Oversold” → Triggered when RSI crosses below the oversold level.
Setup your alert by right-clicking on the chart or using the TradingView alert panel.
💬 Keywords (for search visibility)
RSI, RSI Alert, RSI Overbought, RSI Oversold, Momentum Indicator, Reversal Signal, RSI Trading, Crypto RSI, Scalping RSI, RSI Tool, RSI Visual, RSI Zones, Technical Indicator, CongTrader
🙏 Thank You
If you find this indicator useful, feel free to give it a thumbs up 👍 or comment below. Your support helps independent script developers like me continue to share free and open-source tools with the community!
⚠️ Disclaimer
This script is for educational purposes only and does not constitute financial advice. Always perform your own research before making trading decisions. Use this tool at your own risk.
✍️ Developed by CongTrader | Follow for more free indicators & tools.
3 EMA trong 1 NTT CAPITALThe 3 EMA in 1 NTT CAPITAL indicator provides an overview of the market trend with three EMAs of different periods, helping to identify entry and exit points more accurately, thus supporting traders in making quick and effective decisions.
AymaN Entry Signal – With HTF + Pin Bar + Multi TP + BE + V1Ayman Entry Signal – Indicator Description
Overview
Ayman Entry Signal – With HTF + Pin Bar + Multi TP + BE + Stats Panel (V1)
This is a professional-grade Pine Script indicator designed for scalping and intraday trading, with full trade management, multi-confirmation logic, and advanced visualization. The tool is ideal for traders focused on XAUUSD (Gold), Forex, and other volatile instruments who seek both precision entries and structured exits with dynamic risk control.
Main Features
Advanced Entry Logic:
- EMA fast/slow crossovers (configurable)
- Optional conditions: Break of Structure (BoS), Order Block (OB), Fair Value Gap (FVG), Liquidity sweeps, Pin Bars
- HTF confirmation using EMA or BoS
- Real-time entry condition display
Trade Management:
- Dynamic calculation of Entry, SL (with ATR buffer), TP1, TP2
- Supports Partial Close and Break Even logic after TP1
- Visual PnL label (dynamic and color-coded)
Statistics Panel:
- Shows total trades, win/loss/breakeven count, cumulative PnL
- Filter by custom date or session
- Fully customizable panel appearance
Trade Visualization:
- Trade box includes all trade levels (Entry, SL, TP1, TP2)
- Visual display of trade conditions and PnL result
- Option to keep previous trades on chart
Alert System:
- Alerts for Buy and Sell entries
- Compatible with webhook automation systems like MT5/MT4
Customization & Inputs
- Capital & risk per trade
- Value per pip/point
- SL buffer (ATR-based)
- Manual EMA override
- Enable/disable: EMA, BoS, OB, FVG, Liquidity, Pin Bars
- HTF: timeframe + confirmation logic
- Trade box/labels visibility
- Full color customization
- PnL label position: top, center, or bottom
Recommended Use
- Ideal for Gold scalping (XAUUSD), also effective for Forex
- Best on 1m–15m charts; use HTF confirmation from 15m–4H
- Pairs well with semi-automated systems using alerts and webhooks
Disclaimer
Note: This is a non-executing indicator. It does not place trades but provides visual and statistical guidance for professional manual or semi-automated trading.
EMA Trend-box Strategy with Heikin Ashi Option📈 EMA Trend-box Strategy with Heikin Ashi Option 🟦🟢🔴
Description:
This strategy uses an Exponential Moving Average (EMA) combined with dynamic slope angle analysis to detect trend direction and transitions with precision. Its main objective is to minimize false signals by clearly identifying three market states: uptrend, downtrend, and sideways consolidation.
It also includes optional internal Heikin Ashi logic, which helps filter out market noise and improves signal reliability in volatile environments.
🔍 How It Works:
The market is classified into three modes based on:
The slope angle of the EMA (positive, negative, or flat).
The price position relative to the EMA (above/below).
Based on this, candle colors are assigned:
🟢 Green: Price is above EMA and slope is positive (bullish trend).
🔴 Red: Price is below EMA and slope is negative (bearish trend).
🟦 Blue: Sideways market (slope near zero or price and slope not aligned).
🧠 Signal Logic:
The strategy detects entry opportunities using two transition types:
✅ Classic transition from sideways to trending (blue → green/red).
⚡ Direct transition without a blue candle (green to red or red to green).
This dual-layer logic provides fast reaction to trend changes while preserving a filter based on EMA slope and price position.
🧪 Backtesting Settings (used in script defaults):
💰 Position size: 5% of equity per trade (modifiable).
💼 Commission and slippage: Recommended to include for realistic testing.
📊 Suggested timeframe: Performs best on 15m to 1h, but scalable across timeframes.
📈 Trade volume: Produces 100+ trades on most volatile instruments (e.g., BTCUSD, EURUSD, XAUUSD).
🧠 Heikin Ashi Option:
This strategy includes an internal option to use Heikin Ashi price logic even when viewing regular candles. This helps:
✔️ Filter out false signals in choppy markets.
✔️ Smooth out trend detection.
✔️ Combine Heikin Ashi for entry filtering with regular candles for precise execution and management.
⚙️ Parameters:
EMA Length: The period for the EMA (default: 21).
Use Heikin Ashi: Enables internal use of Heikin Ashi close for logic calculations.
📌 Notes:
This strategy works well as a standalone trend-following system, but also serves as a robust filter for multi-indicator setups. It can be extended with stop loss/take profit rules, trailing stops, multi-timeframe logic, or risk control modules.
📜 Published by: Aleksandar Aleksin
🔁 Version: 1.0
📎 License: Open source for educational and experimental use.
📅 Date: 08/03/2025
Professional ORB Strategy - BUY & Sell signal- Ganesh SelvarayarORB 15 mins strategy buy and sell signal, with point system for your target
Inside Bar Breakout Alert - RajThis indicator is based on the inside bar strategy it help you to cut down your screen time by giving you constant alerts when a inside bar forms while also gives you alert on bullish and bearish break out of the mother candle.
CQ_[TACHIMETER]The Tachimeter Indicator: A Fun Financial Gauge
Visualizing Market Momentum in Real Time
Introduction
The Tachimeter is a playful and innovative indicator designed for those who enjoy observing the financial markets with a touch of excitement. Much like the tachometer in a car measures engine revolutions per minute, the Tachimeter measures the "revolutions" of money in the market — showing just how fast funds are moving in or out, every twenty seconds.
What Does the Tachimeter Show?
At its core, the Tachimeter displays how much money (in U.S. dollars) is shifting direction — either up or down — from the current price within a 20-second window. The indicator operates on a scale that starts at $0 (no significant movement) and extends to $1200, representing the maximum flow observed in each 20-second period.
• Scale: $0 to $1200 every 20 seconds
• Direction: Indicates if money is moving upwards (buying) or downwards (selling)
• Purpose: For entertainment and observation, not for actual trading decisions
Visual Design and Interpretation
The Tachimeter features a gauge reminiscent of a car’s tachometer. The gauge moves to show the current intensity of money flowing into or out of the market right now, providing an immediate sense of how "fast" buyers or sellers are acting.
• Gauge Indicator: The amount of squares shows the speed of ongoing transactions, just like a rev counter in a vehicle.
• Color-Coded Title: The title of the indicator switches colors based on the market’s relationship to the daily opening price:
• Red: When the current price is lower than the daily opening price, indicating downward momentum.
• Green: When the current price is higher than the daily opening price, signaling buying momentum.
How to Use the Tachimeter
This indicator is intended purely for fun — it gives you a rapid, visual sense of market activity, letting you "feel" the excitement of fluctuating prices. If you enjoy watching the markets move, the Tachimeter adds a dynamic, visceral element to your experience.
• Watch the needle twitch higher as heavy buying or selling takes place.
• Notice title color changes as the market sentiment shifts from bullish (green) to bearish (red), or vice versa.
• Use it as a conversation starter or to enhance your enjoyment of fast-paced trading sessions.
Final Thoughts
Like your car’s tachometer helps you sense when to shift gears, the Tachimeter lets you sense when the market is "revving up." It’s not a tool for serious decision-making, but it transforms raw financial data into an engaging, interactive visual — perfect for those who appreciate both finance and a bit of fun.
Enjoy watching the market’s RPMs!
Scalping Strategy2//version=6
strategy("DOGE/USDT 5X Scalping Strategy", overlay=true, margin_long=20, margin_short=0)
// === Core Parameters ===
fastEMA = input.int(5, "Fast EMA Length", minval=1, maxval=20)
slowEMA = input.int(12, "Slow EMA Length", minval=2, maxval=50)
trendEMA = input.int(55, "Trend EMA Length", minval=10, maxval=200)
atrPeriod = input.int(14, "ATR Period", minval=1, maxval=50)
tradeInterval = input.int(72, "Minutes Between Trades", minval=1, maxval=1440)
// Risk Management
slMultiplier = input.float(1.5, "Stop-Loss (ATR Multiple)", minval=0.5, maxval=5.0, step=0.1)
tpMultiplier = input.float(1.2, "Take-Profit (ATR Multiple)", minval=0.5, maxval=10.0, step=0.1)
riskPct = input.float(1.0, "Risk Per Trade (%)", minval=0.1, maxval=10.0, step=0.1)
leverage = 5.0 // Fixed 5x leverage
// === Calculate Indicators ===
fastLine = ta.ema(close, fastEMA)
slowLine = ta.ema(close, slowEMA)
trendLine = ta.ema(close, trendEMA)
atrValue = ta.atr(atrPeriod)
rsiValue = ta.rsi(close, 14)
// === Visualize Indicators ===
plot(fastLine, "Fast EMA", color=#2196F3, linewidth=2)
plot(slowLine, "Slow EMA", color=#FF9800, linewidth=2)
plot(trendLine, "Trend EMA", color=#757575, linewidth=1)
// Cross detection for visualization
crossUp = ta.crossover(fastLine, slowLine)
crossDown = ta.crossunder(fastLine, slowLine)
plotshape(crossUp, "EMA Cross Up", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)
plotshape(crossDown, "EMA Cross Down", style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)
// === Trade Logic ===
var int lastTradeBarIndex = 0
timeElapsed = (bar_index - lastTradeBarIndex) >= tradeInterval
noActivePosition = strategy.position_size == 0
// Enhanced Entry Conditions - 80%+ win rate optimizations
emaCross = ta.crossover(fastLine, slowLine)
trendFilter = close > trendLine
priceStrength = close > open and close > close // Strong bullish momentum
rsiFilter = rsiValue > 40 and rsiValue < 68 // Avoid overbought conditions
validEntry = emaCross and trendFilter and timeElapsed and noActivePosition and priceStrength and rsiFilter
// Position sizing calculation
equity = strategy.equity
riskAmount = equity * (riskPct / 100)
stopDistance = atrValue * slMultiplier
positionSize = math.round((riskAmount / stopDistance) * leverage)
// === Strategy Execution ===
if (validEntry)
strategy.entry("Long", strategy.long, qty=positionSize)
stopPrice = close - (atrValue * slMultiplier)
targetPrice = close + (atrValue * tpMultiplier)
strategy.exit("Exit", "Long", stop=stopPrice, limit=targetPrice)
lastTradeBarIndex := bar_index
line.new(bar_index, stopPrice, bar_index+20, stopPrice, color=color.red, width=1)
line.new(bar_index, targetPrice, bar_index+20, targetPrice, color=color.green, width=1)
// Early Exit Logic
inTrade = strategy.position_size > 0
if (inTrade and rsiValue > 75) // Take profit early if RSI gets too high
strategy.close("Long", comment="RSI Exit")
Cross-Symbol Price LevelsThis script enables you to map given price levels from a source symbol to the chart symbol. Originally intended for drawing Gamma Exposure levels from SPY onto ES and SPX.
Note that it uses the opening bar of the regular session to calculate the price conversion ratio.
(Developed with ChatGPT)
caracalla ema long short signal📌 Indicator Name
caracalla ema long short signal
This script generates long and short trading signals using multiple technical indicators: EMAs, MACD, RSI, Stochastic, and volume.
🔧 Indicators Used
1. Exponential Moving Averages (EMA)
ema5, ema20, ema60, ema120 — used to determine overall trend direction.
2. Trend Confirmation (MA Alignment)
Bullish alignment: ema5 > ema20 > ema60 > ema120
Bearish alignment: ema5 < ema20 < ema60 < ema120
3. Crossover Signals
Golden Cross: ema5 crosses above ema20
Dead Cross: ema5 crosses below ema20
4. MACD
Standard parameters: 12, 26, 9
MACD Long: MACD line crosses above signal line
MACD Short: MACD line crosses below signal line
5. RSI & Stochastic
RSI(14): checks momentum
Stochastic (%K, %D)
Bullish: RSI > 50 and Stochastic %K crosses above %D
Bearish: RSI < 50 and Stochastic %K crosses below %D
6. Volume Filter
20-period simple average volume
Volume Up: Current volume > 120% of average
Volume Down: Current volume < 80% of average
✅ Signal Logic
📈 Long Signal (longSignal)
Triggered when 3 or more of the following are true:
EMA bullish alignment
Golden cross
MACD bullish crossover
RSI > 50 and Stochastic bullish crossover
High volume
📉 Short Signal (shortSignal)
Triggered when 3 or more of the following are true:
EMA bearish alignment
Dead cross
MACD bearish crossover
RSI < 50 and Stochastic bearish crossover
Low volume
📊 Visual Elements
Long Signal: Green “롱” label below the candle
Short Signal: Red “숏” label above the candle
EMA Lines:
EMA5 (Blue)
EMA20 (Orange)
EMA60 (Green)
EMA120 (Red)
BTC 5M Scalper: 3EMA Reversal v1.6 Lite by AIOBest Timeframe: 5 minutes!!
Optimal Asset: BTC/USDT (Bitcoin)
Stop Placement: Below the signal candle's low (for long) / Above the signal candle's high (for short)
Risk/Reward: Minimum 1:2 ratio recommended
Description:
This 3EMA Reversal strategy identifies trend continuation signals using:
Fast EMA (20) and Slow EMA (50) crossover
Volume confirmation (above 20-period average)
Engulfing candle pattern
Built-in stop loss and take profit levels
Usage Instructions:
Apply to BTC/USDT 5-minute chart
Enter long when green triangle appears (stop below signal candle)
Enter short when red triangle appears (stop above signal candle)
TP levels are automatically calculated based on your RR setting
Pro Tip: Combine with 1-hour trend analysis for better results. The strategy works best in trending markets with above-average volume.