OPEN-SOURCE SCRIPT
Xander Scalping Strategy [Price Action + Confirmation]
🚀 Xander Scalping Strategy [Price Action + Confirmation]
by wijayanto_ok
A multi-confirmation scalping strategy combining trend filtering, dynamic support/resistance, Stochastic RSI momentum, and volume confirmation — with visual Risk/Reward estimation for disciplined trading.
================================================================================
📌 OVERVIEW
================================================================================
Xander Scalping Strategy is a Price Action-based trading tool designed for traders who prioritize high-probability, multi-layer confirmation before entry. It helps identify:
✅ Trend Direction using EMA 13/21 crossover
✅ Dynamic Support & Resistance from confirmed swing highs/lows
✅ Precision Entry Signals via Stochastic RSI + Volume spike confirmation
✅ Visual Risk/Reward Estimator for smarter position management
🎯 Best For: Timeframes 5m – 1H | Liquid assets (Forex majors, BTC/ETH, Indices)
================================================================================
✨ KEY FEATURES
================================================================================
🔹 1. Trend Filter (EMA 13/21)
---------------------------------
• Fast EMA (13) & Slow EMA (21) with dynamic coloring:
🟢 Green = Uptrend | 🔴 Red = Downtrend | ⚪ Gray = Sideways
• Real-time trend label in top-right corner for quick reference
🔹 2. Dynamic Support & Resistance
---------------------------------
• Auto-detects Swing High/Low using ta.pivothigh() / ta.pivotlow()
• Horizontal S/R lines extended to the right (real-time visualization)
• Updates automatically when new swings are confirmed
⚠️ Note: 1-candle lag for pivot confirmation = non-repainting logic
🔹 3. Multi-Layer Entry Confirmation
---------------------------------
Component | Settings | Purpose
-------------------|---------------------------------------|---------------------------
Stochastic RSI | RSI Len: 14, %K: 3, %D: 3, OB: 80, OS: 20 | Momentum timing & reversal signals
Volume Filter | Avg Volume (20-period) | Filters low-liquidity false signals
Price Action | Pullback to EMA zone OR bounce/reject at S/R | Confirms structural alignment
✅ BUY Signal Conditions:
1. Uptrend (EMA 13 > EMA 21)
2. Price pulls back to EMA zone OR bounces from Support
3. StochRSI crosses UP from Oversold (<20)
4. Volume > 20-period average
→ Green "BUY" arrow appears below candle
✅ SELL Signal Conditions:
1. Downtrend (EMA 13 < EMA 21)
2. Price pulls back to EMA zone OR rejects from Resistance
3. StochRSI crosses DOWN from Overbought (>80)
4. Volume > 20-period average
→ Red "SELL" arrow appears above candle
🔹 4. Visual Risk/Reward Table (Top-Right)
---------------------------------
Metric | Description
----------|--------------------------------------------------
Status | Current trend or active signal (LONG/SHORT/UPTREND/DOWNTREND)
Est. RR | Estimated Risk:Reward ratio based on latest swing levels
💡 Tip: Use RR ≥ 1:1.5 as an additional filter for higher-quality entries.
🔹 5. Alert System
---------------------------------
• 🔔 "Xander Buy Signal" — Triggered when all BUY conditions met
• 🔔 "Xander Sell Signal" — Triggered when all SELL conditions met
• Compatible with TradingView alerts (popup, email, webhook, SMS)
================================================================================
⚙️ HOW TO USE
================================================================================
🔧 Setup:
1. Apply script to chart with timeframe 5m, 15m, or 1H
2. Recommended assets:
• Forex: EURUSD, GBPUSD, USDJPY
• Crypto: BTCUSDT, ETHUSDT
• Indices: US30, NAS100, SPX500
🎯 LONG Entry Setup:
1. Confirm "UPTREND 🟢" label is visible
2. Wait for pullback to EMA 13-21 zone OR bounce from green Support line
3. Confirm: Green BUY arrow appears + candle closes bullish
4. StochRSI: Crosses up from <20 zone
5. Volume: Bar higher than 20-period average
📍 Stop Loss: Below nearest lastSwingLow
🎯 Take Profit: Nearest lastSwingHigh OR RR target ≥1:1.5
🎯 SHORT Entry Setup:
1. Confirm "DOWNTREND 🔴" label is visible
2. Wait for pullback to EMA 13-21 zone OR rejection from red Resistance line
3. Confirm: Red SELL arrow appears + candle closes bearish
4. StochRSI: Crosses down from >80 zone
5. Volume: Bar higher than 20-period average
📍 Stop Loss: Above nearest lastSwingHigh
🎯 Take Profit: Nearest lastSwingLow OR RR target ≥1:1.5
⚠️ Recommended Filters:
❌ Avoid trading when label shows "SIDEWAYS ⚪"
❌ Skip signals with Est. RR < 1:1
❌ Avoid entries 5 min before/after high-impact news events
✅ Always confirm with candlestick patterns (pinbar, engulfing, etc.)
================================================================================
🔍 TECHNICAL NOTES (Advanced Users)
================================================================================
📐 Pivot Detection (Non-Repainting):
ph = ta.pivothigh(high, lookbackPeriod, lookbackPeriod)
pl = ta.pivotlow(low, lookbackPeriod, lookbackPeriod)
• Requires rightBars = lookbackPeriod for confirmation → NO REPAINTING
• New swing confirmed only after N candles close to the right
• Recommended: lookbackPeriod = 50 for significant swings; 20-30 for responsive signals
📊 Stochastic RSI Calculation:
rsiSource = ta.rsi(close, 14)
stoch = (rsiSource - lowestRSI) / (highestRSI - lowestRSI) * 100
%K = ta.sma(stoch, 3), %D = ta.sma(%K, 3)
• Measures relative momentum within 0–100 range
• Crosses at extremes (20/80) offer high-probability reversal signals
📈 Risk/Reward Estimation:
// For BUY:
risk = close - lastSwingLow
reward = lastSwingHigh - close
RR = reward / risk
• Uses latest confirmed swing levels as reference for SL/TP
⚠️ Estimates only — always adjust to real-time market structure
================================================================================
⚠️ DISCLAIMER & RISK WARNING
================================================================================
🚨 IMPORTANT: This script is an analytical tool only. It does NOT guarantee profits or replace sound trading judgment.
1. Backtest First: Test in demo mode for 2–4 weeks before live trading.
2. No Holy Grail: No strategy wins 100%. Manage expectations and use strict money management.
3. Market Conditions: Performs best in trending markets. May underperform in extreme sideways or news-driven volatility.
4. Non-Repainting: Signals appear only after candle close and pivot confirmation. Minor 1-candle lag on swing detection is intentional for reliability.
5. Always Use Stop Loss: Never trade without predefined risk protection.
🔹 Trading forex, crypto, and derivatives carries substantial risk of loss. Trade only with capital you can afford to lose.
================================================================================
🔄 VERSION HISTORY
================================================================================
Version | Date | Changes
--------|------------|--------------------------------------------------
1.0 | May 2026 | Initial release: EMA + S/R + StochRSI + Volume + RR Table
================================================================================
💬 FEEDBACK & SUPPORT
================================================================================
• 🛠 Found a bug? Report with screenshot + timeframe + asset for faster resolution.
• 💡 Have an improvement idea? Comment below or DM @wijayanto_ok.
• 🌟 Enjoying the script? A like/follow helps support future updates!
"Plan your trade, trade your plan. Consistency > Perfection."
— Xander Scalping Philosophy
================================================================================
🔖 TAGS (For Search Optimization)
================================================================================
scalping, price-action, ema, support-resistance, stochastic-rsi, volume, risk-reward, swing-trading, confirmation, non-repainting, tradingview, pine-script
================================================================================
✅ PRE-PUBLISH CHECKLIST
================================================================================
[x] Tested on 3+ assets & timeframes
[x] All inputs have sensible defaults
[x] Code is well-commented & structured
[x] Risk disclaimer included
[x] Alert conditions defined
[x] No unwanted repainting logic
[x] Documentation complete & professional
================================================================================
🙏 Thank you for using Xander Scalping Strategy!
Happy trading, and may your RR always be in your favor. 🎯📈
================================================================================
by wijayanto_ok
A multi-confirmation scalping strategy combining trend filtering, dynamic support/resistance, Stochastic RSI momentum, and volume confirmation — with visual Risk/Reward estimation for disciplined trading.
================================================================================
📌 OVERVIEW
================================================================================
Xander Scalping Strategy is a Price Action-based trading tool designed for traders who prioritize high-probability, multi-layer confirmation before entry. It helps identify:
✅ Trend Direction using EMA 13/21 crossover
✅ Dynamic Support & Resistance from confirmed swing highs/lows
✅ Precision Entry Signals via Stochastic RSI + Volume spike confirmation
✅ Visual Risk/Reward Estimator for smarter position management
🎯 Best For: Timeframes 5m – 1H | Liquid assets (Forex majors, BTC/ETH, Indices)
================================================================================
✨ KEY FEATURES
================================================================================
🔹 1. Trend Filter (EMA 13/21)
---------------------------------
• Fast EMA (13) & Slow EMA (21) with dynamic coloring:
🟢 Green = Uptrend | 🔴 Red = Downtrend | ⚪ Gray = Sideways
• Real-time trend label in top-right corner for quick reference
🔹 2. Dynamic Support & Resistance
---------------------------------
• Auto-detects Swing High/Low using ta.pivothigh() / ta.pivotlow()
• Horizontal S/R lines extended to the right (real-time visualization)
• Updates automatically when new swings are confirmed
⚠️ Note: 1-candle lag for pivot confirmation = non-repainting logic
🔹 3. Multi-Layer Entry Confirmation
---------------------------------
Component | Settings | Purpose
-------------------|---------------------------------------|---------------------------
Stochastic RSI | RSI Len: 14, %K: 3, %D: 3, OB: 80, OS: 20 | Momentum timing & reversal signals
Volume Filter | Avg Volume (20-period) | Filters low-liquidity false signals
Price Action | Pullback to EMA zone OR bounce/reject at S/R | Confirms structural alignment
✅ BUY Signal Conditions:
1. Uptrend (EMA 13 > EMA 21)
2. Price pulls back to EMA zone OR bounces from Support
3. StochRSI crosses UP from Oversold (<20)
4. Volume > 20-period average
→ Green "BUY" arrow appears below candle
✅ SELL Signal Conditions:
1. Downtrend (EMA 13 < EMA 21)
2. Price pulls back to EMA zone OR rejects from Resistance
3. StochRSI crosses DOWN from Overbought (>80)
4. Volume > 20-period average
→ Red "SELL" arrow appears above candle
🔹 4. Visual Risk/Reward Table (Top-Right)
---------------------------------
Metric | Description
----------|--------------------------------------------------
Status | Current trend or active signal (LONG/SHORT/UPTREND/DOWNTREND)
Est. RR | Estimated Risk:Reward ratio based on latest swing levels
💡 Tip: Use RR ≥ 1:1.5 as an additional filter for higher-quality entries.
🔹 5. Alert System
---------------------------------
• 🔔 "Xander Buy Signal" — Triggered when all BUY conditions met
• 🔔 "Xander Sell Signal" — Triggered when all SELL conditions met
• Compatible with TradingView alerts (popup, email, webhook, SMS)
================================================================================
⚙️ HOW TO USE
================================================================================
🔧 Setup:
1. Apply script to chart with timeframe 5m, 15m, or 1H
2. Recommended assets:
• Forex: EURUSD, GBPUSD, USDJPY
• Crypto: BTCUSDT, ETHUSDT
• Indices: US30, NAS100, SPX500
🎯 LONG Entry Setup:
1. Confirm "UPTREND 🟢" label is visible
2. Wait for pullback to EMA 13-21 zone OR bounce from green Support line
3. Confirm: Green BUY arrow appears + candle closes bullish
4. StochRSI: Crosses up from <20 zone
5. Volume: Bar higher than 20-period average
📍 Stop Loss: Below nearest lastSwingLow
🎯 Take Profit: Nearest lastSwingHigh OR RR target ≥1:1.5
🎯 SHORT Entry Setup:
1. Confirm "DOWNTREND 🔴" label is visible
2. Wait for pullback to EMA 13-21 zone OR rejection from red Resistance line
3. Confirm: Red SELL arrow appears + candle closes bearish
4. StochRSI: Crosses down from >80 zone
5. Volume: Bar higher than 20-period average
📍 Stop Loss: Above nearest lastSwingHigh
🎯 Take Profit: Nearest lastSwingLow OR RR target ≥1:1.5
⚠️ Recommended Filters:
❌ Avoid trading when label shows "SIDEWAYS ⚪"
❌ Skip signals with Est. RR < 1:1
❌ Avoid entries 5 min before/after high-impact news events
✅ Always confirm with candlestick patterns (pinbar, engulfing, etc.)
================================================================================
🔍 TECHNICAL NOTES (Advanced Users)
================================================================================
📐 Pivot Detection (Non-Repainting):
ph = ta.pivothigh(high, lookbackPeriod, lookbackPeriod)
pl = ta.pivotlow(low, lookbackPeriod, lookbackPeriod)
• Requires rightBars = lookbackPeriod for confirmation → NO REPAINTING
• New swing confirmed only after N candles close to the right
• Recommended: lookbackPeriod = 50 for significant swings; 20-30 for responsive signals
📊 Stochastic RSI Calculation:
rsiSource = ta.rsi(close, 14)
stoch = (rsiSource - lowestRSI) / (highestRSI - lowestRSI) * 100
%K = ta.sma(stoch, 3), %D = ta.sma(%K, 3)
• Measures relative momentum within 0–100 range
• Crosses at extremes (20/80) offer high-probability reversal signals
📈 Risk/Reward Estimation:
// For BUY:
risk = close - lastSwingLow
reward = lastSwingHigh - close
RR = reward / risk
• Uses latest confirmed swing levels as reference for SL/TP
⚠️ Estimates only — always adjust to real-time market structure
================================================================================
⚠️ DISCLAIMER & RISK WARNING
================================================================================
🚨 IMPORTANT: This script is an analytical tool only. It does NOT guarantee profits or replace sound trading judgment.
1. Backtest First: Test in demo mode for 2–4 weeks before live trading.
2. No Holy Grail: No strategy wins 100%. Manage expectations and use strict money management.
3. Market Conditions: Performs best in trending markets. May underperform in extreme sideways or news-driven volatility.
4. Non-Repainting: Signals appear only after candle close and pivot confirmation. Minor 1-candle lag on swing detection is intentional for reliability.
5. Always Use Stop Loss: Never trade without predefined risk protection.
🔹 Trading forex, crypto, and derivatives carries substantial risk of loss. Trade only with capital you can afford to lose.
================================================================================
🔄 VERSION HISTORY
================================================================================
Version | Date | Changes
--------|------------|--------------------------------------------------
1.0 | May 2026 | Initial release: EMA + S/R + StochRSI + Volume + RR Table
================================================================================
💬 FEEDBACK & SUPPORT
================================================================================
• 🛠 Found a bug? Report with screenshot + timeframe + asset for faster resolution.
• 💡 Have an improvement idea? Comment below or DM @wijayanto_ok.
• 🌟 Enjoying the script? A like/follow helps support future updates!
"Plan your trade, trade your plan. Consistency > Perfection."
— Xander Scalping Philosophy
================================================================================
🔖 TAGS (For Search Optimization)
================================================================================
scalping, price-action, ema, support-resistance, stochastic-rsi, volume, risk-reward, swing-trading, confirmation, non-repainting, tradingview, pine-script
================================================================================
✅ PRE-PUBLISH CHECKLIST
================================================================================
[x] Tested on 3+ assets & timeframes
[x] All inputs have sensible defaults
[x] Code is well-commented & structured
[x] Risk disclaimer included
[x] Alert conditions defined
[x] No unwanted repainting logic
[x] Documentation complete & professional
================================================================================
🙏 Thank you for using Xander Scalping Strategy!
Happy trading, and may your RR always be in your favor. 🎯📈
================================================================================
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.