OPEN-SOURCE SCRIPT
Linda Raschke Scalping - Box Signal
Strategy Description (Short & Sharp)
Linda Raschke Scalping is a mean-reversion scalping strategy that combines EMA 20 cross with MACD zero-line crossover, waiting for confirmation from the second event within a maximum of 5 bars.
Core Logic:
Setup: Price crosses EMA 20 (with bullish/bearish candle) OR MACD crosses zero line
Entry: Second event must occur within 5 bars to confirm the signal
Direction: Both price and MACD must align in the same direction
Filters Applied:
MACD Noise Filter – Ignores tiny crossovers below a minimum threshold to avoid whipsaws
Time Filter – Limits trading to specific sessions (e.g., high-liquidity hours)
Best Suited For:
Instruments: Liquid forex pairs (EUR/USD, GBP/USD, USD/JPY), index futures (ES, NQ)
Timeframes: 1-min to 5-min charts (true scalping)
Session: High-volume periods (London open, NY open, London-NY overlap)
Signal Types:
🟢 LONG: Price crosses above EMA 20 → wait for MACD above zero | OR MACD crosses above zero → wait for price above EMA 20
🔴 SHORT: Price crosses below EMA 20 → wait for MACD below zero | OR MACD crosses below zero → wait for price below EMA 20
Key Advantage:
Reduces false signals by requiring dual confirmation from both momentum (MACD) and trend (EMA), plus noise filtering for choppy markets.
Linda Raschke Scalping is a mean-reversion scalping strategy that combines EMA 20 cross with MACD zero-line crossover, waiting for confirmation from the second event within a maximum of 5 bars.
Core Logic:
Setup: Price crosses EMA 20 (with bullish/bearish candle) OR MACD crosses zero line
Entry: Second event must occur within 5 bars to confirm the signal
Direction: Both price and MACD must align in the same direction
Filters Applied:
MACD Noise Filter – Ignores tiny crossovers below a minimum threshold to avoid whipsaws
Time Filter – Limits trading to specific sessions (e.g., high-liquidity hours)
Best Suited For:
Instruments: Liquid forex pairs (EUR/USD, GBP/USD, USD/JPY), index futures (ES, NQ)
Timeframes: 1-min to 5-min charts (true scalping)
Session: High-volume periods (London open, NY open, London-NY overlap)
Signal Types:
🟢 LONG: Price crosses above EMA 20 → wait for MACD above zero | OR MACD crosses above zero → wait for price above EMA 20
🔴 SHORT: Price crosses below EMA 20 → wait for MACD below zero | OR MACD crosses below zero → wait for price below EMA 20
Key Advantage:
Reduces false signals by requiring dual confirmation from both momentum (MACD) and trend (EMA), plus noise filtering for choppy markets.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.