OPEN-SOURCE SCRIPT
SCALP PRO v2 - Advanced Multi-Timeframe Scalping Indicator
SCALP PRO v2 is a comprehensive, momentum-based scalping indicator designed for day traders who demand precision. It seamlessly merges the classic Opening Range Breakout (ORB) strategy with advanced Multi-Timeframe (MTF) analysis and Smart Money Concepts (SMC) to deliver high-probability trade setups.
Key Features:
Dynamic ORB Strategy: Automatically plots the Opening Range High and Low based on your customizable time inputs (default 9:30 - 9:45) to capture early session volatility.
4-Layer Multi-Timeframe Confluence:
Daily Bias: Filters the macro trend using the Daily SMA 20 slope and EMA 200.
1H Structure: Confirms intraday momentum via the 1H EMA 8/21 cross and VWAP trajectory.
15M SMC Integration: Systematically detects Fair Value Gaps (FVG), Order Blocks (OB), and Candle Range Theory (CRT) setups to validate strong institutional levels.
5M Execution: Identifies pullbacks to key Fibonacci retracement zones (Golden & Premium) aligning with the EMA 8, EMA 21, and VWAP.
Smart Filtering System: Integrates Bollinger Bands to prevent entering at overextended extremes (buying the top / selling the bottom), alongside a strict candle strength filter and a customizable signal cooldown mechanism to avoid overtrading.
Clean Visuals & Key Levels: Keeps your chart clutter-free while automatically plotting Yesterday's High/Low/Close, Today's High/Low, and clear visual markers for standard and "Strong" Buy/Sell signals.
Built-in Alerts: Ready-to-use alert conditions for every setup so you never miss a prime entry.
Key Features:
Dynamic ORB Strategy: Automatically plots the Opening Range High and Low based on your customizable time inputs (default 9:30 - 9:45) to capture early session volatility.
4-Layer Multi-Timeframe Confluence:
Daily Bias: Filters the macro trend using the Daily SMA 20 slope and EMA 200.
1H Structure: Confirms intraday momentum via the 1H EMA 8/21 cross and VWAP trajectory.
15M SMC Integration: Systematically detects Fair Value Gaps (FVG), Order Blocks (OB), and Candle Range Theory (CRT) setups to validate strong institutional levels.
5M Execution: Identifies pullbacks to key Fibonacci retracement zones (Golden & Premium) aligning with the EMA 8, EMA 21, and VWAP.
Smart Filtering System: Integrates Bollinger Bands to prevent entering at overextended extremes (buying the top / selling the bottom), alongside a strict candle strength filter and a customizable signal cooldown mechanism to avoid overtrading.
Clean Visuals & Key Levels: Keeps your chart clutter-free while automatically plotting Yesterday's High/Low/Close, Today's High/Low, and clear visual markers for standard and "Strong" Buy/Sell signals.
Built-in Alerts: Ready-to-use alert conditions for every setup so you never miss a prime entry.
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.