OPEN-SOURCE SCRIPT
SCALP AI
This script is a collection of various trading concepts and indicators integrated into a single Pine Script file. I would like to express my sincere gratitude to the original authors whose work, ideas, and components made this compilation possible.
Core Functionalities
Dashboard & AI Scoring System:
Features a configurable dashboard showing real-time market data.
Uses a proprietary scoring mechanism based on trend analysis (EMA 20/200), RSI, volume, VWAP, ADX, and Multi-Timeframe (MTF) alignment to output signals ("A+ SETUP" to "NO TRADE").
Trend & Filter Analysis:
Uses Exponential Moving Averages (EMA) to identify trends and simple moving averages (SMA 9, 20, 89, 200) for visual filter support.
Color-coded bar highlights based on short-term EMA 9 trends.
Session Engine:
Tracks specific market sessions (NY, London, Asia, US Pre-market) with visual markers on the chart.
Includes alerts for upcoming session starts.
Levels & Price Action:
Automatically plots Daily Open, High of Day (HOD), and Low of Day (LOD) levels with extendable lines.
Features an advanced Supply & Demand zone detection system that ranks zones based on strength, mitigates broken zones, and visualizes zone strength using bar-based meters.
Multi-Timeframe Data:
Integrates multiple daily EMAs (3, 9, 20, 50, 100, 200) to help gauge long-term momentum alongside the short-term scalping logic.
The script leverages complex array structures to manage active supply and demand zones, ensuring that invalid or "broken" zones are removed from the chart, while keeping the most relevant ones ranked by a calculated score. It also utilizes request.security for multi-timeframe data fetching to provide a broader context for the current chart timeframe.
Core Functionalities
Dashboard & AI Scoring System:
Features a configurable dashboard showing real-time market data.
Uses a proprietary scoring mechanism based on trend analysis (EMA 20/200), RSI, volume, VWAP, ADX, and Multi-Timeframe (MTF) alignment to output signals ("A+ SETUP" to "NO TRADE").
Trend & Filter Analysis:
Uses Exponential Moving Averages (EMA) to identify trends and simple moving averages (SMA 9, 20, 89, 200) for visual filter support.
Color-coded bar highlights based on short-term EMA 9 trends.
Session Engine:
Tracks specific market sessions (NY, London, Asia, US Pre-market) with visual markers on the chart.
Includes alerts for upcoming session starts.
Levels & Price Action:
Automatically plots Daily Open, High of Day (HOD), and Low of Day (LOD) levels with extendable lines.
Features an advanced Supply & Demand zone detection system that ranks zones based on strength, mitigates broken zones, and visualizes zone strength using bar-based meters.
Multi-Timeframe Data:
Integrates multiple daily EMAs (3, 9, 20, 50, 100, 200) to help gauge long-term momentum alongside the short-term scalping logic.
The script leverages complex array structures to manage active supply and demand zones, ensuring that invalid or "broken" zones are removed from the chart, while keeping the most relevant ones ranked by a calculated score. It also utilizes request.security for multi-timeframe data fetching to provide a broader context for the current chart timeframe.
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.