OPEN-SOURCE SCRIPT
VWAP Scalper [Neural Edge]
VWAP Scalper is a precision intraday indicator built for fast-moving markets. It combines three institutional-grade components under the hood to produce clean BUY and SELL signals directly
on your chart.
How It Works
The indicator measures three things on every bar:
• Volume-Weighted Delta — tracks whether buying or selling pressure is dominant by weighting candle closes against volume relative to recent average. Tells you who is in control.
• VWAP Position — price location relative to the session VWAP. Above = buyers in control. Below = sellers in control.
• Velocity & Acceleration — measures the speed and momentum of price movement normalised by ATR. Filters out slow, indecisive moves and only triggers on genuine momentum.
A signal fires only when at least 2 out of 3 components agree (67% confidence) or all 3 agree (91% confidence). You can control this threshold in settings.
Filters
Session Filter — restricts signals to London (08:00–17:00 UTC) and New York (13:30–22:00 UTC) sessions only, avoiding low-liquidity periods.
15-minute VWAP Bias — checks the higher timeframe trend. Long signals are only taken when the 15m chart is above its VWAP, short signals only when below. This keeps you trading with the
macro flow.
What You See on the Chart
• BUY / SELL label on the signal bar
• Entry line (blue dashed)
• Stop Loss line (yellow) — sized by ATR multiplier
• TP1, TP2, TP3 lines (green, progressively brighter)
• All lines automatically disappear when SL or TP3 is hit
• Dashboard (top right) showing live signal direction, probability, session status, 15m bias, and all three component readings
Best Timeframes
1m to 5m for pure scalping. 3m is the sweet spot. Works on any highly liquid instrument — Gold, Silver, NAS100, DJ30, Oil, BTC, ETH.
How to Use
1. Wait for a BUY or SELL label to appear
2. Enter at market or on the next bar open
3. Place your stop at the yellow SL line
4. Take partial profit at TP1, move stop to entry, let the rest run to TP2 and TP3
5. If lines disappear, the trade is concluded — wait for the next signal
Recommended Settings
Min Confidence: 67% & 91% — best balance of frequency and quality
SL Size: 1.5× ATR — adjust tighter on Gold/indices, wider on crypto
Session Filter: ON
15m Bias: ON
on your chart.
How It Works
The indicator measures three things on every bar:
• Volume-Weighted Delta — tracks whether buying or selling pressure is dominant by weighting candle closes against volume relative to recent average. Tells you who is in control.
• VWAP Position — price location relative to the session VWAP. Above = buyers in control. Below = sellers in control.
• Velocity & Acceleration — measures the speed and momentum of price movement normalised by ATR. Filters out slow, indecisive moves and only triggers on genuine momentum.
A signal fires only when at least 2 out of 3 components agree (67% confidence) or all 3 agree (91% confidence). You can control this threshold in settings.
Filters
Session Filter — restricts signals to London (08:00–17:00 UTC) and New York (13:30–22:00 UTC) sessions only, avoiding low-liquidity periods.
15-minute VWAP Bias — checks the higher timeframe trend. Long signals are only taken when the 15m chart is above its VWAP, short signals only when below. This keeps you trading with the
macro flow.
What You See on the Chart
• BUY / SELL label on the signal bar
• Entry line (blue dashed)
• Stop Loss line (yellow) — sized by ATR multiplier
• TP1, TP2, TP3 lines (green, progressively brighter)
• All lines automatically disappear when SL or TP3 is hit
• Dashboard (top right) showing live signal direction, probability, session status, 15m bias, and all three component readings
Best Timeframes
1m to 5m for pure scalping. 3m is the sweet spot. Works on any highly liquid instrument — Gold, Silver, NAS100, DJ30, Oil, BTC, ETH.
How to Use
1. Wait for a BUY or SELL label to appear
2. Enter at market or on the next bar open
3. Place your stop at the yellow SL line
4. Take partial profit at TP1, move stop to entry, let the rest run to TP2 and TP3
5. If lines disappear, the trade is concluded — wait for the next signal
Recommended Settings
Min Confidence: 67% & 91% — best balance of frequency and quality
SL Size: 1.5× ATR — adjust tighter on Gold/indices, wider on crypto
Session Filter: ON
15m Bias: ON
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.