OPEN-SOURCE SCRIPT
SPX 0DTE Scalper v3 Mentorship 2026
🚨 SPX 0DTE SCALPER v2 — DESCRIPTION 🚨
This is a multi-timeframe confluence trading system designed specifically for SPX 0DTE options trading, combining structure, momentum, and volume to deliver high-probability entries.
⚙️ CORE FUNCTIONALITY:
The script uses a layered confirmation system (1–5 score) to validate trades before signaling entries.
It combines:
• EMA Ribbon (trend direction)
• VWAP positioning (key intraday level)
• RSI + MACD (momentum confirmation)
• Squeeze (volatility expansion)
• Volume spikes (institutional activity)
📊 MULTI-TIMEFRAME EDGE:
This isn’t just a single timeframe tool — it aligns:
• Daily Bias → overall direction
• 6H Trend → macro structure
• 90M Setup → mid-term confirmation
• 15M Execution → precise entries
⚡ ENTRY SYSTEM:
Trades trigger only when:
• Minimum confluence score is met (default 3/5+)
• Volume confirms the move
• Price is aligned with VWAP
• A trigger occurs (engulfing, breakout, EMA cross, ORB break)
🎯 AUTO LEVELS & TOOLS:
• Opening Range Breakout (ORB)
• Pre-market High/Low
• Previous Day High/Low/Close
• Round number levels (every 50 points)
• ATR-based Stop Loss + Targets
📈 SIGNALS PROVIDED:
• CALL (Bullish Setup)
• PUT (Bearish Setup)
Each signal includes:
• Entry
• Stop Loss (ATR-based)
• Target 1 & Target 2
🧠 SMART FILTERS:
• Trades only during prime trading hours
• Focus on 0DTE days (Mon/Wed/Fri)
• Avoids late-day low-probability setups
📊 LIVE DASHBOARD:
Displays real-time:
• Trend bias (Daily / 6H / 90M / 15M)
• VWAP position
• MACD + RSI
• Volume strength
• Squeeze status
• Bull/Bear score
💎 PURPOSE:
This tool is built to help traders:
• Eliminate guesswork
• Trade with structure + confirmation
• Execute high-probability 0DTE setups
🏁 BOTTOM LINE:
This is a precision scalping system designed for discipline, timing, and consistency — not random entries.
This is a multi-timeframe confluence trading system designed specifically for SPX 0DTE options trading, combining structure, momentum, and volume to deliver high-probability entries.
⚙️ CORE FUNCTIONALITY:
The script uses a layered confirmation system (1–5 score) to validate trades before signaling entries.
It combines:
• EMA Ribbon (trend direction)
• VWAP positioning (key intraday level)
• RSI + MACD (momentum confirmation)
• Squeeze (volatility expansion)
• Volume spikes (institutional activity)
📊 MULTI-TIMEFRAME EDGE:
This isn’t just a single timeframe tool — it aligns:
• Daily Bias → overall direction
• 6H Trend → macro structure
• 90M Setup → mid-term confirmation
• 15M Execution → precise entries
⚡ ENTRY SYSTEM:
Trades trigger only when:
• Minimum confluence score is met (default 3/5+)
• Volume confirms the move
• Price is aligned with VWAP
• A trigger occurs (engulfing, breakout, EMA cross, ORB break)
🎯 AUTO LEVELS & TOOLS:
• Opening Range Breakout (ORB)
• Pre-market High/Low
• Previous Day High/Low/Close
• Round number levels (every 50 points)
• ATR-based Stop Loss + Targets
📈 SIGNALS PROVIDED:
• CALL (Bullish Setup)
• PUT (Bearish Setup)
Each signal includes:
• Entry
• Stop Loss (ATR-based)
• Target 1 & Target 2
🧠 SMART FILTERS:
• Trades only during prime trading hours
• Focus on 0DTE days (Mon/Wed/Fri)
• Avoids late-day low-probability setups
📊 LIVE DASHBOARD:
Displays real-time:
• Trend bias (Daily / 6H / 90M / 15M)
• VWAP position
• MACD + RSI
• Volume strength
• Squeeze status
• Bull/Bear score
💎 PURPOSE:
This tool is built to help traders:
• Eliminate guesswork
• Trade with structure + confirmation
• Execute high-probability 0DTE setups
🏁 BOTTOM LINE:
This is a precision scalping system designed for discipline, timing, and consistency — not random entries.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.