OPEN-SOURCE SCRIPT
Scalp Pro Signals [Jos-ProTrader]
Overview
Scalp Pro Signals is a non-repainting scalping indicator designed to help traders identify high-probability intraday entries using trend, momentum, and price-location confirmation.
The indicator combines:
* EMA Trend Analysis
* RSI Momentum Filter
* VWAP Confirmation
* Bullish/Bearish Candle Validation
The goal is to reduce low-quality signals and keep traders aligned with the prevailing market direction.
How It Works
Buy Conditions
A BUY signal is generated when:
* Fast EMA is above Slow EMA
* RSI is above 55
* Price closes above VWAP
* The candle closes bullish
Sell Conditions
A SELL signal is generated when:
* Fast EMA is below Slow EMA
* RSI is below 45
* Price closes below VWAP
* The candle closes bearish
Signals are confirmed only after candle close to avoid repainting.
Features
*Non-Repainting Signals
*Buy & Sell Alerts
*Trend Identification Using EMAs
*Momentum Confirmation with RSI
*VWAP-Based Price Validation
*Works on Forex, Crypto, Stocks, and Indices
Recommended Timeframes
* 1 Minute
* 3 Minutes
* 5 Minutes
* 15 Minutes
For best results, use the indicator during active market sessions with strong volume and volatility.
Risk Management
This indicator is designed as a trade-assistance tool and should not be used as a standalone trading system. Always combine signals with proper risk management, stop-loss placement, and overall market analysis.
Disclaimer
This indicator provides technical analysis signals based on historical price data and does not guarantee future performance. Trading involves risk, and users should perform their own due diligence before making trading decisions.
Scalp Pro Signals is a non-repainting scalping indicator designed to help traders identify high-probability intraday entries using trend, momentum, and price-location confirmation.
The indicator combines:
* EMA Trend Analysis
* RSI Momentum Filter
* VWAP Confirmation
* Bullish/Bearish Candle Validation
The goal is to reduce low-quality signals and keep traders aligned with the prevailing market direction.
How It Works
Buy Conditions
A BUY signal is generated when:
* Fast EMA is above Slow EMA
* RSI is above 55
* Price closes above VWAP
* The candle closes bullish
Sell Conditions
A SELL signal is generated when:
* Fast EMA is below Slow EMA
* RSI is below 45
* Price closes below VWAP
* The candle closes bearish
Signals are confirmed only after candle close to avoid repainting.
Features
*Non-Repainting Signals
*Buy & Sell Alerts
*Trend Identification Using EMAs
*Momentum Confirmation with RSI
*VWAP-Based Price Validation
*Works on Forex, Crypto, Stocks, and Indices
Recommended Timeframes
* 1 Minute
* 3 Minutes
* 5 Minutes
* 15 Minutes
For best results, use the indicator during active market sessions with strong volume and volatility.
Risk Management
This indicator is designed as a trade-assistance tool and should not be used as a standalone trading system. Always combine signals with proper risk management, stop-loss placement, and overall market analysis.
Disclaimer
This indicator provides technical analysis signals based on historical price data and does not guarantee future performance. Trading involves risk, and users should perform their own due diligence before making trading decisions.
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.
t.me/EdwardJosFXAnalyst
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
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.
t.me/EdwardJosFXAnalyst
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
📈 Follow our free Telegram channel for daily Forex, Gold, and Crypto market analysis, trade ideas, and educational trading content.
🔗Join: t.me/EdwardJosFXAnalyst
Trade smart. Manage risk.
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.