OPEN-SOURCE SCRIPT
Scalpers MACD + VWAP Filter
The Scalpers MACD + VWAP Filter is a momentum-based intraday trading indicator that combines MACD trend shifts with VWAP positioning to identify high-probability scalping opportunities during active market sessions.
This indicator is designed to help traders identify momentum breakouts that occur above or below VWAP, while filtering out weaker signals that occur in unfavorable price locations.
Best on the 1 min timeframe.
This indicator is designed to help traders identify momentum breakouts that occur above or below VWAP, while filtering out weaker signals that occur in unfavorable price locations.
Best on the 1 min timeframe.
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.