OPEN-SOURCE SCRIPT

EUR/USD: EUR USD 5 MIN SCALPING by Scalper Pro Systems

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// DISCLAIMER:
// This script is for educational purposes only. It is not financial advice.
// Past performance does not guarantee future results.
// Use this tool at your own risk.

EUR/USD: EUR USD 5 MIN SCALPING by Scalper Pro Systems

Overview
This is a plug-and-play scalping system designed specifically for the EUR/USD 5-Minute chart. Created by Scalper Pro Systems, it simplifies intraday trading by automatically generating Buy/Sell signals with precise Take Profit and Stop Loss levels.

How It Works
The strategy uses a "Safety First" approach to find stable entries:
1. Trend Filter (EMA 200): Ensures you only trade with the main trend (Buy only if price is above; Sell only if price is below).
2. Entry Trigger (EMA 9 & 21): Identifies short-term momentum shifts.
3. Noise Filter (RSI): Prevents entering trades when momentum is weak or exhausted.

Main Features
🟢🔴 Clear Signals: Draws Green (Buy) and Red (Sell) boxes directly on the chart.
📉📈 Auto TP & SL: Instantly calculates your Stop Loss (based on recent swing lows/highs) and Take Profit (1.5x risk) and displays the exact price numbers.
⏱️ Live Tracking: The system tracks the trade for you and marks exactly when and where the Target or Stop Loss was hit.
📊 Dashboard: Shows Signal Time, Entry Price, TP, and SL in a clean information box.

Best Settings
Timeframe: 5 Minutes
Asset: EUR/USD (Can also be used on Gold/XAUUSD or Indices)
Session: Best used during London or New York sessions.

Risk Warning
Trading involves risk. This tool helps visualize a strategy but does not guarantee profits. Always manage your risk.

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