OPEN-SOURCE SCRIPT
Scalping London New York Indicator
Scalping London New York SMA Signal Indicator is a short-term trend-following signal indicator designed for active forex chart analysis, especially on M1 and M5 charts.
The script uses a fast and slow Simple Moving Average to identify the market direction. A buy signal is displayed when the previous confirmed candle is bullish and the fast SMA is above the slow SMA. A sell signal is displayed when the previous confirmed candle is bearish and the fast SMA is below the slow SMA.
The indicator includes a session-style time filter, an optional long-only mode, trend background coloring, and alert conditions for both buy and sell signals. On a 5-minute chart, the moving average periods are automatically adjusted to approximate the original lower-timeframe settings.
Default settings:
Fast SMA: 60
Slow SMA: 280
Time Filter: Enabled
Start Hour: 7
End Hour: 17
Only Long: Disabled
Recommended timeframes: M1 and M5
Recommended market: Forex, especially JPY pairs such as USDJPY
This indicator is intended for chart analysis and signal monitoring only. It does not place trades or perform backtesting.
This script is intended for chart analysis, backtesting support, research, and educational purposes only.
It does not guarantee future performance and should not be considered financial advice.
Please test carefully before using it in any trading decision.
The script uses a fast and slow Simple Moving Average to identify the market direction. A buy signal is displayed when the previous confirmed candle is bullish and the fast SMA is above the slow SMA. A sell signal is displayed when the previous confirmed candle is bearish and the fast SMA is below the slow SMA.
The indicator includes a session-style time filter, an optional long-only mode, trend background coloring, and alert conditions for both buy and sell signals. On a 5-minute chart, the moving average periods are automatically adjusted to approximate the original lower-timeframe settings.
Default settings:
Fast SMA: 60
Slow SMA: 280
Time Filter: Enabled
Start Hour: 7
End Hour: 17
Only Long: Disabled
Recommended timeframes: M1 and M5
Recommended market: Forex, especially JPY pairs such as USDJPY
This indicator is intended for chart analysis and signal monitoring only. It does not place trades or perform backtesting.
This script is intended for chart analysis, backtesting support, research, and educational purposes only.
It does not guarantee future performance and should not be considered financial advice.
Please test carefully before using it in any trading decision.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。