Trend Scalper (Expo)

DESCRIPTION

Trend Scalper (Expo) is a Scalping strategy based on RSI , Stochastic and moving averages techniques. The idea is to visualize scalping opportunities in trends.

The trend is determined by the color of the moving average called ‘TrendHolder’ The ‘Trendholer’ consists of 3 colors, green, red and orange. Green is a positive trend, red is a negative trend and orange is a neutral or no trend.

Scalping opportunities are visualized by the circles and the triangles. The circles are based on RSI calculation. The triangles are based on Stochastic calculation.

– If there is a green circle and a green triangle and ‘Trendholder’ is orange or green, Enter Long!

– If there is a red circle and a red triangle and ‘Trendholder’ is orange or red, Enter Short!

Combine the indicator with HEIKIN ASHI candlesticks .

HOW TO USE

1. Use the indicator to find scalping opportunities in trends.

 

Subscribe to our membership

TRY IT YOURSELF!

Access the Trend Scalper Indicator on TradingView

ACCESS THE INDICATOR ON TRADINGVIEW!

“Boost” the script and add it to your FavoritesPlease leave a comment if you like it!

More Indicators

ICT Donchian Smart Money Structure

ICT Donchian Smart Money Structure

ICT Smart Money Structure Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this...

Pattern Forecast

Subscribe to our membership TRY IT YOURSELF! Access the Free Pattern Forecast Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

Price Action Color Forecast

Subscribe to our membership TRY IT YOURSELF! Access the Free Price Action Color Forecast Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

SuperBollingerTrend

SuperBollingerTrend

SuperBollingerTrend Subscribe to our membership TRY IT YOURSELF! Access the Free SuperBollingerTrend Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

RSI Exponential Smoothing

RSI Exponential Smoothing

Scroll down to access the indicator! For Free RSI Exponential Smoothing Indicator The Relative Strength Index (RSI) and the Exponential Moving Average (EMA) are two popular indicators. Traders use these indicators to understand market trends and predict future price...

Smart Money Concept Probability

Smart Money Concept Probability

Scroll down to access the indicator! For Free Smart Money Concept Probability The Smart Money Concept Probability (Expo) is an indicator developed to track the actions of institutional investors, commonly known as "smart money." This tool calculates the likelihood of...

MACD & RSI Overlay

MACD & RSI Overlay

MACD and RSI Overlay Indicator The MACD & RSI Overlay (Expo) trading indicator is a technical analysis tool that combines two popular indicators, the Relative Strength Index (RSI [14]) and the Moving Average Convergence Divergence (MACD [12,26]), and overlays them...

2B Reversal Pattern

2B Reversal Pattern

The 2B reversal pattern, also known as the spring pattern, is a popular chart pattern among professional traders to identify potential trend reversals. This pattern occurs when the price seems to be breaking up or down and suddenly bounces back up or down, forming a...

Fair Value Gap Oscillator

Fair Value Gap Oscillator

Fair Value Gap Oscillator The Fair Value Gap Oscillator is an exceptional smart money concept tool that measures oscillations of the market's fair value gaps. It is a leading momentum indicator used to identify the assets' mispricings over time. By understanding how...

Ross Hook Indicator

Ross Hook Indicator

Ross Hook Indicator Access it for free here! Watch the video here!   Technical analysts use historical price data to predict the market and identify trading opportunities in price trends and patterns. This way of reading the market is becoming more and more...