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Handmade Scalp signal

31 USD

Demo downloaded: 448

Published: 15 January 2016

Current version: 5.0

Handmade Scalp signal

Indicators
Dmitry Shmatkov
Version: 5.0
Updated: 12 July 2020
Activations: 5

The indicator is a full-fledged trading system based on four indicators. It consists of several lines indicating trend direction and power. Smooth lines mean strong trend, while broken lines indicate a weak one. Sell if the line appears above the price and buy if it appears below the price. Absence of lines indicates flat market. If the market is uncertain, there are no indications, or the line is yellow. This is a good period for closing orders or waiting for an opposite signal.

The indicator has few settings:

arrow_indent - distance between the lines and the price chart.
use_alert - enable/disable notifications.
send_mail - enable/disable sending notifications to email.
send_push - enable/disable sending Push notifications.
ShowBars - number of bars used for indicator calculation and visualization.

The indicator can be applied to any symbol and timeframe. The most efficient signals are generated on H1 and higher timeframes. Additional volatility and trend direction filters are recommended when working on lower timeframes.

The indicator neither repaints, nor cancels signals, though it can change its position.

more...

Simon 2018.05.08 13:18 #

Really good indicator, one of the best on this website, good job!

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193

Robin 2020.06.29 12:08 #

reapaint

Simon 2018.05.08 13:18 #

Really good indicator, one of the best on this website, good job!

Version 5.0 2020.07.12

Code optimization was performed, signal accuracy and signal reliability were increased. Removed the "Showbars"parameter, now the depth of readings is fixed by 50 bars. Added new "Warning_Buy" and "Warning_Sell" signals that appear either at the close end of the trend, or at 75% accuracy of the signal.

Version 1.52 2018.05.16

1. Changed and optimized the algorithm. Now, signals are triggered 1-2 bars earlier.
2. Added Warning signal type notifying of a trend reversal probability in the near future as a yellow line. If the line appears, prepare existing orders for closure, and avoid opening new ones or use the minimum lot using a previous signal direction as a reference.
3. Added ShowBars parameter - set the number of bars the indicator is displayed on.
4. Removed ability to set a custom notification text.
5. Minor code improvements and bugfixes.

Version 1.46 2017.09.28

Added alerts via Push notifications to the mobile terminal. The notifications are sent for periods from H1 to Week.

Version 1.45 2017.07.17

1. Performed the code optimization.
2. Fixed an error which caused alerts to be generated on every bar. Now they appear only when a new signal is received.
3. Added the function of e-mail notifications. The message includes the instrument name, period in minutes and the signal direction.