OPEN-SOURCE SCRIPT
Updated Scalp Pro
Scalp Pro is a scalping tool that uses the MACD mechanism. MACD lines are smoothed using fibonacci numbers and pi numbers. In this way, the noise on the signal is reduced. A "BUY" signal is generated when the lines cross upwards. If the lines cross down, a "SELL" signal is generated. The logic is very simple and the Indicator is very useful.
I wish you many profitable trades.
I wish you many profitable trades.
Release Notes
Fine adjustments have been made in this version. It can now work for a 3-minute period as well.Release Notes
Fine adjustments have been made in this version. It can now work for a 3-minute period as well.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.