Impulse Scalper [NXT2017] - with included market scanner

26 Nov 2019

Private Indicator.

HI BIG PLAYERS,

with this indicator it is possible to analyze small rebound effects in the trading market and to scalp the movement into the trend again.

HOW IT WORKS



Hereby the indicator use a candleformation with a huge wick inside of a band, based on a Simple Moving Average on the 50 highs and 50 lows.

A signal is shown with vertical red/green background around the bar for selling/buying. Furthermore, the high/low of the signal serves as StopLoss line and makes a horizontal red line inside the active trading time. The trade is to closing if the second candle after the signal is finished.

For example:
1. candle => signal
2. candle => entry on open price with the SL
3. candle => nothing to do
4. candle => close your trade after candle 3 is finished



For the analysis I have set the following settings:
Initial Capital: 100 000 (the default setting)
Base Currency: USD
OrderSize: 3% of equity
Pyramiding: 1 orders
Commission 0%
Verify Price For Limit Orders: 0 ticks
Slippage 0 ticks

Recalculate:
After Order is Filled (deactived)
On Every Tick (deactived)

A market scanner is also integrated in this indicator. Since good signals rarely occur in a market, the market scanner allows up to 10 markets to browse for the signals simultaneously. My favorite markets are currently selected as default.

The 10 default markets are:
AUDJPY
BTCEUR
BTCUSD
ETHBTC
ETHUSD
EURJPY
GBPNZD
NZDUSD
USDCAD
USDJPY

Market Scanner in action (in the settings you can also hide the labels):



Of course, alerts are also possible with the TradingView Alerts system. For example it's possible to get a message per signal to your e-mail, that you use on TradingView.

Access to the indicator: use the link below, thanks for your attention!

Kind regards

NXT2017