Scalper Pro

Scalper Pro

Key Features:

1. Timeframe Flexibility: You can adjust the timeframe for scalping (1M, 5M, 15M, 1H, 4H), and the script adapts its swing and pivot detection logic accordingly.
2. Swing and Pivot Identification: It automatically identifies and marks pivotal highs and lows, using customizable colors for bullish and bearish trends.
3. Alerts for Pivots: You can set alerts when new pivot points are formed, helping you stay aware of potential market reversals.
4. Trend Line Extension: After detecting swing points, the script draws and extends trend lines (dashed) for both bullish and bearish trends. These lines act as potential support and resistance zones.
5. Cross-Over Detection: It monitors when price crosses above or below these swing levels, indicating a possible change in trend direction, giving traders actionable signals.

How to Use:

• Input Settings:
  • Adjust the timeframe to match your trading strategy.
  • Customize pivot length, colors, and whether to display pivots directly on the chart.
  • Enable or disable alerts for pivot levels to stay notified of key price actions.
• Pivots and Swing Levels:
  • Highs and lows will be marked with small triangles (above for highs, below for lows).
  • Swing highs and swing lows will have dashed trend lines extending forward, allowing traders to watch for price action respecting or violating these levels.
• Alerts:
  • You can choose from different alert frequencies, such as “Once Per Bar” or “Once Per Bar Close”, ensuring you stay updated without overwhelming notifications.

Benefits for Traders:

• Scalping Precision: With its automatic detection of swing points and pivots, the script helps scalpers and day traders identify key levels for entering and exiting trades quickly.
• Trend Reversals: By tracking crossovers with the extended swing levels, traders can react promptly to potential trend reversals.
• Custom Alerts: The ability to set alerts ensures that you never miss critical price movements, even when you’re away from your screen.
• Support and Resistance: The trend lines provide dynamic support and resistance levels, making it easier to trade with market structure in mind.

The Scalper Pro TradingView indicator simplifies trading by offering key insights into market swings, supporting faster and more confident trading decisions. 

Scalping Pro SMI Indicator is also included in the price.