Katana scalper
- Indicators
- Yuki Miyake
- Version: 3.0
- Activations: 5
Product Name: KATANA Scalper
[Overview] KATANA Scalper is a non-repainting signal indicator specialized in Price Action and "Momentum" analysis. It removes the need for complex indicators and is designed to visually capture the initial movement of price without lagging.
[Key Features]
1. 100% Non-Repainting Logic Once an arrow signal appears and the candle closes, it will never move or disappear. It maintains the signal position exactly as seen in past testing.
2. Clear Visibility It clearly displays the moment the market direction is decided. It prevents "Analysis Paralysis" and supports simple trading decisions.
[Signal Logic]
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Buy Signal (Gold Arrow): Displayed at points where strong upward pressure (Buying Momentum) is detected.
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Sell Signal (White Arrow): Displayed at points where strong downward pressure (Selling Momentum) is detected.
[How to Use] We recommend a simple trend-following strategy.
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Wait: Wait for the arrow signal to appear on the chart.
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Check: Check the trend direction of the higher timeframe (e.g., check H1 trend if trading on M5).
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Tip: The setup is stronger when the "Higher Timeframe Trend" matches the "Current Signal Direction".
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Entry: Execute the trade when all conditions align.
[Parameters]
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UseAlerts: Enable/Disable Pop-up Alerts, Email, and Push Notifications.
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ArrowOffset: Adjust the distance (in pips) of the arrow from the candlestick.
(Disclaimer: This product does not guarantee profits. Past performance is not indicative of future results.)
