Hunter Scalper Synthetic
- Indicatori
- Magdalena Estefania Colonna
- Versione: 1.0
- Attivazioni: 5
🎯 Hunter Scalper Synthetic — Indicator Description
Platform: MetaTrader 5 (MQL5) Recommended Pair: Crash 500 / Boom 500 (Deriv synthetic indices) Suggested Minimum Balance: $100 USD Version: 1.0 | Developed by FrozenSkillz
What is it?
Hunter Scalper Synthetic is a signal indicator designed exclusively for Deriv's Crash & Boom 500 synthetic indices. It combines the classic RSI with automatic divergence detection and overbought/oversold levels to generate precise entry signals, accompanied by visual TP and SL zones calculated using ATR.
⚙️ How does it work?
The indicator works with two signal engines that operate in parallel:
1. RSI Extreme Zone Signals (OB/OS): Generates a BUY signal when the RSI falls to the oversold level (20) and confirms a local low, and a SELL signal when the RSI rises to the overbought level (80) and confirms a local high. Includes a configurable cooldown to prevent repeated signals.
2. Divergence Detection
Regular bullish divergence: Price forms a lower low, but the RSI forms a higher low → BUY signal.
Regular bearish divergence: Price forms a higher high, but the RSI forms a lower high → SELL signal.
Hidden divergences (optional): Detects trend continuations when price and RSI move in opposite directions at their pivot points. 📊 Visual elements on the chart
Green (▲ BUY) and red (▼ SELL) arrows above/below the candlesticks in the main window.
"BUY" / "SELL" text labels next to each signal.
Rectangular TP (green) and SL (red) zones calculated with ATR × configurable multipliers (TP: 5x ATR / SL: 3x ATR by default).
Divergence lines drawn directly in the RSI sub-window connecting the detected pivots.
Circular markers in the RSI sub-window indicating the exact point where the signal was triggered.
On-screen statistics panel with the BUY/SELL signal count, active parameters, and visual ratio bar.
Dark color theme automatically applied to the chart (dark background, green/red candlesticks, subtle grid). 🛠️ Configurable Parameters
Group Parameter Default
RSI Period 14
RSI Overbought 80
RSI Oversold 20
Lookback Divergences (bars per side) 3
Historical Bar Divergences 200
Signals Cooldown between signals 5 bars
TP/SL TP Multiplier 5× ATR
TP/SL SL Multiplier 3× ATR
ATR Period 14
💡 Usage Recommendations
Works best on short timeframes (M1, M5) taking advantage of the explosive volatility of the Crash & Boom 500.
With a balance of $100 USD, you can trade with minimum lots (0.20–0.50) while maintaining proper risk management.
It is recommended to activate regular divergences and keep hidden divergences deactivated initially, until you become familiar with the signals.
The TP and SL zones are for guidance only; Always confirm with the context of the chart before entering.
