Laser Trend Scalping Arrows
- Индикаторы
- Версия: 1.0
Laser Trend Scalping Arrows draws a bright neon laser trend line through the middle of the candles so you can read the current trend at a glance: green for an uptrend, red for a downtrend. On top of the trend it marks the swing pivots and plots a clean white arrow every time the trend flips.
This is the free edition. It gives you the laser trend engine and the visual signals, with no time limit, no account limit and no instrument limit.
HOW IT WORKS
- Laser trend line: a thick neon halo with a thin white-hot core that runs along price, turning green in an uptrend and red in a downtrend.
- Swing pivot arrows: mark the exact swing low and swing high where the laser changes color.
- White flip arrows: drawn on the bar where the laser flips color, in the direction of the new trend.
- Non-repaint: pivots and white arrows are confirmed on the bar where the color changes and do not move afterwards.
KEY FEATURES
- Clean chart: only the laser and the arrows, no clutter.
- Non-repaint signals confirmed on candle close.
- Works on every symbol and every timeframe (defaults tuned for M1-M5 scalping; raise the ATR period and multiplier for higher timeframes).
- No DLLs and no external calls.
INPUTS
- ATR period and ATR multiplier control the trend sensitivity.
- Pivot arrow gap and flip arrow gap (x ATR) control how far the arrows sit from price.
WANT MORE? Laser Trend Scalping Pro keeps everything here and adds, on the same laser engine: auto-drawn trade levels (ENTRY, STOP, TP1 1:1, TP2 1:2 and a dynamic EXIT), a points and money panel that sizes the trade with fixed-fractional risk on your account balance, a trend strength gate (ADX) and alerts.
HOW TO USE
1. Attach it to any chart and timeframe.
2. Follow the laser color for the trend direction.
3. Use the swing pivots and the white flip arrows to time your entries and exits, and apply your own risk management.
This is a technical analysis tool. It does not place trades automatically and does not predict future prices. Past behavior of any indicator does not guarantee future results. Always use proper risk management.
Convex Trading Systems
If this indicator is useful to you, please leave a comment or a review - it really helps and I truly appreciate it. Thank you!
Very good and helpful indicator! Thank you very much!