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Impulse scalping

Scalping is a trading method based on receipt of fairly small profit on small price changes over a trading period.

When someone starts scalping trading, he or she poses a question concerning entry points. This Impulse scalping indicator represents ready-to-use trading system. In Non Stop mode, it displays evident entry points for short stop losses. As a filter, the indicator uses an integrated panel of relative strength of bulls and bears displaying possible market movement in percentage ratio.

The indicator is designed for trading on M1, M5, M15. Any trading sessions.

The program is based on difference between candles range and CCI indicator with a short period. Indicator signals are formed on a current bar.

Parameters

  • Period I.S — indicator period
  • Factor — frequency of indicator signals
  • Bars — number of bars to display signals on the history
  • Notification — alert notification (pop-up window), sending to Email, Push-notifications.
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版本 1.2 - 2015.08.19
Fixed recalculation by bars.
版本 1.1 - 2015.03.04
Added a trend line acting as a filter.