====== ScalpZilla Strategy Description ====== ScalpZilla is an advanced algorithmic trading strategy designed for the TradingView platform. This is a fully reversible system that automatically closes opposing positions and manages multiple trade targets with configurable take-profit and stop-loss levels.
=== STRATEGY ARCHITECTURE === The strategy operates with two independent signal sections that can work together or separately: 1. CROSS SECTION: Generates signals based on price crossing a user-defined source indicator 2. SEPARATE SECTION: Uses independent sources for LONG and SHORT signals
=== REVERSIBLE SYSTEM FUNCTIONALITY === - The strategy automatically closes all opposing positions when a new signal is triggered - For example, if a SHORT signal is received while in a LONG position, the system will: * Close all current LONG positions * Open a new SHORT position - This reversible mechanism ensures the strategy always follows the current market direction
=== CONFIRMATION MECHANISM === Both sections can be configured to require confirmation from each other: - When "Use As Confirmation" is enabled for a section, its signals act as confirmation triggers - Two confirmation modes available: * DELAYED: Waits for confirmation, opens position either when signal arrives and confirmation exists, or when confirmation arrives for an existing signal * IMMEDIATE: Opens position only if confirmation already exists when signal arrives, otherwise skips This allows creating complex conditions like: "Enter LONG only when both Cross and Separate sections agree on the direction"
=== TAKE PROFIT AND STOP LOSS MANAGEMENT === - Multiple take-profit levels (TP1-TP5) with individual activation and percentage settings - Position size is automatically split equally between active TP levels - Stop-loss protection with customizable percentage-based distance from entry - All orders are managed separately for each section to avoid conflicts
=== ALERT SYSTEM === The strategy includes a comprehensive alert system with formatted messages that include: - Trading pair/symbol - Position direction (LONG/SHORT) - Entry price - All take-profit target levels (TP1-TP5) - Stop-loss level - Recommended leverage (25x)
Three alert configuration options are available: 1. "alert() function calls only" - For entry signals only 2. "Order fills and alert() function calls" - For all events 3. "Order fills only" - For order executions only Alerts are formatted for compatibility with Cornix automation platform.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.