Adaptive Fractal Grid Scalping Strategy

This Pine Script v6 component implements an "Adaptive Fractal Grid Scalping Strategy" with an added volatility threshold feature.

Here's how it works:

• Fractal Break Detection: Uses ta.pivothigh and ta.pivotlow to identify local highs and lows.
  
• Volatility Clustering: Measures volatility using the Average True Range (ATR).
  
• Adaptive Grid Levels: Dynamically adjusts grid levels based on ATR and user-defined multipliers.
  
• Directional Bias Filter: Uses a Simple Moving Average (SMA) to determine trend direction.
  
• Volatility Threshold: Introduces a new input to specify a minimum ATR value required to activate the strategy.
  
• Trade Execution Logic: Places limit orders at grid levels based on trend direction and fractal levels, but only when ATR exceeds the volatility threshold.
  
• Profit-Taking and Stop-Loss: Implements profit-taking at grid levels and a trailing stop-loss based on ATR.
  

How to Use

• Inputs: Customize the ATR length, SMA length, grid multipliers, trailing stop multiplier, and volatility threshold through the input settings.
  
• Visuals: The script plots fractal points and grid levels on the chart for easy visualization.
  
• Trade Signals: The strategy automatically places buy/sell orders based on the detected fractals, trend direction, and volatility threshold.
  
• Profit and Risk Management: The script includes logic for taking profits and setting stop-loss levels to manage trades effectively.
  

This strategy is designed to capitalize on micro-movements during high volatility and avoid overtrading during low-volatility trends. Adjust the input parameters to suit your trading style and market conditions.