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EMA Scalper Pro BY FS and Grok

- Main Configuration (Inputs)
When adding the indicator, you'll see a settings panel divided into groups. Here's the key ones and recommendations for your setup (60x on BTC at open):
EMA Configuration:
"EMA Fast Period" (default 7): Fast EMA for momentum. Lower for faster signals (e.g., 5-9).
"EMA Slow Period" (default 25): Slow EMA for trend. Increase for more stable trends (e.g., 20-30).
"Show EMAs" (true): Displays blue (fast) and orange (slow) lines. Turn off if the chart is cluttered.
Candle Patterns:
"Confirmation Candles" (default 2): Bars to check patterns (e.g., hammer, engulfing). Increase to 3-4 for fewer false signals.
"Enable Patterns" (true): Activates bullish/bearish pattern filter. Useful for signal confirmation.
Market Structure:
"Pivots Lookback" (default 5): Bars to detect higher highs/lower lows. Adjust to 3-7 for BTC volatility.
"Show Labels" (true): Draws "Uptrend" (green) or "Downtrend" (red) on pivots.
"Filter by Trend" (true): Buy signals only in uptrend, sell in downtrend. Enable to avoid counter-trend trades.
Volume Confirmation:
"Volume MA Length" (default 14): Period for volume average. Lower for sensitivity.
"Z-Score Threshold" (default 2.0): Threshold for spikes. Lower to 1.5 for more signals.
"Enable Volume Confirmation" (true): Requires volume spike for signals.
Liquidity Zones:
"Minimum Reaction ($)" (default 400): Minimum move for a zone. Adjust based on BTC volatility.
"Max Zones to Show" (default 20): Limit of boxes (green for buy/low, red for sell/high).
"Zone Width (x ATR)" (default 0.5): Width based on volatility. Increase for wider zones.
"Show Liquidity Zones" (true): Draws horizontal boxes.
"Enable Alerts" (true): Alerts when entering a zone (e.g., "Price entered Liquidity Buy Zone").
Order Blocks Detection:
Similar to liquidity: "Minimum Reaction" (400), "Max" (20), "Width" (0.5), "Show" (true), "Alerts" (true).
Boxes: Lime for bull (support), fuchsia for bear (resistance).
Fair Value Gaps Detection:
"Minimum Gap ($)" (default 50): Minimum gap for FVG.
"Max FVGs" (20): Limit of boxes (teal for bull, maroon for bear; gray if mitigated).
"Show FVGs" (true): Draws gaps.
"Enable FVG Alerts" (true): When entering (e.g., "Price entered Bullish FVG").
"Enable FVG Mitigation Alerts" (true): When filling gap (e.g., "Bullish FVG Mitigated").
Higher TF Table: "Show Table" (true): Displays table with EMA crosses on 5m, 15m, etc. (TF, Dir: Bullish/Bearish, Bars since cross).
Recommendation for your setup: Keep defaults to start. On 1m/5m, enable all filters for precision in 60x. Test in demo before live.
- How to Interpret the Indicator on the Chart
EMA Lines: Blue (fast), orange (slow). Bullish cross (blue over orange) = potential buy; bearish = sell.
Confirmed Crosses: Green cross below (buy), red above (sell), offset to align with candle.
Trend Labels: "Uptrend" green on highs, "Downtrend" red on lows. Indicates structure (HH/LL).
Liquidity Zones: Extended horizontal boxes. Green (buy/support), red (sell/resistance). Expect reactions (bounce/break) when touched.
Order Blocks: Lime boxes (bull/support), fuchsia (bear/resistance). Areas where accumulated orders can cause reactions.
FVGs: Teal boxes (bull/imbalance up), maroon (bear/imbalance down). Unfilled gaps; gray if mitigated (gap closed).
Final Signals: Green triangle below (buy), red above (sell). Combines everything: cross + patterns + trend + volume.
Higher TF Table: In top-right. Shows for 5m-D: TF, Dir (Bullish green/Bearish red), Bars (since last cross). Useful to align with larger trends.
- Alerts and Notifications
Set up alerts in TradingView: Right-click on the indicator > "Add alert".
Signals: "Buy Signal" or "Sell Signal" when triangle appears.
Zones: When entering box (e.g., "Price entered Liquidity Buy Zone").
OB/FVG: Similar, plus mitigation (e.g., "Bullish FVG Mitigated" when gap fills, signaling potential continuation).
- How to Use in Trading (Tips for Your Setup)
Timeframe: 1m/5m for scalping at open (9:30 AM ET, influenced by traditional markets).
Strategy: Wait for signal (triangle) near zone/OB/FVG, with volume and trend aligned. In 60x, use stops at ATR (e.g., 1-2x ATR) and takes at 1:2 ratio. Low exposure (3-5 min/trade).
Risk: Always backtest (in TradingView) and use 1-2% capital per trade. Not financial advice; combine with your analysis.
Customization: Disable filters for more signals, but increases risk. For volatile BTC, lower reaction/gap thresholds.
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Script protegido
Esse script é publicada como código fechado. No entanto, você pode gerenciar suas escolhas de bate-papo. Por favor, abra suas Configurações do perfil
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.