OPEN-SOURCE SCRIPT
Gemini Scalping Strategy [Pro Dash]
Description: Gemini Scalping Strategy is a comprehensive monitoring system designed for high-frequency trading and scalping on lower timeframes (1m to 15m). This tool combines a fast-response Trailing Stop based on Average True Range (ATR) with a professional, real-time multi-factor Dashboard to provide a complete view of market structure and momentum.
Key Features:
Reactive ATR Trailing Stop: Provides immediate Buy/Sell signals based on volatility expansion and price breakouts. The trail line dynamically changes color to reflect volatility health.
Contextual Dashboard:
Choppiness Index (Corrected): Identifies whether the market is in a Trending phase (below 38.2) or a Sideways phase (above 61.8), helping to avoid "noise" in flat markets.
RSI Control Logic: Uses the 50-level pivot to define market control (Bull Control vs. Bear Control) instead of simple overbought/oversold levels.
ADX Strength: Measures trend intensity to filter out weak breakouts.
ATR Expansion: Monitors whether current volatility is above its average to confirm entry momentum.
How to use:
Entry: Primary signals are generated by the ATR triangles.
Confirmation: Use the Dashboard to verify market quality. High-probability trades occur when ATR signals align with "TREND" status on the CHOP and "BULL/BEAR CONTROL" on the RSI.
Customization: All dashboard elements (position, size, transparency, and theme) are fully customizable via the settings menu.
Disclaimer: This indicator is for educational and analytical purposes only. Trading involves significant risk, and past performance is not indicative of future results.
Key Features:
Reactive ATR Trailing Stop: Provides immediate Buy/Sell signals based on volatility expansion and price breakouts. The trail line dynamically changes color to reflect volatility health.
Contextual Dashboard:
Choppiness Index (Corrected): Identifies whether the market is in a Trending phase (below 38.2) or a Sideways phase (above 61.8), helping to avoid "noise" in flat markets.
RSI Control Logic: Uses the 50-level pivot to define market control (Bull Control vs. Bear Control) instead of simple overbought/oversold levels.
ADX Strength: Measures trend intensity to filter out weak breakouts.
ATR Expansion: Monitors whether current volatility is above its average to confirm entry momentum.
How to use:
Entry: Primary signals are generated by the ATR triangles.
Confirmation: Use the Dashboard to verify market quality. High-probability trades occur when ATR signals align with "TREND" status on the CHOP and "BULL/BEAR CONTROL" on the RSI.
Customization: All dashboard elements (position, size, transparency, and theme) are fully customizable via the settings menu.
Disclaimer: This indicator is for educational and analytical purposes only. Trading involves significant risk, and past performance is not indicative of future results.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
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.