Scalp Pro v2.0 Overview
A professional trading indicator combining multiple signal types with multi-timeframe analysis to identify high-probability scalping opportunities on futures markets.
📊 Entry Signals (BUY/SELL)
Score-based momentum entries using 10+ factors. Signals trigger when score exceeds threshold (0-20 scale).
🔄 VCRE Signals (V)
Volume-Confirmed Range Expansion reversal detection. Finds price breaking multiple previous levels with volume confirmation.
▲▼ Pattern Signals
Classic candlestick patterns (engulfing, stars, kickers, piercing/dark cloud) filtered by volume and trend.
📋 MTF Dashboard
Multi-timeframe analysis showing Momentum, Sentiment, and Volatility across 5 timeframes (4m to Daily).
Recommended Setup
Best Timeframes:
Best Sessions (ET):
Best Instruments:
Entry Signal Scoring
Entry signals evaluate 10 market factors to generate a score from 0-20. Signal triggers when score exceeds your sensitivity threshold.
Scoring Components (Max 20 points)
| Factor | Buy Condition | Sell Condition | Points |
|---|---|---|---|
| VWAP Alignment | Price above VWAP for 2+ bars | Price below VWAP for 2+ bars | +2 |
| EMA Stack | EMA9 > EMA13 > EMA48 & price above all | EMA9 < EMA13 < EMA48 & price below all | +3 |
| MACD Momentum | Histogram positive and increasing | Histogram negative and decreasing | +2 |
| RSI Sweet Spot | RSI 50-70 and rising | RSI 30-50 and falling | +2 |
| Volume Surge | Volume > 1.5x average + green candle | Volume > 1.5x average + red candle | +2 |
| Candle Strength | Closes above previous high | Closes below previous low | +2 |
| ADX Trend | ADX > 25 & +DI > -DI | ADX > 25 & -DI > +DI | +2 |
| MTF Confirm | 15min momentum > 105 | 15min momentum < 95 | +2 |
| Stochastic | %K > %D and < 80 | %K < %D and > 20 | +1.5 |
| Bollinger Position | Between middle and upper band | Between middle and lower band | +1.5 |
Sensitivity Levels
High
Normal
Low
Very Low
VCRE Reversal Signals
VCRE (Volume-Confirmed Range Expansion) detects potential trend reversals by identifying when price breaks through multiple previous candle levels with volume confirmation.
🟢 VCRE BUY Signal
- Anchor Bar: Price breaks below 8+ previous candle lows
- Volume Spike: Volume 1.5x+ average on anchor bar
- Confirmation: Price then closes above anchor high
- RSI Check: RSI < 45 or showing bullish divergence
- 3+ Confirmations: VWAP, RSI, trend, candle, volume
🔴 VCRE SELL Signal
- Anchor Bar: Price breaks above 8+ previous candle highs
- Volume Spike: Volume 1.5x+ average on anchor bar
- Confirmation: Price then closes below anchor low
- RSI Check: RSI > 55 or showing bearish divergence
- 3+ Confirmations: VWAP, RSI, trend, candle, volume
Pro Tip
VCRE signals work best at key levels (PDH/PDL, HOD/LOD). When a VCRE signal appears near a major level, the probability of reversal increases significantly.
Pattern Signals
Classic candlestick patterns filtered by volume (above 20-period average) and trend position (relative to EMA50).
▲ Bullish Patterns
- Bullish Engulfing: Large green candle engulfs previous red
- Morning Star: 3-bar reversal pattern at lows
- Bullish Kicker: Gap up after red candle
- Piercing Line: Opens below low, closes above midpoint
▼ Bearish Patterns
- Bearish Engulfing: Large red candle engulfs previous green
- Evening Star: 3-bar reversal pattern at highs
- Bearish Kicker: Gap down after green candle
- Dark Cloud Cover: Opens above high, closes below midpoint
MTF Dashboard
Multi-timeframe analysis showing market conditions across 5 timeframes (4m, 15m, 1H, 4H, Daily).
| MTF | 4m | 15m | 1H | 4H | D |
|---|---|---|---|---|---|
| MOM | 115 | 108 | 102 | 95 | 92 |
| SENT | 62 | 58 | 52 | 48 | 45 |
| VOL | 28 | 18 | 15 | 12 | 8 |
MOM (Momentum) — RSI + MACD + ROC + EMA trend
| Value | Color | Meaning | Action |
|---|---|---|---|
| ≥ 110 | Strong Green | Strong bullish momentum | Look for long entries |
| 100-109 | Light Green | Bullish momentum | Favor long bias |
| 90-99 | Yellow | Weak/neutral | Wait for clarity |
| 80-89 | Orange | Bearish momentum | Favor short bias |
| < 80 | Red | Strong bearish | Look for shorts |
SENT (Sentiment) — Candle count + Range position + ADX
| Value | Color | Meaning |
|---|---|---|
| ≥ 55 | Green | Buyers in control |
| 50-54 | Light Green | Slight buyer edge |
| 45-49 | Yellow | No clear edge |
| < 45 | Red | Sellers in control |
VOL (Volatility) — ATR + Bollinger Band width
| Value | Color | Action |
|---|---|---|
| ≥ 40 | Red | Widen stops, reduce position size |
| 30-39 | Orange | Be cautious with entries |
| 20-29 | Yellow | Normal volatility - standard sizing |
| 10-19 | Light Green | Good for entries |
| < 10 | Green | Very low - potential breakout coming |
BIAS (Overall Direction)
| Bias | Condition | Action |
|---|---|---|
| BULL ▲ | Avg Momentum > 100 AND Avg Sentiment > 50 | Focus on long setups only |
| BEAR ▼ | Avg Momentum < 100 AND Avg Sentiment < 50 | Focus on short setups only |
| WAIT ◆ | Mixed conditions | No clear edge - wait or reduce size |
Scalp Pro Settings
Signal Settings
| Parameter | ON Effect | OFF Effect | Default |
|---|---|---|---|
| Entry Signals | Shows BUY/SELL labels with scores | Hides main entry signals | ON |
| Reversal Signals (VCRE) | Shows V labels at reversals | Hides VCRE signals | ON |
| Pattern Signals | Shows ▲/▼ at candlestick patterns | Hides pattern signals | ON |
| Sensitivity | High (8) → Normal (10) → Low (11) → Very Low (12) | Normal | |
Display Settings
| Parameter | ON Effect | OFF Effect | Default |
|---|---|---|---|
| Fast MA (13) | Shows yellow 13 EMA | Hidden | ON |
| Mid MA (48) | Shows purple 48 EMA | Hidden | ON |
| Slow MA (200) | Shows red 200 EMA | Hidden | ON |
| MA Cloud | Fills between 13 & 48 EMA | No cloud fill | ON |
| Color Candles | Colors bars by bias direction | Default candle colors | ON |
| Dashboard | Shows MTF dashboard | Hidden | ON |
Level Settings
| Parameter | Description | Default |
|---|---|---|
| Yesterday H/L | PDH/PDL lines (yellow) | ON |
| 2-Day H/L | PD2H/PD2L lines (purple) | Optional |
| Today H/L | HOD/LOD lines (cyan) | ON |
| Level Zones | Colored zones around levels | ON |
Trading Strategy
Pre-Trade Checklist
Long Entry Criteria
- Dashboard shows BULL ▲
- BUY signal with score 10+
- Price above VWAP, cloud green
- Not at major resistance
Stop: Below swing low or EMA48 | Target: PDH or 2x risk
Short Entry Criteria
- Dashboard shows BEAR ▼
- SELL signal with score 10+
- Price below VWAP, cloud red
- Not at major support
Stop: Above swing high or EMA48 | Target: PDL or 2x risk
Common Mistakes to Avoid
Trading against bias — If BEAR, don't take buy signals
Ignoring levels — Don't buy at resistance or sell at support
Wrong sessions — Avoid 12:00-2:00 PM lunch hour
No stop loss — Always have predetermined exit
Alert Setup
| Alert Name | Triggers When | Message Format |
|---|---|---|
| Buy Signal | BUY entry signal fires | BUY | TICKER | TIMEFRAME | PRICE |
| Sell Signal | SELL entry signal fires | SELL | TICKER | TIMEFRAME | PRICE |
| Reversal Buy | VCRE buy signal fires | REVERSAL BUY | TICKER | PRICE |
| Reversal Sell | VCRE sell signal fires | REVERSAL SELL | TICKER | PRICE |
| Pattern Buy | Bullish pattern detected | PATTERN BUY | TICKER | PRICE |
| Pattern Sell | Bearish pattern detected | PATTERN SELL | TICKER | PRICE |
| New HOD | Price makes new high of day | NEW HIGH | TICKER | PRICE |
| New LOD | Price makes new low of day | NEW LOW | TICKER | PRICE |
Swing Mode Overview
The Original Oscillator mode is designed for swing traders seeking high-probability setups. It combines momentum forecasting with an 8-factor confirmation system.
📊 Momentum Oscillator
Fast EMA minus Slow EMA with signal line. Crossovers indicate momentum shifts.
🔮 Forecast Projection
Projects momentum up to 8 bars ahead using velocity and market structure.
📐 Confidence Bands
Expanding bands show uncertainty range. Wider = less confidence.
✅ 8/8 Validation
Signals require ALL 8 factors. Rare but high-quality setups.
Recommended Timeframes
Reading the Oscillator
Histogram Brightness = Momentum Speed
Bright bars = momentum accelerating (getting stronger). Dim bars = momentum decelerating (fading). Watch transitions from bright to dim as early reversal warnings.
Using the Forecast
The forecast projects momentum direction up to 8 bars ahead based on current velocity and market structure.
Check Direction
Forecast curving up = bullish expected. Curving down = bearish expected.
Check Confidence
Narrow bands = high confidence. Wide bands = uncertain / volatile market.
Watch Zero Crossings
If forecast projects crossing zero line, expect potential trend change.
Forecast ≠ Prediction
The forecast shows likely momentum direction based on current velocity. It updates every bar. Use with other factors — don't trade on forecast alone.
8/8 Signal Conditions
Signals require ALL 8 factors to align. This is strict by design — fewer signals, higher quality.
🟢 BUY Signal — All 8 Required
- Above 200 EMA — Long-term uptrend
- Above Demand Zone — Support holding
- Bullish Bias ≥5/9 — Multiple indicators + HTF
- Above VWAP — Institutional buying
- EMA 13 > EMA 21 — Short-term momentum
- MACD/RSI Bullish — Oscillator confirmation
- Green Candle — Close > Open
- Volume Above Avg — Participation
🔴 SELL Signal — All 8 Required
- Below 200 EMA — Long-term downtrend
- Below Supply Zone — Resistance holding
- Bearish Bias ≥5/9 — Multiple indicators + HTF
- Below VWAP — Institutional selling
- EMA 13 < EMA 21 — Short-term weakness
- MACD/RSI Bearish — Oscillator confirmation
- Red Candle — Close < Open
- Volume Above Avg — Participation
Trading Workflow
Check Higher Timeframe
Confirm 30m or 1H trend direction. Only trade with the bigger trend.
Wait for 8/8 Signal
Be patient. The system is selective by design. Don't force trades.
Confirm with Forecast
Check forecast direction aligns. Narrow confidence bands = higher conviction.
Enter on Bar Close
Signals appear after bar closes. Enter at next bar open.
Manage Trade
Use confidence bands for stop placement. Exit when histogram fades significantly.
Swing Mode Settings
| Parameter | Default | Description |
|---|---|---|
| Fast EMA Length | 8 | Fast momentum component |
| Slow EMA Length | 21 | Slow momentum component |
| Signal Smoothing | 6 | Signal line SMA period |
| Projection Length | 8 | Bars to forecast (1-22) |
| Confidence Multiplier | 1.5 | Band width in std deviations |
Scalp Mode Overview
High Accuracy Scalper uses an 8-point confluence scoring system. Signals fire when enough factors align (default: 5+).
📊 Confluence Scoring
Each setup scored 0-8. Set your minimum threshold (default: 5).
🔝 Multi-Timeframe
Checks 3 timeframes for trend alignment before signaling.
💰 Smart Money Flow
Analyzes OBV, MFI, VPT, A/D for institutional activity.
🌊 Anti-Chop Filter
ADX-based filter disables signals in ranging markets.
Recommended Timeframes
Confluence Scoring System
The 8 Confluence Factors
Score Thresholds
Score 3/8
Score 5/8
Score 6-7/8
Score 8/8
Filter Options
🔝 Trend Filter
Requires higher TF (15m) to confirm direction. Prevents counter-trend trades.
📢 Volume Filter
Only signals when volume exceeds 20-period average.
🌊 Anti-Chop Filter
ADX < 20 = ranging market. Disables all signals until trend emerges.
⏰ Session Filter
Optional: Only signals during US hours (9:30 AM - 4:00 PM EST).
Never Trade Against the Trend
Even with a valid signal, avoid counter-trend scalps. The trend filter exists for a reason.
Trading Workflow
Check Market Conditions
Ensure ADX > 20 (trending). Best during active sessions with good volume.
Wait for Signal
Look for triangles (valid signals). Aim for 6+ confluence for higher probability.
Quick Entry
Scalp signals are time-sensitive. Enter immediately with tight stop loss.
Fast Exit
Take profits quickly (1:1 to 1:2 R:R). Exit if histogram fades or opposite cross.
Scalp Mode Settings
Sensitivity Presets
| Parameter | Fast | Medium | Slow |
|---|---|---|---|
| Fast EMA | 4 | 6 | 8 |
| Slow EMA | 10 | 14 | 18 |
| Cooldown | 2 bars | 3 bars | 4 bars |
| Best For | 1m-5m | 5m-15m | 15m-1H |
All Settings
| Parameter | Default | Description |
|---|---|---|
| Response Speed | Medium | Fast/Medium/Slow preset |
| Trend Reference TF | 15 | Higher TF for trend confirmation |
| Required Confluence | 5 | Minimum score (3-8) |
| Volume Filter | ON | Require above-average volume |
| Chop Filter | ON | Disable when ADX < 20 |
| US Session Only | OFF | 9:30 AM - 4:00 PM EST only |