The Impulse Scalper indicator is a strategy script that detects small rebounds in the market into the trend. Based on a Simple Moving Average for the highs and lows as well as other conditions, these backsets are to be scalped. This means that you enter the market with a stop loss and 2 candles after the signal exit the market. During this time, you catch the movement.
The indicator can be used in any time frame. However, the best results in the past were recorded in the 15-minute chart.
In order to use this indicator after purchase, an unblocked user account on TradingView* is required. The TradingView username can be entered in the ordering process. The indicator is unlocked to the username within 24 hours of payment.
The indicator in action:
Scalping is a short-term trade and in the past offered only a handful of signals per market. Therefore, it is worthwhile to use this strategy in several markets. For this reason, an integrated market scanner is available in the indicator, which allows you to browse through the 10 markets at your own choice for signals.
These signals can be set as an alarm message in TradingView and, for example, be notified by e-mail as soon as a signal is found.
For example, 33 signals had been detected here in the image above in the last 30 days in the 15 minute chart. At the moment the following markets are set as default (you can change them yourself):
A simple average line is responsible for trend tracking. Set to 50 in the default settings.
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