Price Action Scalper PRO

This is a multifunctional indicator you can use on any timeframe. (We recommend to use 5min +)

It provides many great tools for all market conditions:

• see the video for all information

1) Baseline

• Quick and smooth moving average that attempts to remove lag in its entirety.
• It identifies the direction and strength of a trend.
• If the baseline is green, the market is in an uptrend. If the baseline is red, the market is in a downtrend.
• The baseline can also be gray which means that the current trend is weakening or that the market is flat

2) Bar-Color

• Bar-color identifies shorter trends by short exponential moving averages.
• Green bar-color means the bulls are in power right now.
• Red bar-color means the bears are in power right now.

3) Strength Table

• Table in the bottom right corner that shows different trends and strengths in the market:
• Current Trend
• Daily Trend
• Overbought/Oversold
• Momentum
• Volatility
• Volume.
• You should see at least 2-3 bullish signs in the table to buy or 2-3 bearish signs to sell.

4) Supplies and demands

• It draws recent supplies and demands, which are zones where the prices usually reverse, based on recent highs and lows. 
• The size of the zone is determined by atr, which you can multiply in settings.

5) Breaks of structure

• If the price falls below or above the zone, the indicator draws a break of structure, which are great signals for buying or selling.
• We have also included protection from false breakouts.

6) Fibonacci retracement levels

• Next, it draws fibonacci levels (0.236, 0.382 and 0.5) in real time. 
• These levels are zones where the market retraces most of the time if the trend is strong.

We recommend you to look for at least 3 bullish signals to buy or at least 3 bearish signals to sell short.

!!!WORKS ONLY ON TRADINGVIEW!!!

After you purchase, you will get source code of the indicator and simple guide how to set it up.

WARNING: This product contains proprietary source code that is the intellectual property of Trading Master. You are prohibited from sharing, distributing, or reproducing the source code in any way. Violators may be subject to legal action.