colinmck

5 min bot scalper

SAR signals (Parabolic and Lucid) combined with UT pivots , all filtered by the 200 MA. Golden and death crosses are also included to catch larger moves out-with long/short trends. These are filtered by my chop indicator to remove sideways signals.

This is designed for the 5 minute chart but may be useful elsewhere with some tweaking.

Alerts are included for long, short and exit signals.
Release Notes: Fixing error with MA alerts
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Comments

the chop filter is only showing red, not one green square.. Is there a setting i need to change?
+1 Reply
colinmck Mweiler
@Mweiler, the chop filter shown in this indicator is different from the stand-alone version I posted earlier this week. It's more advanced and shows when it's safe to trade. The filter in the 5 min script only shows when NOT to take a trade.
Reply
Mweiler colinmck
@colinmck, ok that makes sense.. thanks
Reply
Great indicator. What are the req squares at the bottom of the chart for?
+1 Reply
colinmck zpeach
@zpeach, Thanks! That's my chop indicator. It's used to identify areas of sideways trending. If there's a red square then it will filter out signals that would ordinarily appear during that time.
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All i can say is WOW!!! Do you have any suggestions for a bot? Using autoview? Thank you in advance. Oh, and thank you for a great indicator! Sorry, forgot to tell you back testing was so good i could not believe it. Thank you again.
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colinmck diamondbackdiesel
@diamondbackdiesel, Thanks! Hope it works for you. I personally use ProfitView, but there are loads out there.
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Can we create an alert if the indicator sends a long/short signal ? If so, can you please explain the procedure. I am new here, that is why bothering too much.
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colinmck yamin581
@yamin581, Yep, these are already built in. Just add the indicator to your chart and create an alert using the clock icon in the top right. Choose this indicator as the condition and then Long in the second dropdown. Choose Once Per Bar Close and then repeat these steps for Short.
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yamin581 colinmck
@colinmck, Thank you so much.
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