Magic Trading Tool
Scalping Indicator
100% FreeIt combines an adaptive price channel, a ribbon of nine EMAs that shows momentum strength through color, and long term averages as a trend filter, plus fractal and swing point detection (HH, HL, LH, LL). Signals print on a channel breakout with trend confirmation, and it is built for swing trading and scalping in the direction of the market.
How to install
Open TradingView and click Pine Editor at the bottom. Open the file you downloaded, copy all of its contents, and paste it into the editor replacing what is there. Then press Add to chart and it appears on your chart.
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