This indicator is part of our Fracking series of indicators and is specifically designed for scalping Crypto. It looks for a particular price action pattern/sequence then displays levels and a label on the chart to show a potential entry, target, and stop based on that analysis. Basically enter long through the green zones and short through the red zones. The target levels are not guaranteed to be hit, but are a good guide with high potential. Pivot Point levels were added for additional confirmation of potential key levels.
Trading is risking and you can lose money. Trade at your own discretion and risk. This indicator is only providing potential scalping zones based on recent price action.
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Per request from @ridicoulous, added the ability to create alert when labels show.
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Fixed typo on stop level. oops!
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Second typo fix. Done now.
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Since this can be used with many different crypto instruments, added the Instrument Name and Chart Time that the alert was created on.
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Converted to Pinescript V5 and cleaned up code.
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I was asked to include the ability to create an alert on just the "Super Long" and "Super Short" conditions. That has been added.
@freeBTC4ever, You can share it. Just copy/paste the link.
freeBTC4ever
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@NorthStarDayTrading, hi.. Nobody can see the chart.. you must select sharing "ON" - all everyone sees is: We can't open this chart layout for you
If you're the owner of this chart layout then you need to log in to be able to see it.
If you wish to see someone else's chart layout, then please ask the owner to enable chart layout sharing, or to publish it by clicking the Publish Idea button.