INVITE-ONLY SCRIPT
GG ES Scalp IBTT Momentum Strategy v1.0
Updated
Script for Scalping the ES. Apply it to a 15 second chart. The Momentum Multiplier is a float input and the lower the number the less conservative the strategy is. It doesn't fire signals everyday but its pretty accurate. Send me a message to get access.
ES1!
ES1!Release Notes
GG ES Scalp IBTT Momentum Rules and Chart Setup-15second chart
-no special charts (only bar or regular candles)
-only tested on ES with default parameters
-trades only 0830-1100 and 1300-1500 (you can change it in settings)(use format 0800-1500 for no break in between) (those times are where the exchange for the symbol is for ES it is central time)
Basic strategy is when it fires a signal enter a stop order in the direction of the signal one tick above/below the previous bar. In this example it fired a signal (arrow A) so we put a stop order to short one tick below previous bar (arrow B). Notice how it didnt get filled until 3 bars later (arrow C). The rule is if it doesnt get filled in 20 bars (20 x 15sec bars = 5 min) then you disregard the signal and remove your stop entry order.
Exits:
stoploss = 6 ticks
first target = 4 ticks
second target = 6 tick trail
move stoploss to breakeven at 6 ticks positive move
use 2 contracts(or more) and first exit is 4 ticks from entry and second exit is trailed with 6 ticks and move stop to breakeven at 6 ticks and let the trailed contracts go until stopped out
Release Notes
Testing update and changed overlay to trueInvite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact gggnetworks for more information, or follow the author's instructions below.
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Author's instructions
″Send me a message and your trading view username or email to gggnetworks@gmail.com
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