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SM/CENKER - Scalping Signal w/ Volume Spike

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SM/CENKER - Scalping Signal with Volume Spike

This advanced scalping indicator combines MACD, RSI, EMA, VWAP, and volume spike detection to generate high-probability entry signals. It filters out low-quality setups by confirming entries only during volume surges.

🔍 Key Features:

✅ Volume Spike Filter: Signals are triggered only when volume exceeds 150% of the 20-bar average.

✅ Momentum Cross Confirmation: MACD crossover, RSI conditions, and price above/below EMA & VWAP are all required.

✅ Visual Background: Green or red background highlights BUY/SELL zones for quick decision-making.

✅ Clean Labels: Simple BUY/SELL labels are plotted on the chart.

✅ Optimized for Real-Time Scalping: Works effectively on 1M, 3M, 5M, and 15M charts.

📌 Recommended Timeframes & Settings:

Timeframe EMA RSI MACD Volume Spike Threshold
1 Minute 9 14 12-26-9 1.5x Avg Volume
3 Minute 9 14 12-26-9 1.5x Avg Volume
5 Minute 9 14 12-26-9 1.5x Avg Volume
15 Minute 9 14 12-26-9 1.5x Avg Volume

⚠️ Disclaimer: This script is for educational purposes only and does not constitute financial advice.

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