Teckmann Ribbon Scalper

A scalping indicator is a technical tool designed to provide quick, high-probability trade signals in short timeframes, typically 1–5 minutes. It identifies immediate market opportunities by detecting rapid price movements, trend direction, and potential reversals. Common features include moving average crossovers, momentum oscillators, and price action patterns, often enhanced with visual cues like arrows or alerts for instant buy or sell entries. The goal is to maximize small, frequent profits while minimizing exposure to market noise.Follow the signal at the close of 2nd or 3rd candle after the ribbon changes.