Scalper Pro Pattern Recognition & Price Action

📘 Scalper Pro Pattern Recognition & Price Action

Overview
Scalper Pro is a dynamic multi-layer trend recognition and price action strategy that integrates Supertrend, Smart Money Concepts (SMC), and volatility-based risk control.
It adapts to market volatility in real time to enhance entry precision and optimize risk.

⚠️ This script is for educational and research purposes only.
Past performance does not guarantee future results.

🎯 Strategy Objectives

• Detect structural market shifts (BOS / CHoCH) automatically.
  
• Identify Order Blocks (OB), Fair Value Gaps (FVG), and key liquidity zones.
  
• Plot dynamic Take-Profit (TP) and Stop-Loss (SL) levels based on ATR.
  
• Avoid low-volatility (sideways) conditions using ADX filtering.
  
• Combine trend-following signals with structural confirmation.
  

✨ Key Features

• Supertrend Entry Signals — Generates precise buy/sell markers based on price crossovers with the Supertrend line.
  
• Order Block Detection — Automatically plots both Internal and Swing Order Blocks for smart money insights.
  
• Fair Value Gap Visualization — Highlights inefficiency zones in bullish or bearish structures.
  
• Market Structure Labels — Marks Break of Structure (BOS) and Change of Character (CHoCH) points for clear trend shifts.
  
• Dynamic Risk Levels — Automatically generates TP/SL lines and price labels using ATR-based distance.
  

📊 Trading Rules

Long Entry:
• Price crosses above the Supertrend (ta.crossover(close, supertrend))
• ADX above sideways threshold (trend condition confirmed)
• Optional confirmation from a bullish BOS or CHoCH


Short Entry:
• Price crosses below the Supertrend (ta.crossunder(close, supertrend))
• ADX above threshold
• Optional confirmation from a bearish BOS or CHoCH


Exit (or Reverse):
• Opposite Supertrend crossover
• Price hits TP/SL lines
• Trend shift confirmed by internal BOS/CHoCH

💰 Risk Management Parameters

• Stop Loss & Take Profit based on ATR × risk multiplier
  
• ATR Length: 14 (default)
  
• Risk %: 3% per trade
  
• Sideways Filter: ADX < 15 → no trade zone
  
• TP1–TP3 = Entry ± (ATR × 1~3)
  

⚙️ Indicator Settings

Supertrend Module:

ATR Length: 10

Factor: nsensitivity × 7

ADX Module:

ADX Length: 15

Sideways Threshold: 15

EMA Set:

EMA (5, 9, 13, 34, 50) × Volatility Factor (3)

SMA Filter:

SMA(8) & SMA(9) for short-term trend confirmation

Smart Money Concepts Module:

Displays BOS/CHoCH, Order Blocks, FVGs, Equal Highs/Lows, and Premium/Discount zones

🔧 Improvements & Uniqueness

• Integrates Supertrend momentum with Smart Money Concepts (SMC) structural analysis.
  
• Dual detection layers: Internal (micro) and Swing (macro) structures.
  
• ATR-driven auto labeling for entry, stop, and profit targets.
  
• Premium/Discount and Equilibrium zones visualized on the chart.
  
• Built-in ADX filter to skip low-trend market conditions.
  

✅ Summary

Scalper Pro Pattern Recognition & Price Action merges classical trend-following with modern market structure analytics.
It combines momentum detection, volatility control, and smart money mapping into one cohesive framework.

• Unified trend, structure, and risk visualization.
  
• Auto-marked BOS/CHoCH, OB, FVG, and liquidity zones.
  
• Usable for scalping, intraday, or swing trading setups.
  

⚠️ This strategy is based on historical data and designed for educational use only.
Always apply sound risk management and forward testing before live trading.