NinjADeviL Ultimate - Traffic Light Scalper

NinjADeviL Ultimate - Traffic Light Scalper

This indicator is a comprehensive trading system designed for high-speed scalping (optimized for short timeframes like 45s or 1m). It uses a "Traffic Light" visual approach to filter out market noise and helps traders identify high-probability setups by strictly aligning with the higher timeframe trend.

KEY FEATURES:

🚦 Traffic Light Visual System:
The indicator automatically colors the candles based on trend alignment:
- GREEN Candles: Strong Bullish Trend (Confirmed by both local and 5-minute trends).
- RED Candles: Strong Bearish Trend (Confirmed by both local and 5-minute trends).
- GRAY Candles: "No Trade Zone" (Choppy market or conflicting trends).

📉 Multi-Timeframe Filter ("The Boss"):
The system monitors the 5-minute trend in the background. If the higher timeframe does not support the trade, the candles remain Gray and no signals are generated.

🎯 Smart Sniper Signals:
Entry signals ("GO!") are not random. They are generated only when:
1. The "Traffic Light" is Green or Red.
2. Price performs a technical pullback (buying the dip / selling the rally).
3. A valid reversal candle pattern (Engulfing or Hammer) appears.

💰 Dynamic Targets:
Automatically plots ATR-based Take Profit levels (small dots) on the chart to assist with trade management.

HOW TO USE:
1. Wait for a clear color change (Green for Long, Red for Short).
2. Enter the trade only when the "GO!" label appears.
3. STRICT RULE: Do not trade when candles are Gray.

Disclaimer: This tool is for educational purposes only. Trading futures involves significant risk.