Thuan_Bot_Scap V2

Apply the Script: Open the Pine Editor, paste the code, and click "Add to Chart" to initialize the strategy on your desired timeframe.

Set the Timeframe: For optimal scalping results, this strategy is best utilized on lower timeframes such as 1-minute or 5-minute charts.

Configure RSI Parameters: Adjust the RSI Length and extreme levels (Oversold/Overbought) in the settings menu to match the current market volatility.

Manage Trade Values: Customize your Take Profit (TP) and Stop Loss (SL) values under the "Trade Settings" group to align with your risk management plan.

Monitor the Dashboard: Use the on-screen Dashboard to track real-time performance metrics, including the total number of closed trades and historical win rate.

Identify Entry Signals: Look for the horizontal signal lines and visual boxes; a Green box represents a Long position, while a Red box indicates a Short position.

Verify Visual Levels: Ensure the TP (Green Label) and SL (Red Label) are correctly positioned relative to your Entry (Blue Label) on the active candle.

Adjust Dashboard Placement: You can change the Dashboard’s position (e.g., Top Right or Bottom Left) in the inputs to prevent it from obstructing price action.

Observe Price Action Patterns: The strategy triggers entries based on a combination of RSI momentum and candle formations like Pin Bars or Engulfing patterns.

Analyze Historical Performance: Use the built-in "Strategy Tester" tab at the bottom of TradingView to review how the parameters performed during past market conditions.