OPEN-SOURCE SCRIPT

TMT 1M HA Scalping INDICATOR - Hitesh Nimje

25
📊 TMT 1 Minute HA Scalping Strategy - Hitesh Nimje

🎯 Strategy Overview
A 1-minute scalping strategy designed for high-frequency trading using Heikin Ashi-inspired crossover logic with multiple filters for precision entries.

🔧 Key Components
1. Moving Averages (Trend Detection)
LineTypePeriodColorPurposeFast SMASimple MA9🔵 BluePrimary signal lineSlow SMASimple MA21🔴 RedSecondary confirmationTrend SMASMA (1H)50⚫ BlackOverall market trend bias
2. Entry Signals (Crossover Logic)
🔥 BUY Signal: Fast SMA (9) crosses ABOVE Slow SMA (21)
🔥 SELL Signal: Fast SMA (9) crosses BELOW Slow SMA (21)

3. Entry Filters (4-Layer Confirmation)
✅ LONG Entry = Crossover + Trend Up + RSI Overbought + Bar Confirmed
✅ SHORT Entry = Crossunder + Trend Down + RSI Oversold + Bar Confirmed

longCond = sma_slope > 0 AND rsi >= 70 AND buySignal
shortCond = sma_slope < 0 AND rsi <= 30 AND sellSignal

FilterLongShortPurposeTrend Slopesma_slope > 0sma_slope < 0Market directionRSI FilterRSI >= 70RSI <= 30Momentum extremeCrossoverFast > SlowFast < SlowEntry triggerBar Statebarstate.isconfirmedbarstate.isconfirmedNo repaint

⚡ Risk Management
Stop Loss (Dynamic ATR-based)
Long SL = Lowest Low (7) - 1×ATR(14)
Short SL = Highest High (7) + 1×ATR(14)

Take Profit (1:1 Risk-Reward)
Long TP = Entry + (Entry - SL distance)
Short TP = Entry - (SL distance - Entry)


⏰ Trading Hours
📅 Active: 00:00 - 14:59 (3:00 PM cutoff)
🛑 Auto-close: All positions closed at 15:00


🎨 Visual Elements
📍 BUY Labels: 🟢 Green (below bar)
📍 SELL Labels: 🔴 Red (above bar)
📈 Fast SMA: 🔵 Blue line (9-period)
📉 Slow SMA: 🔴 Red line (21-period)
📊 Trend SMA: ⚫ Black line (50-period, 1H)


⚙️ Input Parameters
ParameterDefaultPurposeEnd of Day1500 (3 PM)Auto-close timeLot Size1Position size

🚀 How It Works (Step-by-Step)
1. Monitor Fast(9) vs Slow(21) SMA crossover
2. Check 1H Trend SMA slope (up/down bias)
3. Validate RSI extreme (70+/30-)
4. Wait for bar confirmation
5. Enter with ATR-based SL & 1:1 TP
6. Auto-exit at 3 PM or SL/TP hit


💡 Strategy Strengths

* ✅ Multi-timeframe trend filter
* ✅ RSI momentum confirmation
* ✅ Dynamic ATR stop losses
* ✅ No repaint signals
* ✅ End-of-day risk control
* ✅ 1:1 Risk-Reward consistency

Perfect for 1-minute scalping on volatile instruments! 🔥

© Hitesh Nimje | Thought Magic Trading
Contact: 8087192915

TRADING DISCLAIMER

RISK WARNING
Trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

NO FINANCIAL ADVICE
This indicator is provided for educational and informational purposes only. It does not constitute:

* Financial advice or investment recommendations
* Buy/sell signals or trading signals
* Professional investment advice
* Legal, tax, or accounting guidance

LIMITATIONS AND DISCLAIMERS
Technical Analysis Limitations

* Pivot points are mathematical calculations based on historical price data
* No guarantee of accuracy of price levels or calculations
* Markets can and do behave irrationally for extended periods
* Past performance does not guarantee future results
* Technical analysis should be used in conjunction with fundamental analysis

Data and Calculation Disclaimers

* Calculations are based on available price data at the time of calculation
* Data quality and availability may affect accuracy
* Pivot levels may differ when calculated on different timeframes
* Gaps and irregular market conditions may cause level failures
* Extended hours trading may affect intraday pivot calculations

Market Risks

* Extreme market volatility can invalidate all technical levels
* News events, economic announcements, and market manipulation can cause gaps
* Liquidity issues may prevent execution at calculated levels
* Currency fluctuations, inflation, and interest rate changes affect all levels
* Black swan events and market crashes cannot be predicted by technical analysis

USER RESPONSIBILITIES

Due Diligence

* You are solely responsible for your trading decisions
* Conduct your own research before using this indicator
* Verify calculations with multiple sources before trading
* Consider multiple timeframes and confirm levels with other technical tools
* Never rely solely on one indicator for trading decisions

Risk Management

* Always use proper risk management and position sizing
* Set appropriate stop-losses for all positions
* Never risk more than you can afford to lose
* Consider the inherent risks of leverage and margin trading
* Diversify your portfolio and trading strategies

Professional Consultation

* Consult with qualified financial advisors before trading
* Consider your tax obligations and legal requirements
* Understand the regulations in your jurisdiction
* Seek professional advice for complex trading strategies

LIMITATION OF LIABILITY
Indemnification
The creator and distributor of this indicator shall not be liable for:

* Any trading losses, whether direct or indirect
* Inaccurate or delayed price data
* System failures or technical malfunctions
* Loss of data or profits
* Interruption of service or connectivity issues

No Warranty
This indicator is provided "as is" without warranties of any kind:

* No guarantee of accuracy or completeness
* No warranty of uninterrupted or error-free operation
* No warranty of merchantability or fitness for a particular purpose
* The software may contain bugs or errors

Maximum Liability
In no event shall the liability exceed the purchase price (if any) paid for this indicator. This limitation applies regardless of the theory of liability, whether contract, tort, negligence, or otherwise.
REGULATORY COMPLIANCE
Jurisdiction-Specific Risks

* Regulations vary by country and region
* Some jurisdictions prohibit or restrict certain trading strategies
* Tax implications differ based on your location and trading frequency
* Commodity futures and options trading may have additional requirements
* Currency trading may be regulated differently than stock trading

Professional Trading

* If you are a professional trader, ensure compliance with all applicable regulations
* Adhere to fiduciary duties and best execution requirements
* Maintain required records and reporting
* Follow market abuse regulations and insider trading laws

TECHNICAL SPECIFICATIONS

Data Sources

* Calculations based on TradingView data feeds
* Data accuracy depends on broker and exchange reporting
* Historical data may be subject to adjustments and corrections
* Real-time data may have delays depending on data providers

Software Limitations

* Internet connectivity required for proper operation
* Software updates may change calculations or functionality
* TradingView platform dependencies may affect performance
* Third-party integrations may introduce additional risks

MONEY MANAGEMENT RECOMMENDATIONS

Conservative Approach

* Risk only 1-2% of capital per trade
* Use position sizing based on volatility
* Maintain adequate cash reserves
* Avoid over-leveraging accounts

Portfolio Management

* Diversify across multiple strategies
* Don't put all capital into one approach
* Regularly review and adjust trading strategies
* Maintain detailed trading records

FINAL LEGAL NOTICES
Acceptance of Terms

* By using this indicator, you acknowledge that you have read and understood this disclaimer
* You agree to assume all risks associated with trading
* You confirm that you are legally permitted to trade in your jurisdiction

Updates and Changes

* This disclaimer may be updated without notice
* Continued use constitutes acceptance of any changes
* It is your responsibility to stay informed of updates

Governing Law

* This disclaimer shall be governed by the laws of the jurisdiction where the indicator was created
* Any disputes shall be resolved in the appropriate courts
* Severability clause: If any part of this disclaimer is invalid, the remainder remains enforceable


REMEMBER: THERE ARE NO GUARANTEES IN TRADING. THE MAJORITY OF RETAIL TRADERS LOSE MONEY. TRADE AT YOUR OWN RISK.

Contact Information:

* Creator: Hitesh_Nimje
* Phone: Contact@8087192915
* Source: Thought Magic Trading

© HiteshNimje - All Rights Reserved
This disclaimer should be prominently displayed whenever the indicator is shared, sold, or distributed to ensure users are fully aware of the risks and limitations involved in trading.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.