Scalper Overlay with RSI Bars & Key Levels

Scalper Overlay with RSI Bars & Key Levels

A comprehensive trading indicator that combines price action patterns, supply/demand zones, and multiple technical analysis tools to help identify potential trading opportunities across different timeframes.

Key Features:

1. Supply and Demand Zones
- Automatically identifies and plots supply and demand zones based on swing highs and lows
- Break of Structure (BOS) detection when price breaks through zones
- Customizable zone width and history settings
- Visual distinction between supply (resistance) and demand (support) zones

2. Moving Average System
- Four Smoothed Moving Averages (SMMA):
- 20 SMMA (Green)
- 50 SMMA (Blue)
- 100 SMMA (Yellow)
- 200 SMMA (Red)
- Trend fill between EMA(2) and SMMA(200) for quick trend visualization
- Green fill indicates bullish trend
- Red fill indicates bearish trend

3. Pattern Detection
Multiple candlestick pattern alerts including:
- Three Line Strike (Bullish/Bearish)
- Three White Soldiers and Three Black Crows
- Harami Patterns (Bullish/Bearish)
- Engulfing Patterns (Bullish/Bearish)

4. RSI-Based Candle Coloring
- Dynamic candle coloring based on RSI levels
- Customizable overbought (70) and oversold (30) levels
- Helps identify potential reversal zones

5. Trading Session Visualization
- Customizable trading session times
- Multiple timezone support
- Day-of-week selection
- Visual session highlighting

Settings

Supply/Demand Settings Levels
- Swing High/Low Length: Controls the sensitivity of zone detection
- History To Keep: Number of zones to display
- Box Width: Size of supply/demand zones
- Customizable colors for supply/demand zones and labels

Moving Average Settings
- Adjustable lengths for all four SMAs
- Customizable colors and line widths

Pattern Detection Settings
- Toggle individual pattern alerts
- Customizable visual indicators for each pattern
- Alert messages for trading signals

Trading Session Settings
- Flexible session time configuration
- Multiple timezone options
- Trading day selection
- Session background color customization

Use Cases

1. **Scalping/Day Trading**
- Use pattern detection for entry signals
- RSI candle coloring for momentum confirmation
- Trading session visualization for high-activity periods

2. **Swing Trading**
- Supply/demand zones for key support/resistance levels
- Moving average system for trend direction
- Break of Structure signals for trend changes

3. **Position Trading**
- Multiple timeframe analysis using moving averages
- Major supply/demand zones for position sizing
- Pattern recognition for entry/exit timing

Notes
- Best used on timeframes from 1 minute to daily charts
- Combine multiple confirmations for stronger trading signals
- Adjust settings based on your trading style and instrument volatility
- Use the trading session feature to focus on your preferred market hours
- Monitor Break of Structure (BOS) events for potential trend changes

Recommended Settings
Start with default settings and adjust based on:
- Instrument volatility
- Trading timeframe
- Personal trading style
- Market session preferences

The indicator combines technical and price action analysis to provide a comprehensive trading tool suitable for various trading styles and timeframes.