Dark Vector Scalping

The Dark Vector Scalping indicator provides a high-frequency trend-following system designed to identify and capture rapid momentum shifts using volatility-adjusted breakout logic.

Usage

The indicator is optimized for lower timeframes such as the 1-minute and 5-minute charts. Users can identify market regimes through the color of the candles and the plotted "Apex Stop" line.

• Long Positions: Enter when a green diamond signal appears and the candles turn teal/green.
• Short Positions: Enter when a red diamond signal appears and the candles turn red/pink.
• Trend Filtering: For more conservative entries, users can enable the HMA Safety Filter. When active, buy signals only trigger if price is above the 50-period Hull Moving Average, and sell signals only trigger when price is below it.
• Exits: The stepped line acts as a hard trailing stop (Apex Stop). A close beyond this line indicates a trend reversal or invalidation.

Details

The script utilizes two primary mechanisms for market analysis:

1. Apex Engine: This employs a "hard" staircase breakout logic rather than a curving average. It tracks the highest highs and lowest lows over a specific lookback period to establish trend flips. Once a trend is confirmed, the trailing stop ratchets only in the direction of the trend to protect paper profits.
2. Volatility Normalization: To account for market noise and "scam wicks," the indicator calculates a dynamic buffer using the Average True Range (ATR). This ensures the trailing stop maintains a distance proportional to current market volatility.

The system also integrates a Hull Moving Average (HMA), favored for its low lag and smoothness, to serve as a macro trend reference or a strict entry filter.

Settings

• Sensitivity (Lookback): Adjusts the lookback for the breakout logic. Lower values (e.g., 5) are faster for scalping, while higher values (e.g., 10) provide a smoother trend.
• Stop Deviation: Sets the ATR multiplier for the trailing stop distance. Higher values provide more "breathing room" for price action.
• Show HMA Line?: Toggles the visibility of the Hull Moving Average on the chart.
• Use HMA as Filter?: When enabled, restricts signals to align with the HMA trend direction.
• HMA Length: Adjusts the period of the Hull Moving Average.
• Visuals: Allows customization of colors for bullish/bearish regimes and signal diamonds.
• Dashboard Customization: Controls the visibility, position, and size of the on-screen data panel.

FAQ

How do I access Dark Vector Scalping?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

What timeframes are best for this tool?

While it can work on any timeframe, it is specifically optimized for 1-minute and 5-minute charts to capture quick scalping opportunities.

Do the signals repaint?

The diamond signals are confirmed on the bar close. It is recommended to wait for the candle to close to ensure the signal is locked in and valid.