OPEN-SOURCE SCRIPT
Scalping Reaper Elite- by Herman Sangivera ( Papua )

Scalping Reaper Elite by Herman Sangivera ( Papuan Trader )
Overview
Scalping Reaper Elite V5 is a high-precision quantitative trading strategy specifically engineered for scalpers operating on lower timeframes (1m, 3m, 5m). The strategy focuses on execution efficiency with a fixed 1:2 Risk-to-Reward (RR) Ratio, powered by a multi-layered filtration system designed to eliminate "whipsaws" and fake signals commonly found in sideways markets.
By integrating institutional volume confirmation (VWAP), trend momentum (ADX Slope), and dynamic volatility sensing (Bollinger Band Squeeze), this script ensures that entries are only triggered when the market exhibits high-probability directional intent.
Key Technical Features
Anti-Sideways Engine: Utilizes Bollinger Band Width to calculate market compression. The strategy automatically enters "standby mode" during a Squeeze, filtering out low-volatility traps.
Trend Acceleration Filter: Not only does it check for ADX strength, but it specifically looks for a rising ADX slope. This ensures you enter as momentum is building, not when it is exhausting.
Institutional Alignment (VWAP): Acts as the ultimate trend arbiter. The strategy restricts Long positions to prices above VWAP and Short positions to prices below VWAP.
Dynamic Risk Management (1:2 RR): Stop Loss (SL) is mathematically determined by the Average True Range (ATR) to account for current market noise. The Take Profit (TP) is automatically set at 2x the risk distance.
Professional UI Dashboard: A real-time heads-up display (HUD) in the corner of your chart showing Trend Status, ADX Power, and active Risk Ratios.
Visual Interpretation
Trend Ribbon (Green/Red): Displays the primary trend zone between EMAs. A gray ribbon indicates a transition or a non-trending phase.
Candle Color Coding: Real-time bar coloring provides instant psychological confirmation of trend strength.
Gray Background Shading: Indicates a Bollinger Squeeze. This is a "No-Trade Zone" where fakeouts are most likely to occur.
Fuchsia Line (VWAP): The "Line in the Sand" for institutional sentiment.
Execution Guide
Best Timeframes: 1-Minute, 3-Minute, or 5-Minute.
Recommended Assets: High-liquidity pairs such as Gold (XAUUSD), Major Forex (EURUSD, GBPUSD), and Top-tier Crypto (BTCUSDT, ETHUSDT).
Optimization Tips: * Optimal performance is usually seen during the London and New York session overlaps.
Monitor the Dashboard: If ADX Power is below 25, the market lacks the "fuel" needed to hit a 1:2 TP.
Disclaimer
While this strategy includes advanced risk management and volatility filters, past performance does not guarantee future results. It is highly recommended to paper-trade this strategy first to understand its behavior during high-impact news events.
Overview
Scalping Reaper Elite V5 is a high-precision quantitative trading strategy specifically engineered for scalpers operating on lower timeframes (1m, 3m, 5m). The strategy focuses on execution efficiency with a fixed 1:2 Risk-to-Reward (RR) Ratio, powered by a multi-layered filtration system designed to eliminate "whipsaws" and fake signals commonly found in sideways markets.
By integrating institutional volume confirmation (VWAP), trend momentum (ADX Slope), and dynamic volatility sensing (Bollinger Band Squeeze), this script ensures that entries are only triggered when the market exhibits high-probability directional intent.
Key Technical Features
Anti-Sideways Engine: Utilizes Bollinger Band Width to calculate market compression. The strategy automatically enters "standby mode" during a Squeeze, filtering out low-volatility traps.
Trend Acceleration Filter: Not only does it check for ADX strength, but it specifically looks for a rising ADX slope. This ensures you enter as momentum is building, not when it is exhausting.
Institutional Alignment (VWAP): Acts as the ultimate trend arbiter. The strategy restricts Long positions to prices above VWAP and Short positions to prices below VWAP.
Dynamic Risk Management (1:2 RR): Stop Loss (SL) is mathematically determined by the Average True Range (ATR) to account for current market noise. The Take Profit (TP) is automatically set at 2x the risk distance.
Professional UI Dashboard: A real-time heads-up display (HUD) in the corner of your chart showing Trend Status, ADX Power, and active Risk Ratios.
Visual Interpretation
Trend Ribbon (Green/Red): Displays the primary trend zone between EMAs. A gray ribbon indicates a transition or a non-trending phase.
Candle Color Coding: Real-time bar coloring provides instant psychological confirmation of trend strength.
Gray Background Shading: Indicates a Bollinger Squeeze. This is a "No-Trade Zone" where fakeouts are most likely to occur.
Fuchsia Line (VWAP): The "Line in the Sand" for institutional sentiment.
Execution Guide
Best Timeframes: 1-Minute, 3-Minute, or 5-Minute.
Recommended Assets: High-liquidity pairs such as Gold (XAUUSD), Major Forex (EURUSD, GBPUSD), and Top-tier Crypto (BTCUSDT, ETHUSDT).
Optimization Tips: * Optimal performance is usually seen during the London and New York session overlaps.
Monitor the Dashboard: If ADX Power is below 25, the market lacks the "fuel" needed to hit a 1:2 TP.
Disclaimer
While this strategy includes advanced risk management and volatility filters, past performance does not guarantee future results. It is highly recommended to paper-trade this strategy first to understand its behavior during high-impact news events.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.