13/48 EMA Trading Scalper (ATR TP/SL)

13/48 EMA Trading Scalper (ATR TP/SL)

What it does:
This tool looks for price “touches” of the 13-EMA, only takes CALL entries when the 13 is above the 48 (uptrend) and PUT entries when the 13 is below the 48 (downtrend), and confirms with a simple candle pattern (green > red with expansion for calls, inverse for puts). Touch sensitivity is ATR-scaled, so signals adapt to volatility. Each trade gets auto-drawn entry, TP, and SL lines, colored labels with $ / % distance from entry, plus optional TP/SL hit alerts. A rotating color palette and per-bar label staggering help keep the chart readable. Old objects are auto-pruned via maxTracked.

How it works

Trend filter: 13-EMA vs 48-EMA.

Entry: ATR-scaled touch of the 13-EMA + candle confirmation.

Risk: TP/SL = ATR multiples you control.

Visuals: Entry/TP/SL lines (extend right), vertical entry marker (optional), multi-line labels.

Hygiene: maxTracked keeps only the last N trades’ objects; labels are staggered to reduce overlap.

Alerts: Buy Call, Buy Put, Take Profit Reached, Stop Loss Hit.

Key Inputs

Fast EMA (13), Trend EMA (48), ATR Length (14)

Touch Threshold (x ATR) – how close price must come to the EMA

Take Profit (x ATR), Stop Loss (x ATR)

maxTracked – number of recent trades to keep on chart

Tips

Start with Touch = 0.10–0.20 × ATR; TP=2×ATR, SL=1×ATR, then tune per symbol/timeframe.

Works on intraday and higher TFs; fewer, cleaner signals on higher TFs.

This is an indicator, not a broker—always backtest and manage risk.