Ultra-Fast Scalper

indicator("Ultra-Fast Scalper + 7-Day WinRate", overlay=true)

fast_len = input.int(3, title="Fast EMA Length")

slow_len = input.int(8, title="Slow EMA Length")

rsi_len = input.int(7, title="RSI Length")

tp_diff = input.float(0.00002, title="Take Profit Price Diff")

sl_diff = input.float(0.00020, title="Stop Loss Price Diff")

ema_fast = talib.ema(close, fast_len)

ema_slow = talib.ema(close, slow_len)

rsi_val = talib.rsi(close, rsi_len)

plot(ema_fast, color=color.yellow, linewidth=1, title="EMA 3")

plot(ema_slow, color=color.blue, linewidth=2, title="EMA 8")

longCondition = talib.crossover(ema_fast, ema_slow) and rsi_val > 50

plotshape(series=longCondition, title="BUY Signal", shape=shape.arrowup, location=location.belowbar, color=color.lime, text="BUY")

static float entry_price = na

static bool in_long = false

if longCondition and not in_long {

    entry_price := close

    in_long := true

}

tp_price = in_long ? entry_price + tp_diff : na

sl_price = in_long ? entry_price - sl_diff : na

plot(tp_price, color=color.green, linewidth=1, title="Take Profit")

plot(sl_price, color=color.red, linewidth=1, title="Stop Loss")

tp_hit = in_long and high >= tp_price

sl_hit = in_long and low <= sl_price

plotshape(series=tp_hit, title="TP Hit", shape=shape.circle, location=location.abovebar, color=color.green, text="TP")

plotshape(series=sl_hit, title="SL Hit", shape=shape.circle, location=location.belowbar, color=color.red, text="SL")

if tp_hit or sl_hit {

    in_long := false

    entry_price := na

}

alertcondition(longCondition, title="Long Entry", message="Ultra-Fast Scalper BUY signal")