SR CHART PATTERN SCALPER V1 — Strategy by anthony_eglmada
By anthony_eglmada
Performance Metrics
- Author: anthony_eglmada
- Symbol: FOREXCOM:XAUUSD
- Timeframe: 5 minutes
- Net P&L: −46.71 USD (−0.47%)
- Win Rate: 50.0%
- Profit Factor: 0.698
- Max Drawdown: 154.62 USD (1.53%)
- Total Trades: 8
Description
SR Chart Pattern Scalper V1 is a non-repaint TradingView strategy designed to identify measurable price action setups based on confirmed support and resistance levels combined with classic chart patterns.The strategy uses confirmed pivot highs and pivot lows to define support and resistance zones. It then detects several well-known chart patterns, including Double Bottom, Double Top, Breakout + Retest, Rectangle Breakout, and Triangle Breakout.All signals are generated only after candle close and confirmed pivot validation, making the logic non-repaint. The script does not use future data, lookahead, or repainting conditions.Main features:- Confirmed support and resistance detection- Double Top and Double Bottom detection- Breakout + Retest setup detection- Rectangle Breakout detection- Triangle Breakout detection- ATR-based support/resistance tolerance- Optional EMA 200 trend filter- Optional ADX strength filter- Session filter- Automatic risk-based position sizing- ATR-buffered stop loss- Risk-to-reward based take profit- Maximum trades per day- Cooldown between trades- Time-based exit for measurable backtesting- Visual Entry, SL, and TP lines- On-chart dashboard with metrics and pattern countersThe strategy is intended for traders who want a structured and measurable approach to chart pattern trading, instead of relying on subjective visual interpretation.The logic is based on:1. Confirmed support and resistance zones2. A valid chart pattern formation3. Candle-close confirmation4. Risk validation5. Optional trend and momentum filtersRecommended usage:- M15 for intraday trading and balanced signal frequency- H1 for cleaner and more reliable chart patterns- M5 only for more aggressive scalping or entry refinementNon-repaint logic:The strategy uses confirmed pivots and bar-close confirmation only. Signals are not generated from unfinished candles.Disclaimer:This script is for educational and backtesting purposes only. It does not guarantee future results. Always test the strategy on your own symbol, broker feed, and market conditions before using it in live trading.