IMACD Sniper — Strategy by Los7capitales

By Los7capitales

Performance Metrics

Description

IMACD SniperDescription:This strategy is designed for scalping with precision using the Impulse MACD and dynamic price ranges. It is especially optimized for traders with low capital and a fixed contract size, offering clear visual representation of Take Profit (TP) and Stop Loss (SL) targets for each trade.Key Features:Capital-efficient: Initial capital set at $1000, operating with a contract size of 0.1 (fully adjustable).Clear Entry Logic: Based on Impulse MACD crossovers with distance filters, strong candles, and volume confirmation.Dynamic TP/SL: Targets are calculated based on average candle range over the last N bars, with customizable multipliers.Visual Clarity: Each trade displays a clean box showing both TP and SL prices as floating text without labels, reducing chart clutter.Exit Conditions:TP or SL is hit (whichever comes first).MACD crosses in the opposite direction, triggering an early exit.Inputs:MACD Fast / Slow / Signal LengthMACD Minimum DistanceZero Line Proximity FilterEMA Length (default 20)Dynamic Range Settings (TP/SL multipliers and lookback)Volume FilterHow to Use:Apply this strategy to assets with good volume and clear trends (e.g., XAUUSD, BTCUSD, NASDAQ). Best suited for timeframes between 5 and 15 minutes. Ensure spread and slippage are considered if trading manually.Important Notes:This script does not repaint.All visual and capital parameters are configurable via input fields.Backtest results may vary depending on the asset and timeframe. Always validate before going live.

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