by 
Scalping Level PRO identifies key local and global horizontal support and resistance levels across cryptocurrency price charts. It draws level lines based on customizable time periods, calculates Normalized Average True Range (NATR) for volatility assessment,
Indicator · Pine Script v6 · On the chart
Quantum Scalper 5M
An indicator on the price chart intended for 5 minute charts.
GitHub stars1on the repository
Pine versionv6current
Lines of code265
Settings16inputs
LicenceNone stated
Last update6 months ago11 Apr 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Quantum Scalper 5M plots fixed support and resistance from rolling highest and lowest values and combines retest confirmation, a Bollinger Band option, a channel built from an EMA with ATR and standard deviation, and an RSI momentum read. An optional higher-timeframe EMA filter limits signals to the larger trend. It can draw a reward-risk box using stop and target percentages, bar coloring and a dashboard. Some of the logic uses a higher-timeframe request.
- Support and resistance retest logic
- Bollinger Band and trend channel options
- Optional higher-timeframe trend filter
- Stop and target percentage box
Details
Published by
Focal-QuantAI on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Scalping, Support & resistance, Volatility & bands
Markets
Any symbol
Timeframes
M1-M5
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Period | int | 50 | lookback |
| Confirmation Bars | int | 2 | confirmBars |
| Minimum SR Distance (%) | float | 0.2 | minDistancePct |
| Moving Average Length | int | 15 | bb_length |
| Band Multiplier | float | 2.0 | bb_mult |
| Channel Length | int | 20 | qtf_len |
| Channel Volatility Multiplier | float | 2.0 | qtf_mult |
| Use Higher Timeframe Filter | bool | false | useMTF |
| Higher Timeframe | timeframe | 15 | mtf_res |
| Show Dynamic RR Box | bool | true | showRRBox |
| Show Bollinger Bands | bool | false | showBB |
| Show Quantum Channel | bool | false | showChannel |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show Dashboard | bool | true | showDashboard |
| Color Bars | bool | true | colorBars |
| Stop Loss (%) | float | 0.5 | rr_sl_pct |
| Take Profit (%) | float | 1.0 | rr_tp_pct |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
Similar Pine Scripts
This TradingView indicator provides scalping money management tools by displaying a customizable panel on the chart. It shows risk management details such as deposit size, maximum risk per trade as a percentage, and commission adjustments. The indicator plots
The River Strategy with SuperScalper plots custom Bollinger Bands to form a price channel on the main chart overlay. It identifies breakout conditions when price bars clear the channel boundaries to generate entry, stop loss, and multi-tier take profit levels.
Range Scalper is a price-chart overlay indicator. Archived notes describe an ATR-based dynamic range threshold meant to adapt range detection to volatility, plus breakout shape markers. The file is labeled simplified for the archive and shows no parsed inputs.
This overlay indicator marks ICT liquidity void fills on the price chart and can show long and short signals. It places a Fibonacci level inside a displacement candle, defaulting to the midpoint, and draws lines in a chosen style. Optional filters limit the fi
This indicator plots Donchian Channel boundary lines along with dynamic fan projections directly on the price chart. It calculates the highest high, lowest low, and median price over a customizable lookback period. Whenever price establishes a new channel high
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers