This strategy executes short positions during the end-of-day session (14:29–15:00) when the price is below the 200-day simple moving average. If price moves higher against the initial short trade, it scales into the position by submitting a second short order
Strategy · Pine Script v6 · Own pane
Quick Flip Scalper
This strategy executes an opening-range liquidity fade based on the first candle of a session.
GitHub stars218on the repository
Pine versionv6current
Lines of code417
Settings25inputs
LicenceNone stated
Last update3 months ago23 Jul 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
Quick Flip Scalper qualifies the opening range against the daily ATR to confirm manipulation or liquidity spikes. If qualified, it searches for reversal candlestick patterns, such as hammers or engulfing bars, outside the opening range within a specified time window. Positions enter on confirmed pattern closes with stop losses placed at pattern extremes and take-profit targets set at the opposite side of the opening-range box. It plots status indicators in a separate pane and draws range boxes on the price chart.
- Opening-range liquidity fade logic
- Daily ATR threshold qualification
- Hammer and engulfing reversal pattern detection
- Dynamic stop loss and opposite-range target
- Configurable session and trade window filters
Details
Published by
TradersPost on GitHub
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Sessions & time, Candlestick patterns, Mean reversion, Scalping
Markets
Indices, Stocks
Timeframes
M1-M5, M15-H1
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 |
|---|---|---|---|
| Session | session | 0930-1600 | sessionInput |
| Time Zone | string | America/New_York | tzInput |
| Opening-Range Timeframe | timeframe | 15 | orTF |
| Trade Window (min from open) | int | 90 | windowMinutes |
| Flatten at Session End | bool | true | closeAtSessionEnd |
| ATR Length | int | 14 | atrLen |
| ATR Timeframe | timeframe | D | atrTF |
| Qualify Threshold (% of ATR) | float | 25.0 | thresholdPct |
| Hammer / Inverted Hammer | bool | true | enableHammer |
| Engulfing | bool | true | enableEngulf |
| Hammer Wick : Body Ratio | float | 2.0 | hammerRatio |
| Opposite-Wick : Dominant-Wick Max | float | 0.5 | upperWickMax |
Show all 25 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Entry Mechanic | string | Pattern-specific | entryMode |
| Risk:Reward Override (0 = use box) | float | 0.0 | rrOverride |
| Move Stop to Breakeven | bool | false | useBreakeven |
| Breakeven Trigger (% to target) | float | 50.0 | beTrigger |
| Max Setups per Session | int | 1 | maxTrades |
| Show Opening-Range Box | bool | true | showBox |
| Show Reversal Signals | bool | true | showSignals |
| Show Stop / Target Lines | bool | true | showLevels |
| Show Status Table | bool | true | showTable |
| OR Box Fill Transparency | int | 90 | shadeQual |
| Bullish / Target | color | color.green | bullCol |
| Bearish / Stop | color | color.red | bearCol |
| Liquidity / OR Box | color | color.orange | liqCol |
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.
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