Scalper Quick Strike

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0
// © TradingTools

//@version=5
strategy("Scalper - Quick Strike", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100)

// ─── Inputs ───
emaFast         = input.int(5, "Fast EMA", group="EMAs")
emaMed          = input.int(13, "Medium EMA", group="EMAs")
emaSlow         = input.int(34, "Slow EMA", group="EMAs")
stochK          = input.int(14, "Stochastic K", group="Stochastic")
stochD          = input.int(3, "Stochastic D", group="Stochastic")
stochSmooth     = input.int(3, "Stochastic Smooth", group="Stochastic")
stochOB         = input.float(80, "Stoch Overbought", group="Stochastic")
stochOS         = input.float(20, "Stoch Oversold", group="Stochastic")
atrLength       = input.int(10, "ATR Length", group="Risk Management")
atrMult         = input.float(1.0, "ATR Multiplier for SL", step=0.1, group="Risk Management")
rrRatio         = input.float(1.5, "Risk:Reward Ratio", step=0.1, group="Risk Management")
maxTrades       = input.int(10, "Max Trades Per Day", group="Risk Management")
sessionFilter   = input.session("0935-1555", "Trading Session", group="Session")

// ─── Calculations ───
fast    = ta.ema(close, emaFast)
med     = ta.ema(close, emaMed)
slow    = ta.ema(close, emaSlow)
atrVal  = ta.atr(atrLength)

k       = ta.stoch(close, high, low, stochK)
d       = ta.sma(k, stochD)
kSmooth = ta.sma(k, stochSmooth)

// ─── Session ───
inSession = not na(time(timeframe.period, sessionFilter))

// ─── Trade Count (reset daily) ───
var int tradeCount = 0
if dayofweek != dayofweek[1]
    tradeCount := 0

// ─── EMA Alignment ───
bullAlign = fast > med and med > slow
bearAlign = fast < med and med < slow

// ─── Entry Conditions ───
// Long: EMA aligned bull + Stochastic crossing up from oversold
// Short: EMA aligned bear + Stochastic crossing down from overbought
longCondition  = bullAlign and ta.crossover(kSmooth, d) and kSmooth < stochOS + 30 and close > fast and inSession
shortCondition = bearAlign and ta.crossunder(kSmooth, d) and kSmooth > stochOB - 30 and close < fast and inSession

// ─── Execute Trades ───
if longCondition and strategy.position_size == 0 and tradeCount < maxTrades
    sl = close - atrVal * atrMult
    tp = close + (close - sl) * rrRatio
    strategy.entry("Scalp Long", strategy.long)
    strategy.exit("Scalp Long Exit", "Scalp Long", stop=sl, limit=tp)
    tradeCount += 1

if shortCondition and strategy.position_size == 0 and tradeCount < maxTrades
    sl = close + atrVal * atrMult
    tp = close - (sl - close) * rrRatio
    strategy.entry("Scalp Short", strategy.short)
    strategy.exit("Scalp Short Exit", "Scalp Short", stop=sl, limit=tp)
    tradeCount += 1

// ─── Time-based Exit (quick) ───
if not inSession and strategy.position_size != 0
    strategy.close_all("Session End")

// ─── Plotting ───
plot(fast, "Fast EMA", color=color.new(color.lime, 0), linewidth=1)
plot(med, "Med EMA", color=color.new(color.orange, 0), linewidth=1)
plot(slow, "Slow EMA", color=color.new(color.red, 0), linewidth=2)

plotshape(longCondition, title="Scalp Long", location=location.belowbar, style=shape.triangleup, color=color.lime, size=size.tiny)
plotshape(shortCondition, title="Scalp Short", location=location.abovebar, style=shape.triangledown, color=color.fuchsia, size=size.tiny)

// ─── Alerts ───
alertcondition(longCondition, title="Scalp Long", message="Scalper: Quick long entry")
alertcondition(shortCondition, title="Scalp Short", message="Scalper: Quick short entry")