How to Setup the Mad Scalper

Below are the setting you should use to setup the Mad Scalper Strategy in TradingView. You’ll need to create a new blank chart and then apply the following settings.

Chart Setup

Top of Chart

• Apply the 1 Minute Chart
• Use the Renko Candlesticks (if you have issues with Renko Candlesticks, use the Heiken Ashi Candlesticks
• Apply the RendkoIndicator (no space bewtween the words), by jac001

Bottom of Chart

• Apply the SP-RSI Indicator
• Apply the CCI indicator and in the SETTINGS of the indicator, set the LENGTH to 50, and then add the 50 and 100 levels

Optional Indicators

• You can apply the Renko Indicator when using other candles – cryptojonics
• You can apply the WNG VWAP indicator.
• You can apply the 4C Breath indicator

Rules for a Long (BUY) Trade

• The RenkoIndicator must give a BUY signal
• The SP-RSI must be ABOVE 50
• The CCI must be ABOVE 50/100
• The 4C Breath indicator must show bullish activity in the market

Rules for a Short (SELL) Trade

• The RenkoIndicator must give a SELL signal
• The SP-RSI must be BELOW 50
• The CCI must be BELOW – 50/100
• The 4C Breath indicator has to show bearish activity in the market