Nepra Scalps Indicator

Nepra Scalps
Introduction
This is an attempt to make an indicator for scalp 1 and scalp 3 by
Nepra (@N3PR4 on Twitter). It can be used for visual aid during live
trading as well as to backtest and make automated strategies. It is
not an o cial indicator developed on behalf of Nepra himself, but a
contribution to the community made by a fan.
Features
‣ Use of two timeframes in the same indicator
‣ Trigger points for scalp entries
‣ Four di erent trigger types (see next page)
‣ Pivot lines based on higher timeframe swing highs and lows (optional)
‣ Higher timeframe bars as overlay (optional)

Indicator v.1
Before using the indicator, make sure to learn the proper setups for
the scalps as described in the learning material on the N3PR4
Discord server. Also be aware that this indicator does not guarantee
any results, but is merely a tool to help you identify entries. Risk
management is crucial, and you’re responsible for your own trading.
Platform Market Timeframe
‣ Open code, feel free to dig in
Settings
‣ ”HigherTimeFrameMultiple” sets how many bars that should be
counted for your higher timeframe, i.e. if you use a 5 minute chart
and set this to 4, the higher timeframe will be 20 minutes
‣ ”Scalp1” and ”Scalp3" sets which trigger type to use (see next page)
‣ ”MaxPivotCount” set how far back the indicators looks for pivots

ProRealTime Any Any (a higher number takes longer to load, i.e. heavy when backtesting)
‣ ”ShowPivotLines” and ”ShowHTFBars" do what they say they do

HH
De nition of pivot points
Pivot points are de ned by
higher highs and lower lows on HH
the higher timeframe.

Please note
Some parts of the indicator may
deviate from the originally de ned LL
rules of the scalps, such as the LL
de nition lows for scalp 1, which is
more strict here than for the original.
It also lacks trend lters etc. to give you more exibility in adding your
own conditions. And yes, you can change the colors, it’s easy, but you
have to take a look in the code in order to do it.
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 Nepra Scalps Indicator – Trigger sheet

Trigger type 1 Trigger type 2 Trigger type 3 Trigger type 4

Conservative entry (default) Conservative entry with con rmed direction Aggressive entry Aggressive entry with con rmed direction

Gives a signal on the last higher Gives a signal on the last higher timeframe bar if any of the Gives a signal on any of the bars on the lower timeframe that Gives a signal on any of the bars on the lower timeframe that
timeframe bar if any of the lower lower timeframe bars has crossed the pivot line, but the last crosses the pivot line. This could be considered a signal for a makes a high above the pivot line, but returns to close on the
timeframe bars crosses the pivot line. one closes over (scalp 1) or under (scalp 3) the pivot line. more aggressive entry. The pivot line is removed after a close ”right” side of the line. The pivot line is removed after a close on
on the lower timeframe is made on the ”wrong” side of it. the lower timeframe is made on the ”wrong” side of it.

Scalp 1
Long entries

Scalp 3
Short entries

= Pivot lines = Trigger signals

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