SMEF Scalper 2.0

SMEF Scalper 2.0 by shaslund.

Trying to mix some humour into technical trading.
Kudos to Douglas Adams for his great books. Please take some time to read them.
I believe all traders have been SMEF'd now and then...

For the uninitiated: SMEF = 'Spontaneous Massive Existence Failure'.

Methology:
I am combining a TEMA and a volume-weighted average to predict the trend changes (buy/sell).

Features:
Some funny, some useful.

Changes in v2.0:
Removed some garbage and unprotected the code.

Thanks to ChrisMoody, LazyBear and Hpotter for invaluable scripting ideas :-)

Now, go ahead and board the 'Heart of Gold' and enjoy the ride :-)

Release Notes

- Corrected some bugs.
- Changed some defaults and colors.

Release Notes

....some subtle changes

Release Notes

Minor adjustments (menu text etc)

Release Notes

- Chart update
- Small change in the intro remarks.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

Complector

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

Complector

Also on: