GabrielAmadeusLau

Gabriel’s <1D Scalp — Ultra Short-Term Momentum Screener Description: Gabriel’s <1D Scalp is a high-frequency, short-duration trading screener designed to detect intra-day scalping opportunities with extreme volume acceleration, abnormal liquidity spikes, and volatile price movement. It isolates assets showing rapid intraday expansion — ideal for traders executing 5-minute to hourly rotations within a single trading session. Built for precision scalpers, momentum specialists, and crypto day traders, this screener thrives on volatility bursts where reaction speed and confirmation matter most. <1D Scanner: https://www.tradingview.com/crypto-coins-screener/aoGLQh2d/ 1~5D Swing: https://www.tradingview.com/crypto-coins-screener/PJR2Gy9v/ ⚙️ Core Framework 🔍 Volatility & Volume Shock Filters Vol Change (24h) ≥ 500 % — identifies assets experiencing explosive turnover increases, signaling sudden participation or catalyst events. Change (24h) outside ± 2 % — eliminates flat consolidations; focuses only on markets in motion. ADR ≥ 2 % — controls for excessive overnight or foreign volatility noise. Together, these three filters ensure you’re targeting the fastest-moving, most liquid charts in real time. 📊 Liquidity & Accessibility Rank ≤ 1000 — keeps focus on top-tier assets by liquidity and market interest. Market Cap / FD Market Cap filters → avoid thin or manipulated micro-caps. Volume / Market Cap ratio — ensures sufficient intraday liquidity to enter and exit scalps quickly. This balance allows scalpers to operate in environments where slippage and spread risk are minimal while volatility remains high. ⚡ Directional Bias 24-Hour Change ± 2 % zone break filters for assets that have already escaped their prior range — the “momentum in motion” principle. Intraday bias is determined by the first major 1-minute to 15-minute breakout candle relative to VWAP or prior-session equilibrium. 🧩 How It Works Pre-scan: Identify assets meeting the ≥ 500 % volume surge condition. Confirm: Check volatility expansion via ATR or live candle spread. Execute: Enter trades using micro-timeframes (< 1 h) with tight stop placement based on sub-ATR movement. Exit: Scale out once volume or volatility tapers — no overnight holding. This structure mirrors prop-style scalping frameworks where trade expectancy relies on range exploitation, not extended trend continuation. 💹 Use Case Best suited for: Crypto scalpers trading perpetuals or high-turnover spot pairs. Equity momentum traders focusing on 5-minute and 15-minute ORBs. Algorithmic or discretionary intraday systems that exploit short-term inefficiencies. The screener’s dynamic filters allow you to adapt to market rotations — catching both explosive up-moves and rapid reversals.

📚 Elliott Wave Trading Strategy — Education Framework 1. Origins & Philosophy Ralph Nelson Elliott (1920s–1930s): Found that markets, while seeming chaotic, often move in repeating wave structures. Core Belief: Market psychology cycles between optimism and pessimism in a fractal pattern. Purpose: Provides a roadmap of where the market could be within a cycle (not a certainty). 2. The Two Types of Waves Impulse (Motive) Waves (1–5): Move in the direction of the main trend. Rules: Wave 2 never retraces >100% of Wave 1. Wave 3 is never the shortest. Wave 4 doesn’t overlap Wave 1. Net result = trend continuation. Corrective Waves (A–B–C): Move against the main trend. Three-wave structure: down (A), up (B), down (C) in a bull market. Typically retraces a Fibonacci % of the prior impulse. 3. Key Components Fractals: Small waves make up bigger ones, across timeframes. Degrees of Waves: From Grand Supercycle (multi-century) to Subminuette (intraday). Fibonacci Ratios: Common retracement levels (38.2%, 50%, 61.8%) and extensions (161.8%) guide targets. 4. Practical Trading Strategy Elliott Wave by itself is subjective. The edge comes when combined with confirming indicators. Example Workflow for Swing Trading Identify Trend Direction: Use 50-day/200-day MA, Ichimoku, or ADX. Wave Counting: Label impulse waves 1–5. Wait for a corrective wave A–B–C. Entry: Many Enter end of Wave 2 or Wave 4 (buy dips in uptrend). Try entering a wave earlier, so that you lock in better Risk to Reward. Use momentum oscillators (RSI/Stochastics) to confirm end of correction. Exit/Profit Target: Project Wave 3 or 5 using Fibonacci extensions (often 161.8% of Wave 1). Stop Loss: Below Wave 1 start (if long). Above Wave 1 start (if short in a bear sequence). 5. Who Uses Elliott Wave? Day Traders / Swing Traders: To catch impulse waves. Long-term Investors: To avoid topping markets (useful in bubbles). Cross-Market Traders: Applies in stocks, forex, commodities, crypto. 6. Advantages ✅ Provides forward-looking framework (not just lagging). ✅ Works across asset classes and timeframes. ✅ Helps identify where we are in a market cycle. ✅ Blends well with Fibonacci, RSI, and trend filters. 7. Disadvantages ❌ Highly subjective (two traders may count waves differently). ❌ No guarantee — probabilities, not certainties. ❌ Developed in the 1930s, critics argue it hasn’t adapted well to algorithmic/modern markets. 8. Famous Elliott Wave Calls Dow 2002–03 Crash: Prechter predicted drop from 11,000 → 7,000. Gold 2011 Peak: Predicted ~$1,900 top. Bitcoin 2017: Analysts called $20K top → $3K. 9. Common Mistakes Forcing wave counts (bias confirmation). Ignoring other indicators. Trading every wave → instead, focus on the big impulses. No patience (wave structures can take weeks or months). ✅ Summary Strategy (Simple Version) Use MAs or trendlines → determine main trend. Count impulse waves → focus on Wave 3 and Wave 5 (strongest). Wait for corrective pullback (Wave 2 or 4). Enter with oscillator confirmation + Fibonacci retracement. Exit at Fibonacci extension or trend exhaustion.

The system of Moving Averages I started out using is the 9-21-50 SMA. I would use the Fast EMA as a trailing stop loss and only trade long when it's above the 50 SMA. The 21 SMA is often a zone where price can bounce back.12-21 EMA—EMA of EMA can work as well. So can 50-200 SMA or EMA of EMA for telling the larger trend if you want to enter an Option, then trading against it can be fatal.

What is the MACD? The MACD (Moving Average Convergence Divergence) is a momentum and trend-following indicator. It’s based on the difference between two EMAs (Exponential Moving Averages) and helps spot: Trend direction Momentum shifts Reversals Entry/exit points ✅ Basic MACD Techniques 1. Signal Line Crossovers Bullish Crossover: MACD line crosses above Signal → buy signal Bearish Crossover: MACD line crosses below Signal → sell signal 🔸 Works best in trending environments, 200 SMA as a filter. 🔸 Combine with volume or trend filters for best results 2. Zero Line Crossovers When MACD crosses above 0, the shorter EMA is above the longer EMA → bullish. This is typically the sign of a larger trend than crossovers. When MACD crosses below 0, shorter EMA is below → bearish 🔸 Zero line = baseline momentum direction 🔸 Cross above = bullish trend confirmation 🔸 Cross below = bearish confirmation 3. Histogram Momentum The histogram is often the first sign of a shift before a crossover happens. Read it like this: Histogram growing: Increasing momentum in that direction Histogram shrinking: Momentum is fading Histogram changing color (in many indicators): Potential reversal 🔸 Use histograms to get early signals, even before crossovers. Confirmed with volume surge and Price Action. 🔍 Advanced MACD Tricks 📉 4. Divergence Detection Divergence occurs when price and MACD move in opposite directions. 🔸 Bullish Divergence: Price makes lower lows MACD makes higher lows → Hidden buying pressure, trend reversal likely 🔸 Bearish Divergence: Price makes higher highs MACD makes lower highs → Trend weakening, reversal likely 🔹 Confirm with: RSI, when the lower timeframe RSI is oversold and the higher timeframe MACD is rising, then it's a good sign, and the opposite is true for bears. Support/resistance zone: draw trendlines either on the volume or price and watch out for retests on the breakout. Candlestick reversal patterns: some bearish patterns are bullish on indexes because of dollar cost averaging.

This is a way I use the Fibonacci Time Zone; it naturally leans into a balance of Gamma and Theta Decay. Choosing the right strike zone is up to your strategy. I prefer Covered Calls, Debit Spreads and Iron Condors for this strategy. Puts are fair game too. If you choose to roll something over, most recoveries occur after a month and a half after a 10% SPY drop off.