scalpy detects high-probability trend-confirmation opportunities by combining three Exponential Moving Averages (Fast, Medium, Slow) with an ADXR trend-strength filter. The indicator flags BUY when the EMAs align upward (Fast > Medium > Slow) and the ADXR reading signals strong trend momentum above a configurable threshold. It flags SELL when the alignment is reversed.

Designed for clarity rather than clutter, scalpy places unambiguous visual markers and optional background highlights to make the signal obvious at a glance. Toggle alerts and choose whether alerts should fire only on bar close. scalpy is ideal as a confirmation layer for trend-following strategies, multi-timeframe analysis, and quick visual scanning.

Three EMAs (Fast, Medium, Slow) with configurable periods

ADXR filter (period + threshold) to ensure signals happen in strong trends

Optional background highlight for clear visual context

Toggleable alerts and option to only alert on bar close

Outputs invisible signal series usable in automated strategies

Parameters

EMA Fast — Default: 10

EMA Medium — Default: 50

EMA Slow — Default: 200

ADXR Period — Default: 14

ADXR Threshold — Default: 25.0

Enable Background Highlight — Default: true

Enable Alerts — Default: true

Alert Only On Bar Close — Default: true

EMA, ADXR, trend, signals, indicator, scalpy, trading, technical-analysis