# NEOTICKER DATA BEGIN
ScriptType=Indicator
Description=SP_TICK16_Scalper
Name=SP_TICK16_Scalper
Language=Formula
Links=2
MinBars=0
TimerInterval=100
EarlyBinding=0
MetaStyle=Normal
ValueRange=Same as Source
Placement=Smart
Multiplot_num_plots=1
Multiplot_color_0=255
Multiplot_style_0=Line
Multiplot_width_0=1
Multiplot_enabled_0=1
Multiplot_breakstyle_0=0
UpdateByTick=0
FloatMarker=1
DepthData=0
TradingSystemUI=1
PrimaryLinkOnly=1
NotifyOnRemoval=0
Param_count=5
Param_name_0=Extreme
Param_inuse_0=1
Param_type_0=real
Param_default_0=2800
Param_name_1=Trigger
Param_inuse_1=1
Param_type_1=real
Param_default_1=600
Param_name_2=Lookback
Param_inuse_2=1
Param_type_2=integer.gte.0
Param_default_2=4
Param_name_3=Target
Param_inuse_3=1
Param_type_3=real
Param_default_3=2.75
Param_name_4=Stop
Param_inuse_4=1
Param_type_4=real
Param_default_4=5.25
Explanation_Lines=0
# NEOTICKER DATA END

$short_signal :=
   llv (4, data2, param3) < - param1 and llv (1, data2, 3) > - param1
   and xbelowconst (data2, - param2) > 0;

$long_signal :=
   hhv (4, data2, param3) > param1 and hhv (1, data2, 3) < param1
   and xaboveconst (data2, param2) > 0;

$target := openpositionaverageentryprice + signvalue (openpositionsize) * param4;
$stop := openpositionaverageentryprice + signvalue (- openpositionsize) * param5;

shortatmarket ($short_signal, defaultordersize, "SE");
shortexitlimit (openpositionshort, $target, openpositionabssize, "SX");
shortexitstop (openpositionshort, $stop, openpositionabssize, "SS");

longatmarket ($long_signal, defaultordersize, "LE");
longexitlimit (openpositionlong, $target, openpositionabssize, "LX");
longexitstop (openpositionlong, $stop, openpositionabssize, "LS");

plot1 := currentequity;