Trench Cross Scalper Using Weighted High and Low Triggers

Summary

This concept indicator builds upper and lower trigger lines from rolling sums of open, high, and close prices, divided by three times the lookback length. A signal line crosses the upper level to indicate a possible buy and the lower level to indicate a possible sell. With its high/low option enabled, the signal line uses the high when price exceeds the upper trigger, the low when it falls below the lower trigger, and otherwise the close; disabling the option makes it track the close alone.

The indicator also plots recent highs and lows as opposite-side stop references and can be viewed without candlesticks. Its author presents it as a fast scalping concept, but reports little long-term testing and supplies no performance evidence. The trigger construction, entry interpretation, and stop behavior therefore need independent validation before use; the document does not specify execution rules or risk controls.

Key ideas

• Upper and lower triggers are derived from rolling open, high, and close sums.
• A crossing above the upper trigger suggests a buy, while a crossing below the lower trigger suggests a sell.
• The signal line can use conditional highs and lows or track closing prices only.
• Recent highs and lows are plotted as stop references.
• The author describes the idea as untested over a long period.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.