# This is a simple yet effective scalping strategy that aims to take advantage of buying/selling program activity on the 1 or 15 minute timeframe (May work on other timeframes). This is a momentum trade so it is important to recognize there is controlled momentum for this to work.
Trade Setup:
1. First ensure the candles are controlled, indicating dominance by a strong buyer or seller.
2. Look for 5 consecutive bars printed in a row on the 1 or 15 minute timeframe.
3. For entry, set a stop short or limit buy order beyond the 5th printed candle.
4. Place your stop loss just beyond the ATR range or at the nearest invalidation point.
5. Aim for a minimum risk-to-reward ratio of 1:2.
This is not a trade recommendation and is intended for educational purposes only. If you choose to trade using this information, you do so at your own risk. Past performance does not guarantee future results.
- Tradetron3000
Trade Setup:
1. First ensure the candles are controlled, indicating dominance by a strong buyer or seller.
2. Look for 5 consecutive bars printed in a row on the 1 or 15 minute timeframe.
3. For entry, set a stop short or limit buy order beyond the 5th printed candle.
4. Place your stop loss just beyond the ATR range or at the nearest invalidation point.
5. Aim for a minimum risk-to-reward ratio of 1:2.
This is not a trade recommendation and is intended for educational purposes only. If you choose to trade using this information, you do so at your own risk. Past performance does not guarantee future results.
- Tradetron3000
註釋
This strategy is most effective between 9:45 AM - 11:00 AM and 1:30 PM - 3:30 PM EST.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。