5 Minute Scalping Strategy Consistent WIN RATE — Transcript

Full transcript

1. 0:00if you've still been struggling with
2. 0:01your day trading and you're looking for
3. 0:03a new strategy I've got just the thing
4. 0:05for you in this video I'm going to show
5. 0:07you all of the statistical data from now
6. 0:10until September last year what the win
7. 0:13rate is what the risk to reward is how
8. 0:15to exactly trade this strategy and how
9. 0:17you can get a copy of all of this data
10. 0:19so that you can start forward testing
11. 0:21yourself welcome back to the channel
12. 0:22everybody my name is Ry and this is the
13. 0:24moving average a show where we discuss
14. 0:26everything day trading to keep you
15. 0:28profitable all right two things to note
16. 0:30first we've done back testing on indices
17. 0:32as well as Forex pairs now if you're
18. 0:35starting a smaller account or you're
19. 0:37trying to grow a small account you're
20. 0:38going to want to stick with the Forex
21. 0:40pairs because for indices you need
22. 0:42larger Capital to trade it safely now
23. 0:44this might not be a pair that you're
24. 0:46familiar with trading but right now
25. 0:47we're going to start looking at CAD JPY
26. 0:50Canadian dollar Japanese Yen now
27. 0:52everybody knows if you can get a
28. 0:54strategy that works more than 50% of the
29. 0:56time you are a profitable Trader and if
30. 0:59you don't listen to to all of the hype
31. 1:01on the internet some months are good and
32. 1:03some months are bad but overall if
33. 1:05you're profitable long term some months
34. 1:07will be fantastic and some months will
35. 1:09be Break Even or just in profit now the
36. 1:12concept is very very simple so you don't
37. 1:15have to be some rocket scientist to
38. 1:17figure this out if you're getting
39. 1:19signals below this moving average you're
40. 1:21going to be taking short positions the
41. 1:23indicator prints above the candles for a
42. 1:25short and below the candle for a long
43. 1:26position this is a very trend-based
44. 1:28strategy so you're going to be getting
45. 1:30multiple entries as you're trading this
46. 1:33trend it's called The Wave Rider so
47. 1:35you're riding the wave of the trend once
48. 1:38price fails to make a lower low you know
49. 1:40the trend is over and you should be
50. 1:42anticipating an uptrend trading above
51. 1:45that moving average now without wasting
52. 1:47your time and going through hundreds of
53. 1:49back tests we've already done that and
54. 1:51put it in a spreadsheet for you dating
55. 1:53back to September 1st 2023 you can see
56. 1:56every single trade that was taken as
57. 1:59well as trade view screenshots of every
58. 2:02single trade that was taken if it played
59. 2:04out if it didn't so you already have a
60. 2:06database of exactly what the good trades
61. 2:09look like on and on and on with a
62. 2:12consistent risk to reward ratio of 1 to
63. 2:151.5 all the way to August 20th we update
64. 2:18the back tests every week on this
65. 2:20spreadsheet you also have the settings
66. 2:23for this specific pair and this specific
67. 2:26strategy so all of the settings of the
68. 2:28indicator are listed right here for you
69. 2:29now if you were trading CAD JPY with a 1
70. 2:32to 1.5 risk reward ratio these are going
71. 2:35to be the results from that as you can
72. 2:37see some months had 12% gains 15% gains
73. 2:411.5% gains and some months had 40% gains
74. 2:46conversely everything can't be all
75. 2:48rainbows and sunshine we had a negative
76. 2:51month and then a positive month and now
77. 2:53we're in a negative month but overall
78. 2:55we've got 144r here that's absolutely
79. 2:59fantastic
80. 3:00and it's consistent and it's proven if
81. 3:03you just follow the rules now if you
82. 3:05wanted to up the risk and go one to two
83. 3:07risk reward ratio these are the
84. 3:09statistics for that now the information
85. 3:11that I just gave you is mindlessly
86. 3:13taking every single indicator signal
87. 3:16with these parameters with these
88. 3:17settings doing exactly this if however
89. 3:21you have been slightly educated and you
90. 3:23know more about day trading and you
91. 3:25understand price action with higher
92. 3:27highs and higher lows in an uptrend and
93. 3:29lower lows and lower highs in a
94. 3:31downtrend just knowing that information
95. 3:33just marking up the higher highs and
96. 3:35higher lows for the last 24 hours you'll
97. 3:39get a general direction and use that for
98. 3:41your next signal bias you can increase
99. 3:43the win rate from
100. 3:4556.6% to 62.6 1% now you might be seeing
101. 3:50the same thing that we had 144r here and
102. 3:53143 are here but you're taking
103. 3:55substantially less trades 461 trades
104. 3:59without theice price action and
105. 4:01329 with the price action so you're on
106. 4:04the charts less you're trading way less
107. 4:07and you're getting the same result if
108. 4:09not better having a higher win rate with
109. 4:11less trades is going to do amazing
110. 4:14things for your psychology I know a lot
111. 4:16of people that just straight up quit day
112. 4:17trading after two back-to-back losses
113. 4:20and for those people sorry to say but
114. 4:21day trading isn't for you but if you
115. 4:23want something consistent with a good
116. 4:25win rate and something that you can do
117. 4:27consistently with rules definitely
118. 4:29recommend check checking out the Wave
119. 4:30Rider this indicator is going to be
120. 4:31available September 1st anybody that's
121. 4:33member of the trading floor you get six
122. 4:35other custom indicators with that as
123. 4:37well as a to z stepbystep instructions
124. 4:41on how to be a profitable day trader
125. 4:43it's hundreds and hundreds of hours of
126. 4:46Education the cost of all of this is the
127. 4:48same as your Netflix subscription as
128. 4:50always first link in the description if
129. 4:51you enjoyed this video drop a like on
130. 4:53your way out