YouTube2Text

Best Scalping Strategy Period — Transcript

by The Moving Average · 2,320 words · 367 segments · language en · Watch on YouTube

Full transcript

  1. 0:00if you are a day trader and you are
  2. 0:01looking for a scalping strategy
  3. 0:03that is going to help you make
  4. 0:05ridiculous profits
  5. 0:07every single day and every single trade
  6. 0:09i also traded us 30 and i made
  7. 0:121100 in like three minutes using this
  8. 0:15strategy scalping this strategy on a one
  9. 0:17minute time frame
  10. 0:18basically i've got something really
  11. 0:20really special for you guys and i'm
  12. 0:22really excited for you to see it
  13. 0:25[Music]
  14. 0:27welcome back to the channel everybody my
  15. 0:29name is artie and this is the moving
  16. 0:31average
  17. 0:31a show where we talk about everything
  18. 0:33day trading to keep you profitable on a
  19. 0:35consistent basis
  20. 0:36so i am in love with scalping i like to
  21. 0:39be in
  22. 0:39and out of my positions very very
  23. 0:41quickly and this
  24. 0:43scalping strategy that i just kind of
  25. 0:45threw together and tested for quite some
  26. 0:48time
  27. 0:48is so amazing i cannot believe the
  28. 0:51results
  29. 0:52now again this is a scalping strategy so
  30. 0:54i want you guys to make your money as
  31. 0:56quickly as possible and
  32. 0:58if you want to hold the trades long term
  33. 1:00you can
  34. 1:01but if you do i want you to take some
  35. 1:02profits off the table so that it's a
  36. 1:04risk-free trade
  37. 1:05and this scalping strategy works on
  38. 1:08every single
  39. 1:09time frame if you're one minute scalping
  40. 1:11or five minute scalping
  41. 1:12this is going to help you all right
  42. 1:14enough talking let's get into the charts
  43. 1:16all right i have a completely bare naked
  44. 1:19chart right here
  45. 1:20on euro us dollar i'm going to give you
  46. 1:23three indicators that you need to put up
  47. 1:25on here the reason i'm choosing
  48. 1:26three indicators is because most people
  49. 1:29have the basic trading view package
  50. 1:31only allowing you three indicators and
  51. 1:33these three are the only ones that
  52. 1:35you're going to need
  53. 1:36for this successful scalping strategy to
  54. 1:39get these indicators on your chart click
  55. 1:40the indicators button
  56. 1:42and type in smoothed normally i use the
  57. 1:45smoothed moving average but instead of
  58. 1:47having one
  59. 1:48indicator for each average we're gonna
  60. 1:50choose the
  61. 1:51three smoothed moving averages right
  62. 1:53here by
  63. 1:54hamid safi make sure that you click the
  64. 1:57star button next to it because it has to
  65. 1:59be
  66. 2:00in your favorites because you are going
  67. 2:02to use it all the time
  68. 2:03the next indicator that you're going to
  69. 2:05do is the rsi the relative strength
  70. 2:08index also put a star next to it and the
  71. 2:10last one that you're going to do
  72. 2:12is fractals type in the name williams to
  73. 2:16the search bar and you'll see the third
  74. 2:18option down
  75. 2:19is the williams fractals put a star next
  76. 2:22to it also click it now what i want you
  77. 2:24to do is adjust your settings exactly
  78. 2:26like this
  79. 2:27in the three smoothed moving average go
  80. 2:30into the settings and
  81. 2:31change the inputs to 21.50
  82. 2:36and 200 and change the style
  83. 2:39to white full color
  84. 2:42second thickness next one is going to be
  85. 2:45green full color second thickness
  86. 2:49and the last one is going to be red full
  87. 2:51color and second
  88. 2:52thickness and that's all you need to do
  89. 2:54for the moving averages
  90. 2:55next up is the rsi click the settings
  91. 2:58wheel right here
  92. 2:59leave the length at 14. now what i want
  93. 3:01you to do is change these two numbers
  94. 3:03from
  95. 3:0470 and 30 to 50 and
  96. 3:0750. if you guys have watched any of my
  97. 3:09videos you know there's a reason for why
  98. 3:11i do this
  99. 3:11you're going to change the dotted line
  100. 3:14to a
  101. 3:15solid line on both the 50 and the 50.
  102. 3:18and then what i want you to do is change
  103. 3:19the color to
  104. 3:20yellow 100 color and the second line
  105. 3:24thickness i like yellow it's the color
  106. 3:26theme of the channel okay once you've
  107. 3:27done that just click
  108. 3:28ok now the last indicator you're gonna
  109. 3:31click the settings wheel and you are
  110. 3:32going to leave the periods input at two
  111. 3:35and change the style to green
  112. 3:39full color and red full color and that's
  113. 3:42all you need to do for your settings
  114. 3:44now we've got three indicators and that
  115. 3:45is the maximum amount that you can use
  116. 3:48on the free trading view platform now
  117. 3:50like i said
  118. 3:51this scalping strategy works on every
  119. 3:53single time frame you can scalp the one
  120. 3:55minute you can scalp the five minute you
  121. 3:57can scalp the 15 minute now once you
  122. 3:59zoom out your chart you're gonna get a
  123. 4:02lot of clutter there's
  124. 4:03a lot of arrows all over the place but
  125. 4:06there are only certain ones that i want
  126. 4:08you to take
  127. 4:09and again this works on every single
  128. 4:11currency pair
  129. 4:12gbp jpy euro usd usd jpy
  130. 4:16whatever you want to do now what i want
  131. 4:18you to look for
  132. 4:20is a trending market i want all three
  133. 4:22moving averages
  134. 4:24to be moving in the same direction and i
  135. 4:27want the price to be
  136. 4:28above those moving averages if the price
  137. 4:30is trending up
  138. 4:31all three moving averages going up i
  139. 4:33want the price to be above it
  140. 4:35if all the moving averages are down i
  141. 4:37want the price to be below it you
  142. 4:39have to follow these rules specifically
  143. 4:42now the biggest problem with any day
  144. 4:44trader is getting the right
  145. 4:46entry time if you get the wrong entry
  146. 4:48time you could be sitting in a period of
  147. 4:50consolidation
  148. 4:51or you could have gotten the move too
  149. 4:53late so that is rule number one you have
  150. 4:55to trade
  151. 4:56with the trend above the moving averages
  152. 4:58or below the moving averages so above
  153. 5:00all of these lines you're looking for
  154. 5:02buys below
  155. 5:04all of these lines you are looking for
  156. 5:05sells so this is gbp
  157. 5:07jpy once the price breaks above the 200
  158. 5:10and starts retesting it as support
  159. 5:13and continuing to go up these two other
  160. 5:15subsequent moving averages the 21 and
  161. 5:18the 50
  162. 5:19cross over and start trading above the
  163. 5:21200. so everything is lined up we have
  164. 5:23the 21 the 50 and the 200.
  165. 5:26now using the williams fractals you are
  166. 5:28going to use
  167. 5:29these as your entry points i want you to
  168. 5:33try to get the
  169. 5:34first move and the first williams
  170. 5:37fractal
  171. 5:38signal when it crosses over the 200. so
  172. 5:41like
  173. 5:41here is too late i want you to get here
  174. 5:44right when all of these three line up
  175. 5:46and you start getting these williams
  176. 5:47fractals
  177. 5:48these are going to be your entry points
  178. 5:50now you have to wait for the candle to
  179. 5:52close because it could repaint
  180. 5:54meaning that it'll show up while the
  181. 5:56candle is forming
  182. 5:57and then by the time the candle closes
  183. 6:00it's gone away
  184. 6:00so wait for the candle to close to get
  185. 6:02that confirmation
  186. 6:04now like i said before once we're above
  187. 6:06the moving averages you only want to
  188. 6:08look for long positions that's why i
  189. 6:10change this arrow to green we're looking
  190. 6:12for buys right now
  191. 6:13so once that signal has printed for you
  192. 6:16you can either get in
  193. 6:17on the top or the bottom of this candle
  194. 6:20we're gonna put in our long position
  195. 6:22there
  196. 6:22and our stop loss is literally going to
  197. 6:25be below
  198. 6:26the lowest part of that candle that had
  199. 6:28the printed triangle on it you can
  200. 6:30either go for five
  201. 6:32pips 10 pips 20 pips whatever you feel
  202. 6:35most comfortable with a 20 pip move is a
  203. 6:37little bit less common than a 10 pip
  204. 6:39move so if your goal is 20 pips for the
  205. 6:41day you can put in two positions and try
  206. 6:44to get your 10 pips
  207. 6:45so for this video i'm gonna suggest you
  208. 6:48only get
  209. 6:4810 pips out of each move it's a big
  210. 6:51misconception that somebody needs to get
  211. 6:53100 pips or 200 pips out of each trading
  212. 6:56day
  213. 6:56that is incorrect if you can with
  214. 6:58certainty get 10 pips
  215. 7:00put in 5 positions or 10 positions you
  216. 7:03put in 10 positions
  217. 7:04and get 10 pips off each position at the
  218. 7:06exact same time
  219. 7:08you just got 100 pips off of one 10 pip
  220. 7:10move so your stop loss on this one is
  221. 7:135.9 pips and your take profit is 10
  222. 7:16pips and this is the 5 minute chart so
  223. 7:18you got this 10 pips
  224. 7:19in six candles which is 30 minutes now
  225. 7:23one other confluence that i want to make
  226. 7:24sure that you guys have which is why we
  227. 7:26had it as an indicator on our screen
  228. 7:28i want you to only go for these buy
  229. 7:31positions
  230. 7:32when the rsi is trading above the 50
  231. 7:34level
  232. 7:35and with cell positions i only want you
  233. 7:37to get in on a cell position with this
  234. 7:39triangle signal when the rsi is below
  235. 7:42the 50 level okay so if you want to hold
  236. 7:46this trade longer
  237. 7:47what i want you to do is close out like
  238. 7:4975
  239. 7:51or 80 percent of your trade once you've
  240. 7:53gotten 10 pips this is only if you want
  241. 7:55to hold the trade long term you're gonna
  242. 7:56take 80
  243. 7:58profits at this 10 pips and you're going
  244. 8:00to move your stop loss
  245. 8:02to in profit meaning that even if it
  246. 8:04goes back down you will still make money
  247. 8:06so like one or two pips in profit is
  248. 8:08where your new stop loss should be once
  249. 8:10you've hit your 10 pip profit level what
  250. 8:12you can do as a general rule of thumb
  251. 8:15is a trailing stop loss on the 21 so you
  252. 8:18would have gotten stopped out here
  253. 8:19because this move was basically stopping
  254. 8:21everybody out you can see if you had a
  255. 8:23huge stop loss you would have continued
  256. 8:25on this trade
  257. 8:26honestly any normal person would have
  258. 8:27gotten out here now i'm not going to lie
  259. 8:29to you and say that you can get 857
  260. 8:32000 pips out of each move because that's
  261. 8:34completely illogical you want to get
  262. 8:36your profits you want to stick with your
  263. 8:38trading strategy and you want to get out
  264. 8:39and look for your next trade but let me
  265. 8:41show you one more example on the short
  266. 8:43position
  267. 8:44right here it crossed through the 200
  268. 8:46period moving averages
  269. 8:48all of the moving averages line up to
  270. 8:50the downside we have the 21 the 50 and
  271. 8:52the 200.
  272. 8:53this is the first signal that you get
  273. 8:55you get in on your short position
  274. 8:57and you actually would have gotten your
  275. 8:5910 pips in this first
  276. 9:0010 candles but if you waited a little
  277. 9:02bit for this next candle to print
  278. 9:04you would have waited one hour and
  279. 9:05gotten your 10 pips
  280. 9:07always keeping your stop-loss above the
  281. 9:09wick of that candle where the signal
  282. 9:11came in now again you could have held
  283. 9:13this trade
  284. 9:14and made a lot more money but again your
  285. 9:16stop-loss would have been a lot bigger
  286. 9:18so keeping a bigger stop-loss
  287. 9:20lowering your position size and holding
  288. 9:22the trade a little bit longer is
  289. 9:24completely okay as long as you continue
  290. 9:26to monitor it
  291. 9:27seriously with this strategy these three
  292. 9:29indicators and using the first move once
  293. 9:31all of those moving averages line up
  294. 9:33is literally one of the greatest things
  295. 9:35that i've ever thought of and
  296. 9:36i didn't invent this i just kind of put
  297. 9:38a combination of things together
  298. 9:40and this works really really well i
  299. 9:42actually used this strategy yesterday i
  300. 9:44have two accounts i have a big boy
  301. 9:46account and i have a baby account
  302. 9:48the baby account has a hundred dollars
  303. 9:49in it and i use
  304. 9:51this strategy trading ethereum and i
  305. 9:53ended up making nearly 50
  306. 9:55of the entire account balance off of one
  307. 9:58single trade i also traded us 30
  308. 10:01and i made 1100 in like three minutes
  309. 10:04using this strategy scalping this
  310. 10:06strategy on a one minute time frame
  311. 10:08seriously i'm so in love with this that
  312. 10:10i think this is the
  313. 10:12only trading strategy video that you are
  314. 10:15ever going to need if you are looking
  315. 10:16for the scalping strategy that's the end
  316. 10:19all be
  317. 10:19all this is it hold on wait a minute if
  318. 10:22you guys are still watching this video
  319. 10:23that means that you really like the
  320. 10:25video so click the thumbs up button down
  321. 10:27below my face
  322. 10:28so just to recap above the moving
  323. 10:30averages
  324. 10:31look for buy positions below the moving
  325. 10:34averages look for
  326. 10:35sell positions when it's above the
  327. 10:36moving averages you want above the 50
  328. 10:39level on the rsi and below the moving
  329. 10:41averages you want below the 50 on the
  330. 10:43rsi
  331. 10:44you want to take the first williams
  332. 10:46fractal indication that you get
  333. 10:48once all of those moving averages line
  334. 10:50up you want to get your 10 pips
  335. 10:52and get out if you want to hold the
  336. 10:55position long term
  337. 10:56you take 80 profits move your stop loss
  338. 10:59to in
  339. 11:00profit and monitor that trade until you
  340. 11:02get like an rsi divergence or something
  341. 11:05this is seriously a game changer guys i
  342. 11:07cannot stress this enough
  343. 11:08you need to try this try this on a demo
  344. 11:11account for one week
  345. 11:12take a picture of your profits and post
  346. 11:15it in the testimonials page
  347. 11:16on our discord group and if you're
  348. 11:18satisfied with the results try it with a
  349. 11:20real account that's right we have a
  350. 11:21discord group if you're not in that
  351. 11:23community i think we're at 500 members
  352. 11:25and growing rapidly so get in on there
  353. 11:27stick with the rules trade with the
  354. 11:29momentum and you will be a profitable
  355. 11:31trader now if trading with the trend
  356. 11:33is not your cup of tea and you want to
  357. 11:35try to spot the reversals
  358. 11:37check out this video that i did spotting
  359. 11:39reversals
  360. 11:40and if you guys like the way that i
  361. 11:41teach and you want to see more videos
  362. 11:43like this make sure you're subscribed to
  363. 11:45the channel by clicking this button
  364. 11:46right here and turning on notifications
  365. 11:49thank you so much for taking the time to
  366. 11:50watch this video and we will see you
  367. 11:52in the next one

About this transcript

This page contains the full transcript of Best Scalping Strategy Period by The Moving Average, generated from the public captions YouTube serves with the video. The transcript has 2,320 words across 367 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to choose a caption track available on the video.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, caption language selection, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.