Ultimate Scalping Strategy 1 min 5 min Timeframe — Transcript

Full transcript

1. 0:00you're probably using trading view to do
2. 0:01your technical analysis and you probably
3. 0:03have the free version of trading view so
4. 0:05you're limited to two indicators so in
5. 0:07this video I'm going to show you a one
6. 0:10minute scalping strategy that is going
7. 0:12to dominate with just two indicators
8. 0:15welcome back to the channel everybody my
9. 0:16name is Ry and this is the moving
10. 0:18average a show where we discuss
11. 0:20everything day trading to keep you
12. 0:21profitable let's not waste anybody's
13. 0:23time and hop right into the charts all
14. 0:25right so the concept is simple and this
15. 0:27works on multiple pairs for this example
16. 0:30I'm going to show you German 40 which is
17. 0:32an indic on the 5 minute time frame this
18. 0:35is where you're going to want to do your
19. 0:36analysis and your entries are going to
20. 0:38be on the one minute time frame the two
21. 0:40indicators that you're going to want to
22. 0:41use is the ICT New York New York
23. 0:43midnight open and divider I use this as
24. 0:46a visual representation only just so
25. 0:49that I can see every single day
26. 0:51separated with these vertical lines now
27. 0:53depending on where you live you might
28. 0:55want to adjust this this is meant for
29. 0:57midnight New York but since I live in
30. 0:59central Europe I want to show the entire
31. 1:02day of my session So currently I'm GMT
32. 1:04plus 2 I do not want the horizontal line
33. 1:07with a different strategy I do use the
34. 1:10actual midnight line of New York and the
35. 1:12horizontal line because as you can see
36. 1:15from this point it usually either goes
37. 1:17up or down for the day but that's a
38. 1:19different video so no horizontal line
39. 1:21and this is how I separate each day
40. 1:24especially when back testing this makes
41. 1:26it way way easier to see each day now
42. 1:30the next indicator that you're going to
43. 1:32use is fractal frenzy allow signal
44. 1:34repainting and apply we are going to
45. 1:36adjust the settings a little bit just
46. 1:38click the settings icon right here in
47. 1:40the upper leftand corner and you're
48. 1:41going to select the Dr IDR ranges for
49. 1:44the Tokyo session for the London session
50. 1:47and for the New York session this is
51. 1:49Japan Europe and New York you also want
52. 1:53to extend each one of them the rest of
53. 1:55the settings stay exactly the same and
54. 1:57just click okay now the concept is
55. 1:59extremely simple this is the Asia Tokyo
56. 2:02session I'm drawing these boxes so that
57. 2:05you can get a clear view of this session
58. 2:08so zooming in a little bit closer you
59. 2:10can see that this basically gives us our
60. 2:13bias for the entire day whether you're
61. 2:16trading the London session or the New
62. 2:18York session if we are below the Tokyo
63. 2:21session we are bearish if we are above
64. 2:25the Tokyo session we are bullish now if
65. 2:27you want an extremely basic version the
66. 2:30first hour of the session is known as
67. 2:32the Dr IDR range which is an acronym
68. 2:35that stands for the defining range and
69. 2:37the implied defining range but to make
70. 2:40it simple if it goes above this box it's
71. 2:43going to go up if price breaks below the
72. 2:45box it's going to go down the reason
73. 2:47this is so useful is that over the last
74. 2:5020 years statistically 80% of the time
75. 2:55when price breaks out from the upper or
76. 2:57lower end of the Dr ID R range it will
77. 3:01continue in that direction so just from
78. 3:03that statistic you have an 80%
79. 3:05likelihood of your trade going in your
80. 3:07direction now with the fractal frenzy it
81. 3:10prints a little red and green tornado
82. 3:12above the candle for a sell position and
83. 3:14below the candle for a buy position you
84. 3:16can change this to arrows whatever color
85. 3:18you want this is just what it is at
86. 3:20default so if you're trading London
87. 3:22session you get a signal 1 to 1.5 risk
88. 3:25to reward we're below the Tokyo session
89. 3:27we broke out of the lower part of the
90. 3:29London s session your trade plays out
91. 3:31instantly with the New York session it
92. 3:33broke out above but because we are below
93. 3:36the Tokyo session we're not taking the
94. 3:37trade because we are bearish Tokyo
95. 3:39session below it we are bearish London
96. 3:42session we did not break out we do not
97. 3:44trade New York session we broke out we
98. 3:48take the trade this was a concept that I
99. 3:50was using the entire month of April and
100. 3:52I was able to pass a funded account
101. 3:53challenge just using this strategy but
102. 3:55since I promised you a one minute
103. 3:57scalping strategy I'm going to show you
104. 3:59how this works so here is your Tokyo
105. 4:02session we've broken Above This range so
106. 4:05we are now bullish for the day the
107. 4:07London Dr IDR is above the Tokyo Dr IDR
108. 4:10and we had a breakout to the upside once
109. 4:12we have a breakout to the upside so
110. 4:14right here is our breakout we then take
111. 4:17the price down to the one minute chart
112. 4:19looking for our pullback and our next
113. 4:21Buy Signal from the Dr IDR range we had
114. 4:24our pullback and we have our signal we
115. 4:26enter in a long position we set our
116. 4:28stoploss and we set our takeprofit for a
117. 4:311 to 1.5 risk to
118. 4:36reward and like I said before with the
119. 4:39statistical likelihood of the Dr IDR
120. 4:41ranges once we have our breakout we wait
121. 4:44for a pull back and then our signal on
122. 4:47the one minute time frame in the
123. 4:49direction of the breakout those trades
124. 4:51are going to make you a very happy
125. 4:53person and it's going to absolutely
126. 4:56change the way that you trade now the
127. 4:58main question I get with every single
128. 5:00video that I publish on this channel is
129. 5:03does this work with crypto does this
130. 5:05work with gold does this work for
131. 5:08whatever pair I'm used to trading and
132. 5:10just for you guys we have the ultimate
133. 5:12list of back tested results we've back
134. 5:15tested Bitcoin Nas 100 gold GBP JPY EUR
135. 5:20USD the German 40 Australian dollar us30
136. 5:25UK 100 and gbpusd on this file you can
137. 5:29see the time frame that we were back
138. 5:31testing the indicator sensitivity which
139. 5:33you can change in the settings which
140. 5:35session it was for the risk to reward
141. 5:37the percentage gain the Max draw Downs
142. 5:39the number of Trades that were taken the
143. 5:41win rate in percentages for the year
144. 5:442023 and 2024 so far and the overall
145. 5:48gain you can also see that we tested it
146. 5:50on the 15-minute time frame and for each
147. 5:53specific session so for example this one
148. 5:55was late Asia this one was for London
149. 5:58session this this is for mixed session
150. 6:01and this is for New York session and for
151. 6:03you crypto enthusiasts you can see that
152. 6:05Bitcoin was very profitable or if you're
153. 6:09more focused on the overall gains in
154. 6:11percentages you can see right here we
155. 6:13had a 36% gain just by trading it on the
156. 6:165 minute time frame between 2023 and
157. 6:182024 so if you're looking for something
158. 6:21consistent with good healthy risk reward
159. 6:24that you can do longterm not these viral
160. 6:27videos of making 500% per month because
161. 6:30that's not something that lasts longterm
162. 6:33that turns into something that blows
163. 6:35your account the next month if you want
164. 6:37an indepth miniseries on exactly how to
165. 6:40trade this on every single time frame
166. 6:43what your entries are what your biases
167. 6:45are check out this playlist right here
168. 6:47thanks so much for watching and we'll
169. 6:48see you in the next one