Best FREE 5-Minute Scalping Strategy for 2023 (Seriously!)

- Today I'll be doing a backtest of this profitable MACD trading scalping strategy.

I will backtest it 150 times using a risk-to-reward ratio of 1:1.5.

This video is related to Stock Trading, Forex Trading, MACD indicators, Scalping Strategies, Technical Analysis, Forex Strategies, Strategy Backtesting, Trading Indicators, Scalping Strategies, How to trade forex, and How to use trading indicators.

DISCLAIMER
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Forex and crypto trading is highly speculative and risky. It is only suitable for those people who understand, and are willing to take on, the financial and other risks involved, and who have the resources to withstand losses that may be significantly greater than any deposits you have made.

[eyup]

Why didn't you take a short position by 5:22 (between both long signals)? There were all conditions met. Same situation by 5:36 5:37 5:49 and 5:50.

[pinetrades]

Let me know your strategy and I will backtest it next.

[kevinpyne]

few questions, how does this work on ES, CL, GC, 6B. does it also work on shorter time frames?

[phylix]

Been looking for that indicator for a while, the Twin Range Filter

[thedingbatdingers]

I just tested this on 3 trades today in crypto, went 3 for 3

[TenTonNuke]

"You can make $100 a day with this strategy" is one of the dumbest things scammers always say. Why? Because if you can make $100 a day, then there's no reason you can't make $1000 or $100, 000. The only limitation would be liquidity, which is basically non-existent with forex. Actual traders deal in percentages and ROI. People trying to scam average people use dollar amounts and emphasize how simple it is (when actual trading is never simple).

[jonnyjehle]

My friend
Very good

But 1 point

You told market bias is 60 and 10

But in the video is the mb 100 and 100 when you take the trads.

What is correct now?

[cryptoswag]

The strategy is only applicable for 5min TF I think so its failed /changes often when other TF ...any solution?

[cryptoswag]

how actually set auto trade like 4.59 in video and use this strategy and auto trade setup ?
is that possible ?

[eyup]

I backtested this strategy for one month by crypto ETH. I take by each signal position and the results was by 106 trades 55 win, 50 lost. That means a win rate of 52%.
Each trade set by last swing and after 106 trades I had a win rate of 38, 8%. You should consider that you do not trade 24 hours per day you should have a win rate about 10%. I think it is not a high win rate.

[zettorphilippe]

Ok super je confirme que cette stratégie fonctionne bien il me manquait le cci en supplément félicitations

[Fangsterish]

great video and i have a question: how were there only 150 trades in 6 months? it seems like a setup appears 5 times a day, of which i would expect 600 trades and even if you make just 2 trades a day, it's at least 240 trades in 6 months, pretty far away from the 150 trades mentioned

[jefflane]

How would you set up indicators for 1 min. chart

[tahircryptoclub]

great man nice strategy but the issue is you have to wait a lot for the conditions to met and also the because of bias indicator a lot of good trades are missed need some more improvements . overall good strategy . if we wait for the conditions than its worth the wait . good job keep it up .

[LoWToS]

There are multiple signals that met the conditions that you did not take in back testing.... do you only trade during London and NY sessions?

[kevexboy]

Excellent video! I've been practicing charting for so long and this video has added another layer of knowledge to me.

[deyrez]

Is this strategy only suitable for Forex, and can you also trade with a 15min chart?

[felixsaidstenger]

It would be nice to make a backtest with normal trading times maybe around 0900-1700 o clock instead using trades at around midnight. Then with an RR of at least 1:2 as well as taking also every opportunity to get a realistic sum of the trades instead mostly taking only the good ones which going into profit

[docmak-]

What are the period and smoothing for market bias indicator

[marcosunt]

This the 5min free strategy, whats the best premium one?