I Tested a $100,000 Scalping Trading Strategy 100 Times ( Shocking Results )

today i'm going to backtest a scalping strategy that made tradeking over a hundred thousand dollars but before we start i just want to say thank you for 400 subs you guys are amazing we're gonna back to that strategy a hundred times on ethereum one minute time frame but before we add our indicators to the chart we need to switch our candlesticks from japanese to hikanashi okay so we can see the price is way smoother and we can easily identify the direction of the trend for our first indicator we're going to use an rsi a relative strength index and we're going to need to change the settings so first of all we're going to change the time frame to 5 minutes and we're going to change the style so we're going to get rid of uh this yellow line uh upper bands a lower band this middle band i'm gonna make this as a line and we're gonna remove the background also we can make the line more visible and there we go and for our second indicator we're gonna use a simple volume that one right there okay the system is ready it's very simple as you can see so uh let's get into our trading rules so in order to enter a long position we first need to take a look at our rsi indicator so this purple line has to touch or cross this 30 a lower band and once it does that now we take a look at our hakanashi candlesticks if we have a candlestick that doesn't have a lower wick this is a signal for us to take a long position but before we do that we need to check our volume as well so the green volume histogram that sits underneath our hakanashi candlestick has to be higher than the previous red volume you see our bullish volume is currently at 32 but the previous bearish volume was at 141 so this wouldn't be a valid signal for us to take a long position so we would skip this trade all together and the next thing we do is we wait for our rsi indicator to give us a new signal which happened right here you see this purple line just crossed this lower band and now we're looking for these uh hey can ashy candlesticks without that lower wick so you see we have our candlestick right here and we're looking down at our volume we see is sitting at 159 and we check the recent bearish volume so it's 118. so this would be a valid signal for us to take a long position so we would enter the trade right here we would set our stop loss at a recent swing low and we would target two times the risk so our risk to reward ratio is two and we would risk two percent of our account for each trade okay as we can see the price went in our favor and we hit our take profit target the opposite works when entering short trades so first of all we're looking at our rsi indicator and if this purple line touches or crosses this upper band this is a signal for us to go and look for those heiken asher candlesticks without an upper wick and once we found a candlestick now we're looking down at our volume indicator and we see that the value is sitting at 470. so now we compare this bearish volume with the previous bullish volume we see the previous bullish volume is seen at 291 so this would be a valid signal for us to take a short position so we would take a short trade right here and set a stop loss at a recent swing high and we would target two times the risk let's see if the price hits our take profit target it definitely does there we go we have another profitable trade here is another example for a long trade so we see our rsi indicator just crossed into this oversold area now we're looking for those bullish hakinashi candlesticks without a lower brick we see we found one right here and now we're checking the volume it's at 121 comparing to 356 so what we wouldn't take that trade because our previous bearish volume was uh higher than current and bullish volume so we would skip that trade now we see the rsi i just got out of this oversold area and we have another signal right here so uh now we're looking for those bullish hagenasha candlesticks again we'll see you'll find one right here we check the volume it's 581 we compare it to the previous bearish volume 441 so we would take a long trade right there so we would enter a long position and set our stop loss at the recent swing low and we will target two times the risk there we go the price went in our favor and we close this trade with the profit also i want to mention that you won't find these setups really often because uh most of the times you see the arrow style line moves in between these overbought and oversold areas so sometimes yeah you have to skip trades like these but once you do have a signal the probability of you entering a profitable trade is really high okay so now once we know the rules we can start back testing our system and compare the results to the previous systems we've already tested on our channel [Music] okay so we finally finished up back testing and i found those 100 trades within a one month period so we started our account with 1 thousand pounds and we were risking two percent in order to make four our win rate is really high for such a risk to reward ratio we also increased our account size by 248.34 which is crazy good so we see we had quite a few winning streaks at the beginning which gave us a good boost after that we had a drawdown and we weren't making any money right here because the market wasn't trending and once the market started trending again we started making quite a bit of money okay so let's now compare our system to some other systems we've already tested on our channel we see in terms of win rate our system is on a third place so 55 win rate that's really high like i said and in terms of growth over time this system is actually on a fourth place because these two systems right here would have made way more money within 30 days period okay overall i think this system is really good and you should definitely consider trading with this system but make sure you back tested and forward test it before you start trading with real money okay if you 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Channel: TradeIQ

Views: 26,534

Keywords: scalping, scalping trading strategy, scalping strategy, scalping crypto strategy, trading strategy for beginners, crypto, high win rate trading strategy, best scalping strategy, simple trading strategy, best scalping trading strategy, testing a trading strategy, backtesting trading strategy, profitable scalping strategy, profitable trading strategy, high win rate scalping, forex trading strategy, best indicator for scalping, RSI, RSI strategy, Heikin Ashi strategy, Heikin Ashi

Id: ckr2EU6lFu0

Length: 7min 49sec (469 seconds)

Published: Thu Mar 24 2022