SECRET 1 Minute Scalping Strategy gets 97.2% WIN RATE [SCALPING TRADING STRATEGY]

in this video i'm going to show you guys a secret one minute scalping strategy that gets an amazing 97.2 win rate now if you're like me you're probably skeptical of these kind of claims but trust me the scalping's trading strategy works like magic and the best part is it's really simple to execute so even beginners can use it with great success right so now let's set up the chart so first you're going to go into tradingview.com and your chart's not going to look like this right and the cool thing about this scalping trading strategy is that you only need one indicator so let me x out of this and i'll show you guys how to set this up and this can this can work on crypto forex stocks options all of that stuff but for this example today we're gonna do it on the euro jpy pair okay first uh get your time frame into one minute because this is gonna be a one minute scalping trading strategy go into indicators and you're gonna type in h-a-r-s-i all right and that one the one that we're going to use is this one the high kanashii rsi oscillator by j rogers okay the high kanashii rsi oscillator click on that this pops up now we're going to change a couple of settings in this uh oscillator click on the settings right here so the first thing we're going to do is we're going to uncheck the rsi histogram in the style we don't need that okay and then go into inputs and change the open smoothing to eight and again just like all my other videos i to put this out there none of this is financial advice this is just for educational and information purposes only so smooth open smoothing to eight click okay get rid of a lot of noise over here which is great and now let me show you guys some uh you know some some entry entry and exit rules okay so let's open this up let's make a little text box so super super simple strategy so what you're going to do is for to go short you want the green candles these right here okay they need to reverse okay the green candles need to reverse back after touching the upper zone and turn red what do i mean by that okay let's keep this note out here so you guys have this for reference and let's look for an example let's look for an example we're going to keep moving these notes okay here's here's here's an example so here's here's the last time this happened right on this on this one minute chart okay right here so to go short on a position you want to wait until the green candles this is this is the upper zone this green is the lower zone all right so this is the upper zone this is the lower zone so when a candle when the when the green candle over here touches or crosses that line right gets into the upper zone you want to wait until it you want to wait until it turns red again and reverses okay and then you get in and then you want to do a stop loss to take profit at about one to one and a half okay so for instance on this one minute chart when it gets here you enter the trade so short position you wait for the candle to close so you make sure it's red because you don't want it to repaint you get in over here at the start of this candle your stop loss is going to be right above the last swing high okay right above the last swing high and we're going to go for a 1.1 to 1.5 okay so as you can see it would have it would have hit take profit we're just in about one two three about three three to four minutes right so right there so that that's an example of going short to go long it's going to be the opposite so let me delete that well let me just i'll just edit this because this just makes it a lot easier and shorter to go long the candles need to reverse back after touching the lower zone and turn green okay so that's what you need to do for it to go along so again just like any any you know strategy you're going to have some losses you're going to have some wins but you you want your wins to be greater than your losses right so for instance here you go here's here's here's something so right here this touches right right here you see how this went into the lower zone right so it goes into the lower zone wait for it to come back up here right and it closes in into the middle zone and if you were to get in right here let's see if this one would have worked you keep your stop loss right below the last swing low and we do a one to one and a half and it would have hit right there right would have hit right there so um and that's just just that's just another example and hey let's we're gonna go through a few more examples if you guys are enjoying this video please hit that like button and and type in nice in the comment below you know give give me some feedback in the comments so i'd really appreciate if you guys comment nice in the comment section and hit the like button let's let's keep going back here's okay here's here's another example of going so it the price action and the oscillator on the harsh right here it enters the lower zone bounces back up do a long position well this is where it goes goes up we're going to enter right here right below the swing low right there we do one and a half right it hits profit right there let's keep searching for some more examples all right so right here this would be a short position because the green candles goes into the upper zone right here it reverses back here short position right now you'd get in right at this one because you want to wait for that candle to close right above the swing high on on the short positions and we want to do one to one and a half okay um let's see keep dragging it we would hit take profit right around there so that would be another winning trade this one would have taken a little bit longer but it still it hit the take profit right and this would have been a good one because the stop loss was big and the risk reward was still one point you know one 1.15 so that was that's still a good win so i hope i hope you guys kind of see see how simple the strategy is and you only need you only need this one indicator the rest of it's just regular price action no you know no no changing candles here you just got to make sure it's on the one minute time frame but in the rc you change the settings if you guys want to rewind back and and go back to that and yeah make sure make sure you guys subscribe to this youtube channel if you guys want some more awesome strategies but uh uh and also subscribe to my telegram channel and my all access patreon where you can see exactly where i'm trading i post alerts when i get in and out of trades this was one of my recent trades that i posted on there uh not bad huh well don't forget to subscribe to this youtube channel hit the bell for more amazing strategies to help you become a more profitable trader and i will see you guys on the next one

Channel: My Trading Journey

Views: 122,135

Keywords: 1 min scalping strategy, scalping trading strategy, 1 min scalping, forex scalping strategy, 1 minute scalping strategy, 1 min scalping trading strategy, scalping strategy, best scalping trading strategy, 1 minute trading strategy, scalping strategy that works, 1 min trading scalping strategy, scalping crypto, crypto scalping, trading strategies, crypto trading strategy, bitcoin trading strategy, best tradingview indicators, best tradingview indicator for scalping

Id: Lklw2YAcwoI

Length: 9min 4sec (544 seconds)

Published: Tue May 24 2022