Hey guys,
Do you have any scalping strategies that you don't mind to share with us here? I'd be happy to build it and share with you guys in exchange for some ideas.
I came across one of the youtube videos that uses very simple indicators - SAR and stochastic.
The entry condition is very simple:
1) If the bar is above the Parabolic SAR (which means it's in an uptrend) and;
2) If the stochastic is oversold (below 30) and;
3) If the stochastic crossover = BUY
And vice versa.
For the exit condition, I just use fixed stop loss and take profit just to see if it can make any money:
1) SL = 40 points
2) TP = 50 points
I did a quick test on USDJPY, starting from 1 Jan 2018 to 4 Sep 2018, on M15 timeframe. The result wasn't too bad at all.
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