Soheil PKO's 5 min Hitman Scalp - 3MA + Laguerre RSI + ADX [Pt] — Strategy by PtGambler
By PtGambler
Performance Metrics
- Author: PtGambler
- Symbol: OANDA:SPX500USD
- Timeframe: 5 minutes
- Net P&L: +530.60 USD (+5.31%)
- Win Rate: 36.3%
- Profit Factor: 1.2
- Max Drawdown: 295.00 USD (2.81%)
- Total Trades: 193
- Sharpe Ratio: 0.497
Description
Mar 9, 2023Someone sent me this strategy found on YouTube. It is Soheil PKO's "The Best and Most Profitable Scalping Strategy" Best way to find out is to code it =)This strategy uses Moving Average Ribbon, Laguerre RSI, and ADX. This script only displays the MA ribbon, you will need to add Laguerre RSI and ADX separately.Long Entry Criteria: - 16 EMA > 48 EMA > 200 SMA - Laguerre RSI > 80 - ADX > 20Long Exit Criterion: - 16 EMA 20Short Exit Criterion: - 16 EMA > 48 EMAAs mentioned in the video, risk management is very important, especially for scalping strategies. Therefore, I've added option for setting Stop Loss and Price Target in the options for you guys to play with. All parameters are configurable.Enjoy~~Mar 13, 2023Release NotesAdded options for 1 entry per trigger for using fixed SL / PTApr 6, 2023Release NotesUpdated with options to change entry threshold for LaRSI