M15_Scalp_V1 — Strategy by neediness999
By neediness999
Performance Metrics
- Author: neediness999
- Symbol: OANDA:EURUSD
- Timeframe: 15 minutes
- Net P&L: +2,116.52 USD (+21.17%)
- Win Rate: 61.4%
- Profit Factor: 1.514
- Max Drawdown: 1,391.01 USD (11.62%)
- Total Trades: 44
Description
This is how I set up my M15 scalping for EURUSD. I made it so that it looks for one strong trend reversal every day, especially during the London/NY overlap. How it works: Selective Entry: Uses a tight SuperTrend and RSI filter to find reversals early without having to buy at the top. Institutional Filter: I added a volume check so that it only goes off when there is real money moving the market. Risk First: It figures out the lot sizes for me based on a 2% risk of my total balance. One Shot: Only one setup can be traded per day between 11:00 AM and 10:00 PM IST to keep people from overtrading and trading during high-spread hours. Preparation: The M15 timeframe is best for this.