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 personally set up M15 scalping on EURUSD. Specifically during the London/NY overlap, I built it to search for one high-conviction trend reversal every day. How it operates Selective Entry: Identifies reversals early without purchasing the peak by using a tight SuperTrend and RSI filter. Institutional Filter: To ensure that it only activates when actual money is affecting the market, I included a volume check. Risk First: Based on a 2% risk of my entire balance, it automatically determines lot sizes. One Shot: To prevent overtrading and high-spread hours, trading is restricted to one setup per day between 11:00 AM and 10:00 PM IST. Configuration: Ideal for the M15 period