Scalping Strategy Overview
Welcome to FX Accurate! This video reveals a simple and profitable scalping strategy with a high win rate.
Key Indicator: Hull Moving Average (HMA)
- Fast Moving Average: Eliminates lag and improves smoothing.
- Trading Signal: Generated when HMA crosses above or below its past two candle value.
- Usage: Can be used for momentum and trend analysis.
Trading Tools
- Hull White Line: Red and Green colors indicate market direction.
- Follow Line Indicator: Red and Blue colors in the middle.
- QQE Mod Histogram: Positioned at the bottom.
Trading Setup
Buy Conditions (Long Position)
- Hull White Line: Green
- Follow Line: Blue
- QQE Mod Histogram: Green
- Candle Formation: Bullish candle
- Action: Place Buy Order
- Stop Loss: At the Follow Line Indicator
- Risk to Reward Ratio: 1:2
Sell Conditions (Short Position)
- Hull White Line: Red
- Follow Line: Red
- QQE Mod Histogram: Red
- Candle Formation: Bearish candle
- Action: Place Sell Order
- Stop Loss: At the Follow Line Indicator
- Risk to Reward Ratio: 1:2
Important Notes
- Always trade with the trend; never against it.
- Strategies do not guarantee 100% success; losses can happen.
Example Trades
- Trade 1: Euro/NZD with conditions fulfilled for sell; trade in profit.
- Trade 2: Conditions fulfilled for buy; trade in profit.
- Trade 3: Conditions fulfilled for sell; trade in profit.
- Trade 4: Conditions fulfilled for buy; trade in profit.
- Trade 5: Conditions fulfilled for sell; trade lost.
- Trade 6: Conditions fulfilled for buy; trade in profit.
Setup Instructions
- TradingView Setup:
- Search for "Follow Line" and apply.
- Change settings: Hide shapes, BB period 21 to 6.
- Search for "QQE Mod" and apply.
- Search for "Hull Suite" and apply.
- Change settings: Length 55 to 60 and Length Multiplier 1 to 3.
Conclusion
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- Thank you for watching!