This 5 minute scalping strategy is so simple, yet it’s proven to make money time and time again. If you’re looking for a scalping trading strategy to make some extra cash in the markets, then this is the strategy for you!
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This video expresses my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to take are your own. Nothing in this video is financial advice. All content is for informational purposes only.
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31 Comments
πLink to Lux Algo Premium – Use Promo Code ANY20 for 20% off β‘ https://bit.ly/3nS3DaT
π€See ALL of my Trades – Join My Patreon β‘ https://www.patreon.com/MyTradingJourneyFullAccess
π°Join My FREE Telegram Channel β‘ https://t.me/joinchat/AAAAAFcSSyCUKI3CpSgxgw
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I just tried it and lost100% of my trades. the indicator mentioned by lux algo repaints. did you forget to mention that?
Do not listen to this guy. This LUX indicator repaints, so it is normal that it will detect all the calls but only for the past. He said to turn off "tables" settings because if you don't, it will be written literally : "Nadaraya… [LUX] repaints". Do not listen to him, he just wants you to fail at trading. He uses others techniques that he obviously does not want you to know.
Hello! Iβm curious if anyone here has tried copy trading. What was your experience? I'm relatively new to trading and I am looking to study some experts traders and copy their open trades rather than investing myself and lose money emotionally! Especially now that the market is unstable.
ah, Lux algo, the master of repainting indicators.
In actual trading, this channel keeps adjusting itself. So if the action moves out and if the trend continues, the channel later takes the action inside and adjust itself. In back test it looks cool, because then channels are static and not dynamic. 2, 3 times in a day, I got fooled by this channel. Price went out, I took position, but then trend continued and price that was out few candles back was now inside. π π π
Excellent Sir thanks π
not exactly because the Nadaraya indicator always change
This stretegy looks great.
Does this work on olymp trade
Well ofc it works the lines are rapainting lol, in live market you wouldnt be able to achieve that results !
Hi
Wonderful system
Can anyone help me with the atr multiplier of 0.5. I was lost on how this was used
Was the stop at 0.5 atr and the profit
It repaint every time
Nice addition of the 1/2 ATR for your stop. I trade the NW by Lux and it is, IMO, a valuable indicator. One caution I would suggest is in back testing it can be misleading due to its repaint. You can have signals that appear in back testing but were not in live time and you can have signals that disappear due to the repaint. These usually happen when the end of a candle wick is near the NW. Your strategy is a GOOD set of rules to follow. I would suggest screen time and recording the signals as they appear in live time.
Awful lot of spam bots praising your videos in the chat… suspicious π€
This is works for me I just make 100 USD less than one hour
I love the grounded reality of this channel,its normal to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world. Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested expert-suggested investment strategies that can help you accumulate the current crypto storm, in few weeks of implementing trading with accurate signals directly from Oliver Mayne I have been able to accumulate over 22 btc despite the current state of the market.
Can you use this strategy with Futures as well?
LOL First of Dumb Strategy. 1. The envelope repaints itself so, whatever his backtest results show you, don't work in the real trading. 2. A simple support and resistance strategy will have better accuracy 3. Choose your trading stratefy with forward testing and not back testing.
Hi can I hire you to coach me on futures s&p trading??
There are restrictions that could limit one from achieving this so I use an expert while I trade on a cash account and above the PDT rule for high profitable trades, I make around Β£ 2k weekly with his help cause trading is quite complicated
Boom
If anyone want to earn daily one time they can reply me,
At 1st you will notice everything than you can invest..
Brilliant mate ππβ
Thanks very much for sharing πββοΈ
This strategy don't work on live chart
I have tested and it reset on every lost made
Boom!!! Hey man thank you! Iβll try to implement this strategy looks legit!!!
Works for me thank you πππ
If you want to lose money again and again, use this strategy. Good luck!
A couple of comments, It appears as long as the wick first goes outside of the envelope line, then the wick of the reversing candle goes back in, make the trade. Meaning the body of the candle doesn't have to go outside of or go back into the lines. It appears the reversing candle does not need to be an engulfing candle. For any of these scalping strategies, do you find that the 5 minute time frame works better than a 1 minute time frame? Great stuff.
i repaints so doesnt work , tested on bar replay
You're an idiot and don't realize the indicator is repainting and doesn't actually perform well at all in real time.