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M1 Countertrend Scalping Strategy
Hey guys,
Recently I have been trying this strategy as well. The first post says that it's a very aggressive strategy but I don't find it that aggressive at all if you time it right and if you're conservative with your entries. I have been trading on a real account since 01.01.2023 (almost two months) and the results look very promising. I don't use a fixed stoploss. Just use a manual grid system to trade your way out when the trade goes against you. Works every time.
This results above is from February 2023 and January was almost similar.
There is a gap of 10 days in my trading as I was abroad and could not trade. I will continue to post results but this is the first strategy I came across that gives me a consistent profit. However, it is important to read the market (price action), stick to the rules and watch the news. If you have a zero spread account, it is an excellent scalping strategy however I highly doubt if this strategy can ever be automated. Too much manual labor involved for that.
Cheers,
Recently I have been trying this strategy as well. The first post says that it's a very aggressive strategy but I don't find it that aggressive at all if you time it right and if you're conservative with your entries. I have been trading on a real account since 01.01.2023 (almost two months) and the results look very promising. I don't use a fixed stoploss. Just use a manual grid system to trade your way out when the trade goes against you. Works every time.
This results above is from February 2023 and January was almost similar.
There is a gap of 10 days in my trading as I was abroad and could not trade. I will continue to post results but this is the first strategy I came across that gives me a consistent profit. However, it is important to read the market (price action), stick to the rules and watch the news. If you have a zero spread account, it is an excellent scalping strategy however I highly doubt if this strategy can ever be automated. Too much manual labor involved for that.
Cheers,
