M1 Countertrend Scalping Strategy

Hello can you explain how and what you are using to place multiple entries?

Checkz,

See screenprint.

ok thanks

Aromos,

Sorry for the late reply, see attached screenprint and both Indicators & Template are attached too...

Gringo,

Thank you for sharing.

Counter Trend

How do I counter the trend?

Of course, I have to understand the trend first.
So I use many trend indicators.
Primarily, the Bollinger Band technique, but only the technique... not the indicator.
Next, I modify the Ichimoku to resemble the Bollinger Bands.
Then, the ADX never lags.
And the envelope determines the stop-loss.
And the EA implements a trailing stop.
This is all manual trading; the EA is just a tool.



On the first monitor... it displays a minimized chart for a quick glance, never closed or modified.
On the second monitor, it displays the details... it's on this second monitor that I trade.
On the first monitor, a major bullish trend is visible.
So, at the resistance level, I wait for a mini bearish trend and buy.
On the second monitor, I display the details of the trend indicator.

Detail ADX view

Detail Trend 20-80 , you can use CCI , or Stochastic or WPR

Essentially, an indicator above the upper level indicates a strong buy signal.
An indicator below the lower level indicates a strong sell signal.
For example, a CCI above 100 or a CCI below -100.

detail Trend 20-80


Good Luck

can you explain each step to search entry
i read but still don't understand what you mean

Simple logic
If you're trading counter-trend, you should also know what a follow trend is.
Following a trend usually refers to a major trend.
And a counter-trend usually refers to a mini-trend.
Actually, in my opinion, a counter-trend is simply following the major trend when the mini-trend signal is in the opposite direction to the major trend.
For example, major trend = buy
mini-trend signal = sell
So I buy on the mini-trend sell signal.
The question now is... can you recognize mini-trend signals?