5 pip scalper for the 1 hour charts method

Hi

I am using a scalping system for the 1 hour chart on major pairs

its HL LH method

attached the indicator and template

the rules are easy

look for blue bar to form buy stop loss under the blue bar line and exit 5 pips

red bar form then sell exit with 5 pips or stop at high of red bar

this is easy

good luck

What happened with the previous 81 systems?

Hi there, is it possible to see a sample picture from chart with more detailed description to make it a bit clearer - thank you.

Look at this example

blue candle buy on close of next candle after blue

red candle sell on close of next candle

5 pip target

it should say 30 pips total lol

it is lagging

it does not repaint but the red and blue candles are lagging

if you notice it printed a red bar but not until a few candles after the fact ?

i am only interested in taking a lower high for sell or a higher low for buy

just use fractals they will show you the entry more clear

the fractals can disappear but it does not matter because this give more earlier entry's

So..... another system you haven't tested, never traded and cannot work.

At least you are consistent.

Thank you very much for your explanation and the tip to use fractals. Will watch the chart to see what this can offer.

Oh hell no.

i have backtested my sistem in tradingview.. DD 5.7% with profitability 78%, R:R 1:1, pair USDJPY. i backtested from 2022 to 2025 with grow up 5700% from 1000 usd lot 0,1. i'm also backtest in tradersfamily from 2015 untill 2025...

may be, my friends can give me feedback with my strategy...

What's your strategy? Can you explain?