There are many YouTubers and bloggers who share wrong information. Even their caption is something else and they tell something different. Actually, they want to catch the attention of readers and viewers and by making a good caption, they pull them toward their blogs and videos.

You may have noticed that sometimes the title and the post do not even match. This is their technique, but not all are like this. No doubt, some bloggers share informative material with the intention to help other users. It is you who must decide which post is informative for you and read only that one. Also one thing to tell you guys never believe any person telling about any idea or strategy, listen him and at first do your homework and that is back-test.

Traders’ focus is on a strategy through which they keep earning. Surely trading is a wide field and if I start now, I can bring out more than 30 strategies. But the real thing is that not every strategy works. Most of them will hunt your stop loss.

In today’s post, I am going to share a strategy with you which you will 100% like. No misinformation and no wrong guide, but straight to the point strategy that has a win rate of at least 65–70%. Whenever a user tells you a win rate, do not trust it, instead keep backtesting. If it really works, then follow that strategy.

The strategy I am telling you, first, understand it well. After understanding, do a good backtest. If you see that the win rate is really high, then start your work and don’t waste more time. The strategy I will share, I am 70% confident about. It means it will keep giving you 70% win rate. For a trader, even a 55% win rate is a big success. So, 70% is more then expectation.

I will explain in very easy and clear steps so that it doesn’t become complicated and you can understand easily. First, open the chart of any coin in TradingView. It works on every coin but it is better to select a coin that does not have high volatility or is not a pump and dump coin.

Keeping this in mind, Bitcoin and other bluechip coins are best for this strategy. The big reason is that these coins are slow and not pump and dump, which makes them suitable for this strategy.

Sᴛᴇᴘ-ʙʏ-Sᴛᴇᴘ Gᴜɪᴅᴇ ғᴏʀ ᴛʜᴇ Sᴛʀᴀᴛᴇɢʏ

Follow these steps:

Open the 4H time frame and set the time zone. The most important is selecting the correct time zone. Choose New York time zone because at that time market has more volatility.

1. After that, check the first (4H) opening candle of that day.

2. Mark the upper and lower wick of the candle as shown in the picture.

3. Use a vertical line to mark that same candle for yourself.

4. Go to 5-minute time frame and find that vertical line mark. Your scalping has started.

Whenever you see candles touching the upper line and closing in the same range, then you have to open a short position. Your SL will be the last swing high and your TP will be set at 2 times of SL. Risk:Reward must be 1:2

In the same way, when candles touch the lower line and give closing above the line, then you have to take a long position. Again, SL will be the last swing low and TP will be twice the SL. Risk:Reward must be 1:2

In case the candles break out and go out of the range, then at that time you must wait until the candles come back into the range. Till that time do not take any trade. But as soon as they return inside the range, start your trading.

26th September (Backtest)

25th September (Backtest)

24th September (Backtest)

Bᴀᴄᴋᴛᴇsᴛ Rᴇsᴜʟᴛs

I did a backtest of the last 15 days and got around 65–70% wins. Recently, I did backtest of the last 3 days and the win rate is in front of you. In the images, you can see that on 26th September there were 5 trades, and win rate was 100%.

On 25th September no trade came, meaning candles did not even enter the range. In such case, you have to wait.

On 24th September, again 3 trades came, 2 were wins and 1 was loss. Again, 67% win rate and 33% loss. The average win rate of the three days remain 83.5%. In the same way, for your own satisfaction, keep doing backtest for the last month. If win rate is higher, then start your trading according to this strategy.

If you like the strategy, then support this post and reblog it so that more and more users can benefit. Also, keep sharing your trades.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA Image Source

REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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