Simple But Very Effective Trading Strategy
Creating and backtesting a trading strategy can be a complex process that requires careful consideration and analysis. However, here is a possible strategy that you can consider: Indicators: Moving Averages (50 SMA and 200 SMA) Relative Strength Index (RSI) Volume Profile Time Frames: 5-minute and 15-minute charts Risk/Reward Ratio: 1:2 or higher Entry Points: For Scalp Trades: Look for price action patterns such as breakouts or pullbacks near the 50… Read More »Simple But Very Effective Trading Strategy