Best FREE 5-Minute Scalping Strategy for 2025(Seriously!) - PineTrades - video Dailymotion

Pine Trades

Chart Analysis Platform: https://www.tradingview.com/?aff_id=154835  Today I'll be doing a backtest of this profitable MACD trading scalping strategy.  I will backtest it 150 times using a risk-to-reward ratio of 1:1.5.  This video is related to Stock Trading, Forex Trading, MACD indicators, Scalping Strategies, Technical Analysis,  Forex Strategies, Strategy Backtesting, Trading Indicators, Scalping Strategies, How to trade forex, and How to use trading indicators.  DISCLAIMER The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Forex and crypto trading is highly speculative and risky. It is only suitable for those people who understand, and are willing to take on, the financial and other risks involved, and who have the resources to withstand losses that may be significantly greater than any deposits you have made.

Transcript

00:00995% this is the profit made by this simple scalping strategy after just 150 trades in

00:09this video i'm gonna show you exactly how this strategy works and i'm also gonna backtest it

00:14live in order to see the rest of its performance metrics like win rate profit factor maximum draw

00:20down and so much more let's dive straight into it first things first get on trading view and load

00:27whatever forex pair or trading security that you like for me i'm going to be using the euro usd on

00:33a five minute time frame but this strategy will work on any security that you like now head over

00:39to the indicator search tab and type in twin range filter click on this one by colin mck the default

00:47settings for this indicator will work perfectly no need to change anything so this indicator will be

00:53our entry confirmation indicator when it prints a long signal we buy when it prints a short signal

00:59we sell pretty self-explanatory now for the second indicator head back to the indicators tab and type

01:05in macd be sure to select this one that says moving average convergence divergence we're gonna access

01:12this indicator settings by clicking right here head over to the style tab and change the histogram colors

01:18to the primary green and red like this after that uncheck the macd line as well as the signal line

01:26and then click ok now this indicator will be our short-term trend identifier when the histogram is

01:32green it means that the market is in a short-term bullish trend so we will be looking to only take

01:38long trades and when the histogram is red it means that the market is in a short-term bearish trend and

01:45we will be looking to only take short trades last but not least our third indicator is called market

01:52bias click on this one by professor x again we're gonna access this indicator settings by clicking right

01:58here on the inputs tab change the period to 60 and then change the smoothing to 10. head over to the

02:07style tab and uncheck this option right here then here on the plots background click on each color

02:15and change the opacity to 30 then click ok now this indicator will be our overall trend identifier

02:23when it's green we only take long trades when it's red we only take short trades now let's go over

02:29the conditions for entering trades to enter a long trade first the market bias indicator should be

02:36colored in green to indicate an overall bullish trend second the histogram of the macd indicator should

02:42be colored in green like this and then the last condition is for the twin range filter to print

02:48a long signal all these conditions are met on this candle so we enter a long trade we're gonna set

02:54our stop loss below the most recent swing low which is this one right here for the tech profit

02:59we're gonna set it at 1.5 times the risk we'll let this trade run and full tp now here's another example

03:08as we can see here the market bias indicator was colored in green and at the same time the macd

03:14histogram was also colored in green finally the twin range filter issued a long signal we enter a long

03:21trade here set our stop loss below the most recent swing low which is this one right here and for the

03:28tech profit we're gonna set it at 1.5 times the risk we let this trade run and full tp now you may be

03:36asking yourself but what are the conditions for entering a short trade well that's a very good

03:41question to enter a short trade you basically just have to do the opposite of everything we did for a

03:46long trade here's what i mean first the market bias indicator should be colored red to indicate an

03:53overall bearish trend second the histogram of the macd indicator should also be colored in red like this

04:00and the last condition is for the twin range filter to print a short signal all these conditions are

04:06made on this candle so we enter a short trade we're gonna set our stop loss above the most recent

04:11swing high which is this one right here for the tech profit we're gonna set it at 1.5 times the risk

04:18we let this trade run and full tp here's another example as we can see here the market bias indicator

04:26was colored in red and at the same time the macd histogram was also colored in red finally the twin

04:34range filter issued a short signal we enter a short trade so that's top loss above the most recent

04:41swing high which is this one right here and for the tech profit we're gonna set it at 1.5 times the risk

04:48we let this trade run and full tp the most important question now is how exactly does this strategy

04:55perform in different market conditions well to answer that i'm gonna backtest it 150 times using a

05:02risk to reward ratio of 1 to 1.5 the account size is going to be set at a thousand dollars and we're

05:08going to be risking two percent of that every time we take a trade let's get started

05:32so

05:38so

05:40so

05:42so

05:55after 150 trades we see that the win rate of this strategy was 72 percent the gain on the account

06:17was 995 percent over a backtesting period of six months it had an amazing profit factor of 3.99

06:27eight consecutive wins against four consecutive losses and a maximum drawdown of 4.88 percent

06:35and yes this strategy works on any security that you like to trade for the time frames i'm not really

06:41sure if it really works on all of them i've only backtested it on the five minute time frame but you can

06:46always do your own research and see what you come up with as always remember this is just 150 trades

06:52and the backtesting didn't have any discretion or subjectivity if you want to trade using this

06:58particular strategy be sure to do your own extensive backtesting and forward testing and customize it to

07:03your liking so you can have as much confidence as possible when trading with it if you like this

07:09video please hit the like button below or consider subscribing thanks for watching and i'll see you guys

07:14next time

Best FREE 5-Minute Scalping Strategy for 2025(Seriously!) - PineTrades

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