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In this video, I will backtest a 96.8% win rate on a 5-min forex scalping strategy using the best tradingview indicators. This forex scalping strategy can be applied to any currency pair and used by anyone, from beginners to advanced traders.
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*further video description*
You can use this 5-min forex scalping strategy to make profits quickly because forex scalpers buy and sell based on small price movements. The forex scalping strategy is based on powerful indicators, which are the Zero Lag Smooth Moving Average and the Chandelier Exit.
The zero-lag smoother moving average aims to eliminate the lag associated with trend-following indicators, and the chandelier indicator gives you plenty of opportunities to catch the best entries of the move in a 5-minute time frame. Based on volatility, the Chandelier exit indicator employs ATR calculations to determine the ideal position to place a profit stop loss.
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments.