I'm going to show you a very simple
5-minute scalping strategy that managed
to get 18.2% in the last 30 days having
proper risk management 1% and 2% and the
best part is you only have to trade once
a day let's jump right into it here's
the first win of the strategy and here
are the indicators that you need to have
on your chart click the indicators Tab
and type in ttf SMC toolkit it'll be the
first one right here by the trade floor
it's a free indicator the next indicator
is called happy trail also by the trade
floor this indicator is paid for this
indicator you will use the default
settings for those of you that have the
trading view free version and you're
limited to two indicators this is
technically all you need but to make my
life easier I add a few more I like
smoothed moving averages it's just my
preference and it's what I'm using for
this strategy I have my moving average
set to 200 and red the other thing that
I like to add onto my charts because it
just makes my life easier is an
indicator called the ICT New York open
midnight line all it does is create a
vertical line at midnight and New York
time as you can see right here so we're
starting on February 29th okay so the
rules for entry for a buy position you
need to be above the New York open price
which is this yellow horizontal line
that's from the free indicator the ttf
SMC toolkit you need to be above the 200
smooth moving average and it needs to be
during or after the London session and
all you're waiting for is a smiley face
to print below the candle for a buy
position or above the candle for a sell
position so as we can see in this first
example this yellow line is the New York
open price we are currently above it we
are above the 200 smooth moving average
and it is during the London session
which is shown in the ttf SMC toolkit I
have it only showing me New York session
and London session these are my settings
we enter in a long position we have our
stop- loss at the end of the candle and
we're shooting for a 1 to2 risk to
reward ratio first trades a winner we
did not meet our requirements on this
day price was trading below the New York
open and above the 200 smooth moving
average so this is a no trading day
here's an example of a short position I
want the entire candle to be below the
200 smooth moving average I don't want
it crossing over I don't like crossovers
whole candle below the moving average
below the New York open price enter in a
short position stop loss at the end of
the candle going for a 1 to2 risk to
reward ratio another win this right here
is the London session this is the New
York open price price started to go up
above the 200 and above the New York
open we got our entry candle over here
just before the New York session started
stop loss below the candle 1 to two risk
reward next position candle closed above
the New York open and above the 200
smooth moving average price was trading
sideways as you can clearly see this one
was a loss but because we are sticking
to strict rules we are not having any
other thoughts besides these rules these
are the rules this was the entry it was
a loss each time you see this vertical
line it's the next day so we are trading
once per day no smiley faces during
London session got one right here meets
all of our requirements above the open
above the 200 going for a 1 to two and
not every day is going to be a trading
day sometimes you're below the New York
open and above the 200 not a great day
to trade next example below the 200
below the New York open smiley face
above the candle stop- loss at the top
of the candle one to two risk reward
this goes on and on and on one trade per
day some days are no trading days
because your requirements are not met
because you should be systematic with
your trading some days are winners some
days are losers some are small trades
some or long trades some days really
suck where it gets close to your
takeprofit and hits your stop loss but
overall that is the strategy currently
on today if a candle closes above this
line with a smiley face below it I'm
going to take a long position but as you
can see over the last month we had a win
rate of
68.75% getting us
18.24% profit and on a $200,000 account
that's $
36,4 180 a total of 16 trades so of the
20 trading days that exist per month you
only didn't trade four days profit
Factor 4.4 which is absolutely amazing
three consecutive wins two consecutive
losses and a Max draw down of 2% if you
guys like this strategy and you want
access to the happy trail indicator just
click the first link in the description
that'll take you to the trading floor
there you will get access to the
indicator and also the education center
where you can learn absolutely
everything there is to know about day
trading in a stepbystep guided process
you also get access to the Discord
Community where you can talk with other
people that that are trading this exact
same strategy as you thanks so much for
watching and we'll see you in the next
one