I Tested 99% Win Rate Super Smart 5 Min. Scalping Strategy!!

Introduction to the Indicator

The speaker introduces an indicator that they believe is so accurate and simple that it should be banned. They claim it can accurately determine when to buy and sell with a high win rate.

The Indicator's Accuracy and Simplicity

• The indicator has a win rate of 80% when used alone, and up to 90-95% when combined with custom settings and an additional indicator.

• It is recommended to use this strategy on timeframes of five minutes or higher for optimal results.

Adding the Indicator on Trading View

The speaker demonstrates how to add the indicator on Trading View charts.

Adding the UT Port Indicator

• Go to the "Indicators" option in Trading View.

• Search for "UT Port" and add the indicator.

• Set the key value to 2 and period to 80.

• In the style section, uncheck the buy option.

Adding the UT Bot Indicator

• Again, go to the "Indicators" option in Trading View.

• Search for "UT Bot" and add the indicator.

• Set the key value to 2 and ATRP read to 300.

• In the style section, uncheck the sell option.

Understanding How the Strategy Works

The speaker explains how well the indicator works by showing examples on a chart. They also mention that there are some false signals but adding another indicator can help filter them out.

Observing Buy Signals

• When a buy signal appears, observe how price moves up.

• There may be occasional instances where a sell signal fails, resulting in price moving down instead.

Enhancing Accuracy with Another Indicator

• To filter out false signals, the speaker recommends adding the STC oscillator with custom settings.

• Search for "STC Oscillator" on Trading View and choose the appropriate option.

• Set the length to 80 and fast length to 227 in the settings.

• Customize the style by setting plot length to green and increasing opacity, and plot 2 to red with increased opacity.

Entry, Stop Loss, and Take Profit

The speaker explains how to enter trades based on buy or sell signals from the indicator. They also discuss setting stop loss and take profit levels.

Entering a Buy Trade

• Look for a buy signal from the indicator.

• Check if the HTC line is below the green line and moving up.

• Enter a trade when both conditions are met.

• Set stop loss below the recent low and take profit at twice the stop loss level.

Entering a Sell Trade

• Look for a sell signal from the indicator.

• Check if the HTC line is above the red line and moving downwards.

• Enter a trade when both conditions are met.

• Set stop loss above the recent high and take profit at twice the stop loss level.

The transcript does not provide further information beyond this point.