This Scalping Strategy Works Everyday (Stupid Simple And Proven)
Loses money
No edge after realistic trading costs
- trades tested
- 3,683
- per trade after costs
- -3.8bp
- winners
- 33%
- years of data
- 14.7
Mark the high and low of the first 5-minute candle (9:30-9:35 New York) on NQ, then on the 1-minute chart wait for a candle to close its body outside that range and for a fair value gap to form away from the range (displacement). Enter when the gap's third candle closes, stop at the far end of the candle that closed through the range, target a fixed 2:1.
The exact rules we tested
- 01Instrument: NQ | Signal timeframe: 1m | Direction: both
- 02Session: 09:30-16:00 (exchange tz), flat at session end
- 03No new entries after 11:00
- 04At most 1 trade(s) per day
- 05LONG when: (gap.bull > 0) AND ([close crosses above orb.high] on any of the last 30 bars) AND (close > orb.high) AND (gap.bull_top > orb.high)
- 06SHORT when: (gap.bear > 0) AND ([close crosses below orb.low] on any of the last 30 bars) AND (close < orb.low) AND (gap.bear_bottom < orb.low)
- 07Entry: market at next bar open
- 08Stop: at the brk_low (longs) / brk_high (shorts) level
- 09Target: 2.0R (risk-multiple of stop)
- 10Where brk_low = low frozen at the last bar when close crosses above orb.high
- 11Where brk_high = high frozen at the last bar when close crosses below orb.low