Review: “Scalping 1 Minute Chart with one indicator 85% Accuracy”

I review a trading system that promises an 85% win rate using the 1-minute time frame. I test this strategy 100 times in a row to find out how it really performs, in addition to my 5 optimization tips on how to improve the results.

⏱️ Timestamps ​​⏱️
00:00 - Start
01:03 - Indicators
01:50 - Long Examples
03:12 - Short Examples
04:18 - Testing Results & Equity Curve
05:10 - Trader’s Landing Score
05:33 - Optimization

⚙️ System Specifics ⚙️

📛 System Name: The Gossamer Scalp
🏆 Trader’s Landing Score: 0
🎹 Instrument: Shiba Inu / USD
⌛ Time Frame: 1-Minute (M1)

👀 TradingView Indicators
Name: Heikin Ashi RSI Oscillator
Style: Remove Histogram, Background Fill OB - Opacity = 25%, Background Fill OS = 25%, RSI Overlay Line Thickness = 3
Inputs: Open Smoothing - 7
By: JayRogers
Link: https://www.tradingview.com/v/1o4oWbEx/

☝️ Long Entry

1. Red Heikin Ashi body closes in the oversold zone on the indicator.
2. Buy when first green Heikin Ashi candle closes.

👇 Short Entry

1. Green candle body closes in the overbought zone in red.
2. Sell when first red Heikin Ashi candle closes.

🔥 Risk to Reward: Dynamic

🛑 Where to place stop-loss:
For Longs: Previous swing low.
For Shorts: Previous sing high.
🚀 Where to take profits:
For Longs: When the RSI touches first red candle and in profit.
For Shorts: When the RSI touches first green candle and in profit.

⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.