Brutal Scalping is a system I developed that deploys the most underutilized indicator in modern trading, volume. By using volume and two other indicators this complete trading system attempts to detect when a pullback is ending and confirm when the main trend is continuing.
I ran this test on the 1-minute (M1) timeframe, but I rarely trade that chart due to the nature of markets, spreads, and fees. However, for some reason, many viewers enjoy watching videos on the M1. However, I strongly recommend testing on a higher time frame.
In addition to reviewing all of the indicators, providing exact entry rules, defining the take profit and stop loss levels, testing it for 100 consecutive setups, reviewing the results, discussing the equity curve, and scoring the system on a scale of 1 to 10, I also share my 6 optimization tips that you can try in your own trading system development, and testing.
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๐ System Web page: https://traderslanding.net/2021/12/25/54
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โฑ๏ธ Timestamps โโโฑ๏ธ
00:00 – Start
00:37 – Indicators
02:23 – Long Examples
04:06 – Short Examples
05:43 – Testing Results & Equity Curve
06:55 – Traderโs Landing Score
07:13 – Optimization
โ๏ธ System Specifics โ๏ธ
๐ System Name: Brutal Scalping
๐ Traderโs Landing Score: 8
๐น Instrument: Bitcoin vs. US Dollar Perpetual Contract
โ Time Frame: 1-Minute
๐ TradingView Indicators
Name: Exponential Moving Average (EMA)
Inputs: Time frame: 1-Hour, Length: 50
Style: Orange
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/
Name: SSL Hybrid
Inputs: ATR Multi: 3
Style: Check: MA Baseline, Bar Color, Baseline Upper Channel, Baseline Lower Channel, +ATR, -ATR
By: Mihkel00
Link: https://www.tradingview.com/script/C3MlAWCw-SSL-Hybrid/
Name: Volume Oscillator (VO)
Inputs: Default
Style: Plot: Yellow & Thickest line, Zero: Uncheck
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000591350-volume-oscillator/
โ๏ธ Long Entry
- Price above the 1-Hour, 50 Exponential Moving Average.
- Volume Oscillator below the 0 line on the lowest candle of the pullback.
- Volume Oscillator above the 0 line on the blue candle that breaks above the SSL Hybrid.
๐ Short Entry
- Price below the 1-Hour, 50 Exponential Moving Average.
- Volume Oscillator below the 0 line on the highest candle of the pullback.
- Volume Oscillator above the 0 line on the Red candle that breaks below the SSL Hybrid.
๐ฅ Risk to Reward: 1:2
๐ Where to place stop-loss:
For Longs: ATR band below the trigger candle.
For Shorts: ATR bank above the trigger candle.
๐ Where to take profits: 1:2