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

About this Video

• Video Title: I Tested 99% Win Rate Super Smart 5 Min. Scalping Strategy!!
• Channel: Traders Monopoly
• Speakers: The speaker's name is not mentioned in the transcript.
• Duration: 00:04:10

Introduction

This video presents a five-minute scalping strategy using a combination of the UT Bot indicator and the STC oscillator. The presenter claims this strategy boasts a high win rate, potentially reaching 90-95% with the suggested settings and combination of indicators. The video demonstrates how to set up and use both indicators on a TradingView chart to identify buy and sell signals.

Key Takeaways

• The core strategy uses the UT Bot indicator on a 5-minute or higher timeframe.
• The UT Bot indicator's settings are key value 2 and ATR period 1 for buy signals, and key value 2 and ATR period 300 for sell signals.
• An STC oscillator (Length 80, Fast Length 27) is used to confirm signals from the UT Bot. Buy signals are confirmed when the STC line is below the green line and moving upwards. Sell signals are confirmed when the STC line is above the red line and moving downwards.
• Stop-loss and take-profit levels are determined based on the trade's entry point; the take-profit target is twice the stop-loss distance.
• While the UT Bot indicator alone claims an 80%win rate, combining it with the STC oscillator is said to increase accuracy and reduce false signals.