Best Scalping Strategy For Day Trading Forex (with backtest)

In this video I am going to share with you my high win rate scalping strategy that made me consistently profitable. I will also share with you a TradingView script that you can use to backtest and live trade this strategy.

You can find the TradingView script for backtesting and live trading that I have created for you to follow along with this strategy here:

https://www.tradingview.com/script/z2eyyJSV-TradingPit-Scalping-Strategy-EUR-USD-15M/

If you do use it let me know in the comments below what parameters work best for you and whether you use it as a scalping strategy or swing trading strategy.

If you are wondering how you can turn this scalping strategy into a swing trading strategy at no additional risk follow along as I show you just that as well as the four key points that allowed me to become consistently profitable trading this strategy.

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

00:00 - Intro
00:29 - The Strategy
00:50 - Long Setup
01:47 - Short Setup
02:28 - Watch Out For This
03:00 - TradingView Script (Backtest)
03:52 - Catching Big Swings
04:50 - Becoming Consistently Profitable
05:06 - Economic Releases
05:25 - Managing Risk
05:59 - Overtrading
06:33 - Trading Plan

Trading a scalping trading strategy can raise many question: Is it good for day trading, is it good for trading forex? In this scalping tutorial you will learn why a scalping forex strategy is the best way to trade not only forex but can also be used for stock and future scalping. This scalping day trading strategy can easily be turned into a swing trading strategy. With this easy forex scalping strategy you can become profitable and after will recommend ema scalping strategy to any trader. An easy forex scalping strategy is exactly what beginners need to get started day trading.

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Disclaimer:

TradingPit is not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.