Yes I have. Like all trading, there are losers but it is 70%+ reliable. You get far more entries with your strat here though.

1min scalping using mtf ALF by bbolss

Mentioned it earlier in the thread. I draw channels and trendlines, S and R areas off H4 or H1 and just wait for breakouts/confluence areas and for price to either start making higher lows are breaking out with gusto. If stochs come out of ...

1min scalping using mtf ALF by bbolss

I've taken three. I'm using this in conjunction with my usual M1 scalping approach. Two winners and one loser. Not great but not traded a whole lot today. Once you nail M1, you can make a whole lot of money with not that much work

1min scalping using mtf ALF by bbolss

Good luck with that if you do it. Personally I think you are on to something here with the M1 strat. By the end of the first hour after 8.30 gmt today, you had two winners. 45 minutes work and your job is done if you are happy with 4% growth!

1min scalping using mtf ALF by bbolss

Is that a good plan? You would have far fewer entries on M5 and even fewer on M15. You would have to check the screen nearly as often for far fewer trades. You may take 2 or at an absolute push 3 winning trades a day on M5. Why not just trade London ...

1min scalping using mtf ALF by bbolss

Try and aim for 1:1 risk reward. If your stop is 7 pips and your spread 2 pips, try and take 9. If price is stalling badly or there is a reason to take profit early (pivot point or support/resistance area) then it's not too bad to take profit early ...

1min scalping using mtf ALF by bbolss

Your first two entries should have yielded profit. What were your profit targets on these? Having scalped M1 a bit in my time, I always have my stop loss no further away than the last swing low or swing high, yours look a little wide to me. Can't ...

1min scalping using mtf ALF by bbolss

Good luck!

1min scalping using mtf ALF by bbolss

Great news! I take it you trade full time, for a living?

1min scalping using mtf ALF by bbolss

I took it too. I guess you know they will come but taking every valid setup is the answer. What do you think about this strategy in different market conditions? Do you think it has longevity to work long term in all market conditions?

1min scalping using mtf ALF by bbolss

Thought this might be the reason, well worth keeping in mind. Thanks.

1min scalping using mtf ALF by bbolss

Good morning. I have a question about this trade as well, if I may Yesterday, you pointed out a couple of trades that you wouldn't take because there was only 3 pips between the entry and the top of the last move. Here, there was only 3 pips ...

1min scalping using mtf ALF by bbolss

I don't trade M1 between 12.30-2.00 GMT, it just slows down too much every day

1min scalping using mtf ALF by bbolss

Ok, cheers

1min scalping using mtf ALF by bbolss

Thanks mate. Sorry I meant to say that I have just started using it too although i've just found out that it didn't take my stop out on my last order so had to close manually. Have you found this problem too then?

1min scalping using mtf ALF by bbolss

Yep. Obviously there is a fair amount of discretion needed here. I have looked at it and I think without discretion you might be one trade up today after making many, many trades from 7.30 gmt. If you use good discretion, you would be anything up to ...

1min scalping using mtf ALF by bbolss

Some fair points there. Maybe price action is the filter that newbies will struggle with though. Pin bars on M1 still show significance. Not as much as longer TF's but if you get a big pin on M1, I am on guard. Trading with the waves of the price ...

1min scalping using mtf ALF by bbolss

As has been said above, maybe the only other filter is to add lines of interest. S and R areas drawn off H1/H4 and maybe pivot points? Breaks and retests could also be added to the strat as safe trades? Maybe you don't need anything if 70-90% win ...

1min scalping using mtf ALF by bbolss

Thanks

1min scalping using mtf ALF by bbolss

What has been the average win % so far? Difficult thing about this strat is that it's very difficult to back test.

1min scalping using mtf ALF by bbolss