It all depends on your personality. If you do well with quick moves and make decisions in seconds, scalping in M5 is for you. If not, look for something else.
It all depends on your personality. If you do well with quick moves and make decisions in seconds, scalping in M5 is for you. If not, look for something else.
Seriously, I admire you. Most people ask for miraculous strategies and you at least know what you don’t want to use. Now it’s time to learn what does.
Operate with trend lines and liquidity zones. You don't need anything else to do clean scalping in M5 if you have patience and discipline.
People are very critical of scalping, but no one tells you that many banks do that: fast entry and exit. It’s not for everyone, but if you dominate it, it’s a mine.
You know what's worse than using oscillators? Use them badly. That's why many hate indicators, because they don't know how to interpret them.
It worked for me to use supply and demand zones in M5. It is not magic, but with good risk management, it is profitable.
Have you tried scalping in news? There it does get fun, although you need fast execution and low spread.
Honestly, you're getting complicated. Find a good system with two clear rules and repeat it a thousand times. You don't need to reinvent the wheel.
Scalping without indicators = pure price action. Study market structures and Japanese candle patterns. There are no shortcuts.
I've seen more people lose money scalping than in any other strategy. It's not that it doesn't work, it's that most people don't respect it.
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