My advice: operates only in sessions in London and New York. The rest of the time is Russian roulette for scalping.
My advice: operates only in sessions in London and New York. The rest of the time is Russian roulette for scalping.
Go to the simple scalping thread. There is a strategy based only on support and resistance. It does not use indicators and is quite effective.
Scalping in M5 = a lot of adrenaline and logic if you don't have a cold mind. Get ready mentally or you'll lose control.
A decent option without indicators is to use harmonic patterns in M5. It is more visual than technical, but requires prior study.
I did scalping for a whole year and ended up exhausted. I went over to H1 and slept like a baby now. Not everything is for everyone.
If you're going to scale without indicators, at least use volume. It gives you context and helps validate movements.
Stop looking for the magic formula. Start by looking at 1000 graphics in M5 and you will see that there are repeat patterns.
You don’t need many indicators to win. You just need to understand how the price moves. Less is more.
I used Fibonacci in M5 for scalping. Few people consider it, but well applied, it works like clockwork.
Don't frustrate yourself if at first you don't understand anything. Scalping is one of the most difficult styles to master, but also one of the most accurate when you understand it.