Good evening and welcome to another guide on our page, today I will show you a very easy and profitable Scalping strategy in Bitcoin in 5 time frame with 60% - 70% win rate that I have been doing for a long time and we will show step by step the whole process, I emphasize that this strategy is very profitable but it needs attention, it does not guarantee that something that was done with great success in the past will be done in the future. If you do not have much experience, do the demos in paper trading.
Table of Contents
What is Scalping:
Simply put scalping is a strategy that we can quickly trade in small time frames and in our day to get several trades.
Exchange Selection:
The choice of exchange is very important because we have to choose Exchange with low fees because we will do future trading in a category Market. I choose to do scalping at the exchange Delta https://www.delta.exchange/ you can register and have a discount on fees 10% + if you keep their own currency DETO you will have more discount, We will also do live trading scalping on youtube so if you want to get exactly the same transactions with the same fees you can choose this exchange. For more information you can see here Delta Exchange Futures: A Guide on How to Do Futures Trading
The Scalping Strategy:
You must first log in to the platform https://www.tradingview.com and we will put the chart BTCUSDTPERP at DELTA or in any exchange you are and you will change them candles which will have you defaulted to Heikin-Ashi
Then we will need 3 auxiliary indicators two EMAs and one Stochastic rsi. The one EMA will be with length 150 and the other with length 50
(If you do not know how to put the indicators you can see here the full video guide on how Tradingview works https://www.youtube.com/watch?v=Ay-tKyWDshw )
How we use EMAs
The process is very simple what we look at are cross that the two indicators do, when the 50 EMA (green) is above him 150 EMAs (red color) then all the salagas we will get will be long and if the 150 EMAs is from the upper side and the 50 EMAs is from below then all the transactions we will make will be Shorts and here we will need his help Stochastic RSI to take buy or sell in the right places.
How to Use the stocastic RSI
The process for how we use the stochastic rsi is very easy, when we have cross confirmation for long with the EMAs what we look at is when it is below 20 and is out of zone as soon as the candle is tilted and we see that both lines are closed within the stochastic rsi zone, this gives us confirmation to enter with long as shown in the example.
When we have cross for short what we are looking at is the exact upside, ie the Stochastic RSI to be above 80 and when we see the lines both come in again and the candle closes then we get a deal for shorts. see example.
How to get trade and what leverage
Initially, if you are quite beginner with trading in delta, it also has a demo account where you can take the tests there. Now if you have experience the strategy I follow personally is with initial capital $100 up to $200 and all my transactions are with lever X25 and when for example I start with $ 100 and get one profit the next trade I will not get it with $ 100 I will get it with 112x25 because I will put the profit in until I reach $ 400 - $ 500 and then again from the beginning with $ 100 - $ 200
Take Profit / Stop Loss
We must always put in this strategy stop loss and takeprofit, I scout what works for me is 0.50% Take profit and 0.40% Stop losssystem. ( In this example the stop loss is at the point 28955.5 and take profit is at the point 28695.7 also appear in the numbers in orange and dark purple)
How to get Trade at the exchange
Once we have completed our registration in the exchange, all we have to do is go to the category Trade > Futures and as soon as it takes you to the page to get the future you will choose isolated 25x, now depending on the cross made in the EMA you will choose Long or Short, then the choice Market because we want to buy the post directly and at Quantity you will press 100% to enter the $ 100 or $ 200 you will have deposited. for example, the $ 127 that I have and with the leverage that we have x25 will be made $3107.12 USDT and finally the option Stop Loss and Take Profit you will put the points I showed you above.
Extra tip for strategy
- Avoid trading at the weekend
- Do not trade all day, do up to 4 - 5 trades
- Avoid Trading scalping when America has news you can see here
- Avoid trading scalping 15:30 with 16:30 because every day the stock market opens and moves are made and stop losses strike
I hope I helped you, if you have any questions you can write to me below in the comments and follow me on Twitter and Instagram.
????DISCLAIMER: Cryptocurrency trading is VERY dangerous. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money. ????
