Scalping Strategy with Exit Will Alert - TradingView -

Scalping Strategy with Exit Will Alert is designed for low timeframes. We will explain the setup, entry and exit rules, and provide examples.

Indicators and Setup:

Exit Willy Alerts Indicator:

◦ Search for "Exit Willy Alerts" in the TradingView indicator search box.

◦ Adjust the settings as follows:

▪ Exit Length: 11

▪ Keychain Mod Divider: 2

▪ During Phase: 4

▪ Jury Power: 2

▪ Volatility Look Back Length: 12

Easy Entry/Exit Trend Indicator:

◦ Search for "Easy Entry/Exit Trend" in the TradingView indicator search box.

◦ Adjust the settings as follows:

▪ Deviations: 2

▪ Fast Length: 10

▪ Slow Length: 21

▪ Signal Length: 10Trading Rules:

1. Buy Signal:

◦ The Exit Willy Alerts Indicator gives a buy signal.

◦ The Easy Entry/Exit Trend Indicator shows a bullish trend.

◦ The market forms a bullish candle.

◦ Place a buy order.

◦ Set the stop loss at the previous low of the market.

◦ Set the risk to reward ratio to 1:1.5

1. Sell Signal:

   ◦ The Exit Willy Alerts Indicator gives a sell signal.

   ◦ The Easy Entry/Exit Trend Indicator shows a bearish trend.

   ◦ The market forms a bearish candle.

   ◦ Place a sell order.

   ◦ Set the stop loss at the previous high of the market.

   ◦ Set the risk to reward ratio to 1:1.5.