83# New YMS Scalper Template
Momentum Strategy filtered
High Profittable Trading System
Submit by Freddy Fx
New YMS Scalper Template is building a new template to better interpret YMS Scalper indicator. The interpretation I have given is twofold for low time frames 5-15 30 it is better to filter the signals with the Volty Chnnel Stop which also acts as a maximum stop loss level. For time frames from h1 to 240, however, I propose to filter the signals of the YMS indicator with the signal breakout, a trend reversal indicator which redraws however on high time frames it is reliable, however in a conservative way you can still use the Volty Channel Stop.
The profitability verified with this new template is high on average around 65%. -70% so you can also use aggressive money management but not the martingale.
Trading Rules
Time frame 5 minutes or longer.
Currency pairs: any.
Metatrader 4 indicators
YMS Scalper
Breakout signal default setting
Volty Channel Stop Jurick (default setting
Symbol Changer.
Trading Rules
Buy
YMS Scalper Buy Signal
Breakout Buy Arrow or Volty Channel below the candles.
Sell
YMS Scalper Sell Signal
Breakout Sell Arrow or Volty Channel above the candles.
Exit position
Profit target Ratio stop loss 0.8 to 1:1.2.
Place initial stop loss below/above the previous swing high/low or below/above the volty channel.
Conclusion
This new template for this YMS Scalper is very effective.
My advice is to use quick profits.
This is a winning strategy.
Happy trading
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luis ronald huaygua cori (Saturday, 06 April 2024)
oi obrigado