174# Connors RSI Scalping Strategy – TradingView -

Submit by Janus Trader

Connors RSI Scalping Strategy is based on two indicators one of Connors RSI strength and the Wave trend of trend momentum. The strategy is designed for 3-minute scalping with the TradingView platform.

Setup Strategy RSI Scalping Strategy
Time Frame 3 minutes.
Currency pairs: very volatile such as Bitcoin, Nasdaq 100, Oil, Gold.

Indicators TradingView

Wave Trend

Larry Williams RSI 2-Scalping Strategy (This indicator has no public code.)

Search for indicators in TradingView > Indicators > Community Scripts > write in search (Larry Williams RSI 2-Scalping Strategy).
Trading Rules

Buy
Connors Rsi buy arrow as alert.
Timing Wave trend below the main chart green dot.
Sell
Connors Rsi sell arrow as alert.
Timing Wave trend below the main chart red dot.
Money Management used, (advice: 2% fixed, D'Alembert, Oscar Grind, Kelly).
Exit Position
Profit options: fast n… pips in relation to the pair. Dot opposite, stop loss ratio 1:0.9-1.1.
Stop loss 8-15 pips in relation to the currency pair.