[00:01] give you a model of everything that simply impressed me with its use for quick scalping operations on a rectangular chart, basically using an indicator that I haven't talked about here yet, a trend moving average, and [00:16] some metrics to validate the entry that are simply fantastic. So get ready to receive a lot of knowledge. All I'm going to ask of you is bell to receive notifications, and of course, leave a like so that this [00:28] video can reach more people on YouTube and we can grow, which helps us a lot. I also invite you to follow us on Instagram, where I present my daily trading strategy, recorded trades, [00:40] trade summaries, results, student comments—in short, where you'll get to know use. Now let's go straight to my screen and I'll give you this super lesson. This is a great study model, and I 'm sure it will add a lot of value and [00:54] we're already here at the chart, let's first outline the norms, the rules for this operational model. So, it's very simple, very basic, what we'll need to identify the input using this feature here. [01:06] And I ran the tests here, folks, you 'll be impressed by the simplicity and performance of the model. The first thing we need to do here is put So, our graph here has to be a 10R graph. So, it's very [01:20] graph and put 10R. It automatically shows us here, look, 10R tickens in Rainbow. Then you can simply press enter and it will automatically set your screen to 10R. I'm [01:35] indicators we need for the chart, and then I'll show you an easy way to use it, or you can apply it directly to the chart, as I'll teach you here. Okay, with the [01:48] 10R chart set up, we're going to need an indicator here on this chart that I don't think I've even talked about yet on the channel, and we're going to talk about it starting today. The indicator is called the Balance of Power. Don't worry, it [02:01] 's a native Profit indicator, so all versions of Profit will have this indicator. There's no secret to installing it . Right-click in the middle of the chart, insert indicator. He will carry this little box with the [02:15] indicators. And here in the search bar, you're going to type "balance of power". She's about to show you the trend indicator here. This indicator measures the strength of buyers versus the strength of sellers, assessing the ability of [02:29] sellers, assessing the ability of each side to drive prices to extremes. Then he will identify the movement on the chart and, most importantly, the buying or selling pressure at that moment . And he's going to show us this in the [02:42] select it here. Go down here , insert it into a window, and click OK. He's going to put this indicator down here. If you look at this point here, you can see it has a zero line marking it, and it can work above [02:58] or below the zero line. It will depend on the force that is acting at that moment. In this case, I have buying power. Notice here, the indicator has moved above the zero line and continues to rise. If I [03:11] look at the chart, I also have this turning point here. It 's not usually right at the turn of the year that he catches it, is it? He'll grab a box or two later, since we're talking about remping here, right? So they are boxes. So from [03:23] growth, I see this movement in the graph as well. The goal of these movements. Notice when he makes those turns, he also picks up on those [03:35] very clear movements here on the chart. To further validate what we're going to talk about here, we're going to use a moving average, which is also very useful for I really like. So we're going to insert it here on our chart, [03:50] Insert Indicator," and we're going to place a moving average in the middle of the chart. Insert. I want a 20-period moving average. [04:02] Select the 20-period moving average here , click OK, and then OK again. With just going to give it a little adjustment. Right-click on the moving average, and you'll see this box to configure its properties. I'm going to [04:16] mark it here, period 20. In its type, I'm going to mark it as exponential. Regarding her appearance, I'm going to leave her in yellow. I'll leave the thickness at two and in the values ​​I'll mark it as closure, okay? Apply it and give an [04:30] OK. I have the moving average here. So, in order to get confirmation in our operation, we will only enter or trade when there is convergence between the moving average and the [04:42] balance of power indicator. Simple, basic, very easy. When the Renco box is trading above the moving average, I've crossed it upwards, meaning I'm [04:54] trading above it. The balance of power is above zero, which means that this specific box here will be an entry trigger for me. I will look for a target where I have a favorable relationship. I want a target here [05:10] where I have one and a half times the size of my risk. We're going to need this here visualize it properly, to get our graph with the actual markings, right? So, for example, Renco, I know he forms the box, but [05:25] So, it's possible that it has an eye up here facing upwards , I have no idea, but we can make it look like a candlestick chart. To do this, click on any of the boxes here, go to the [05:37] type section and select candlestick. Now we have real movement, right? Where did the price go, where did it return to? So, we're just going to do the operation. Write this little rule down. I'll only make an entry when the closing of my box [05:52] is above the maximum movement I've had here. With that, it will be interesting that we will be able to take over the continuity of operations. But since I want to make your lives as easy as possible, and mine too, and I think it's [06:06] really cool to do it this way, I created a little color-coded rule that we can use, and it will evaluate everything I explained to you, but I needed to explain it so that you could really understand the logic, the [06:19] reason for the operation. This color rule will do exactly that. What's the difference? The thing is, when she identifies the entrance, she'll leave the box the same color as apply the rule and for it to work properly [06:31] , I'm going to ask you to configure it with me. Let's right-click here in the boxes. We're going to go into the properties here and apply a different appearance. Oh, we're going to do the following. Negative [06:47] in black, positive also in black. We'll leave the negative line in red and the positive line in green. So the [06:59] boxes will theoretically be empty, with only the outline colors showing, so we can tell what is a negative and what is a positive box. And it will only receive color when we And it will only receive color when we have a buy or sell trigger. [07:13] Okay, then. Look how it turned out in our chart. From now on, when our rule is applied, the boxes that will trigger a purchase for us will be blue, and those that indicate a sale will be red. [07:25] color rule, you go to the top of your screen in you open the little menu here, you'll choose the option to create a new strategy. [07:39] And let's say I want a coloring strategy. Simple coloring. It opened up here in a simple way for us. Select the code that appeared here. Select the text that's here. Delete it. [07:55] comment on the video that I'm leaving for you. Select all the code from the word "beginning" to the word " end". Select everything, don't miss any information. Copy and paste the rule into this area here [08:09] that rule over there. Click on the floppy disk, give your rule a name. I'm going to put the name "balance rule" here, right? Because I don't accept the cedilla. So, the rule is don't accept the cedilla. So, the rule is balanced. Save [08:22] and close. And we're going to apply our rule here to the chart. From there I 'll show you how it identifies the operations at that point. very simple: just right-click on any of the boxes. We're [08:37] going to have a coloring rule inserted. Go here for more. In the search box up here , we're going to put the name we created there, see? The rule balances. Select the item, insert it into the chart, add it, and click [08:53] OK. From this point on, we have boxes with colors here, okay? We will look at the following: observations, risk management. It's up to you to set it up, it's up to you to [09:08] what capital you have to operate with. Ah, what you need to be aware of here is that this is an operational strategy that provides good entry points. The favorable risk-return ratio is already a how you're going to manage it. Ah, I'll do two [09:21] trades. Then you'll have to manage that. You need to understand that we will have entry triggers. Very good. So, with all the rules applied, let's understand exactly how it works here. Look, I said that I [09:34] So, in this case here, there was neutrality in the opening, the first red box. Next, I have a second red box. At that point, stick with my entry point here, okay? Enter here. The stop loss will [09:50] Remember, we always need two validated boxes. The indicator is below the zero line. That's why I have this input validation here. I had this input validation; we will always set the risk-return ratio at [10:03] gain tool so we can show this visually. So I'm going to mark my entry here. The stop loss goes above the first box, and the target is one and a half times that risk level. Using this tool here is simple, okay? When you click and [10:18] place it here on the screen, you can come to this part where the settings are. You click and in this little box we're going to check the following, uh, in properties, put there, look, risk line one, goal line 1.5. Then, for the start/ [10:35] stop appearance, only the stop signal should be red, and for the target appearance, set it to green. Set as default, click OK. It will stay like this every time you use it. So, in this case here, my stop loss was at the high of the first box, entry [10:48] two, I need to get in. If I only have one, there's no entry, okay? I made the entry, my target projected down one and a half times . Here, the risk is 135 points against . Here, the risk is 135 points against a target of 205 points. Oh, the entrance is [11:01] activated. So, in this case, an operation that has already hit its target here, this movement is usually quick, right? In about 1 minute and 30 seconds, he's already hitting the speed that shows the Renco 10R graph is very fast. If you want to test it later, you can test it [11:15] with 20R or 15R, but it's up to you, okay? You guys need to put it to the test and put surgery here. What am I going to do next ? Nothing. Now I need a new trigger. The new trigger will be when I see a box without color, and from there [11:29] the next box will have color, whether it's red or blue, so that I can see the entry point. OK? I have another red one here. So I'm going to set my entry and stop-loss order up there. Then it's just a matter of observing what the market has to offer. Oh, it [11:43] Then it's just a matter of observing what the market has to offer. Oh, it activated my entry, movement. One cool thing is this, look. It made a move, got close to the target, stop, goes down through zero zero. Why? You have to protect it. The trade progressed, it got [11:56] going to be stopped out, especially since it generates many entry points. So you don't need to hold onto a risky operation . It got close, you manually reset it there, tell them to reset it, I'm in the positive here, 200 points, wow, I'm not going to [12:09] let the operation go back, am I? I'm scoring zero here, pocketing 200 points. Or I could leave it here at zero to zero and let it run to see if it hits the target again. target, he didn't turn back as if I had protected him, he didn't take me out of the operation and [12:23] came to get my target. But he got my target, OK? With this third box. second one, right? I don't have access to this point here , precisely because I third box. Another thing, management. Here, it picked up 200 points [12:38] ? Why would I keep exposing myself like that? We're already here at 9:05 AM, so in just 5 minutes of trading we've already landed two deals. So you have to be careful about that, to see if it's worth [12:53] exposing yourself so much. Here he did it, he's doing a reversal. At this point, he's giving me a blue candle, a second blue candle. So I would have an entry if he misses the maximum. So the stop is below [13:06] both of them and the target is projected upwards, see? He activates it and comes here. It will most likely stop. My operation was ruined, oh. Stop loss of 110 points. It happened. I made a counter- trend trade. Two red boxes. So I [13:19] would enter at the low of that level, place the stop loss above both levels, and target the projected low. He activates my operation, comes and gets my target down here. I had a stop loss of around 100 points, but I'm now up 180. I'm more than positive [13:32] again. Perfect. Scalping operations generally work like this, folks. It involves many operations. Then you end up evaluating. In this case, for management purposes, it's a three-to- one win with a top profit in the bag. It has a counter-trend trigger. I've already done one [13:44] counter-trend, now I'll do another. I have some fat in the capital here in my results, so I can take a risk. I propose taking a risk without any problem. Oh, input activated. He walked towards my target. It's coming back soon. What do I do? [13:57] I'm protecting them, right? I already took a stop-loss order against the trend, I'm not going to take another one. So I always try to win 10 points here, uh, if it comes back, right? Oh look, he's back. Stop game. I'll put it as an arrow that it's a stop game, see? It was more than [14:10] half. He came back, caught my stop sign, I was protected. I'm out of the operation. again. I'm going back in. May I come in? I have enough capital to be [14:22] able to make a new investment. Positioned there. I'm activating the entry. It's coming back 'll show you right now that it's already broken. So, it's clear that [14:34] broken. So, it's clear that the market is currently bearish, so you have to keep making buy trades at this point, right? Now that would be in line with the trend, right? So I have an entry here in this box, a stop at the maximum of the [14:47] movement of the two boxes, right? He makes the entrance, he makes the movement. In this case, it went well, I'll lower the stop loss, I've already protected the trade, I won't lose any more. He comes and hits my target. So I have another game here. Operation of 270 points. It's always like this [15:01] . I took the stop loss at around 100, and I've been making a profit of 200, 250 points. Oh, two more here in a little pullback. I'm fat, I am. It's possible to take risks. 170 risk points. It's possible to run. I have a lot of capital fat today. Oh, [15:14] entrance, movement. I'm lowering the stop loss, protecting my trade because it's been performing well. He's coming, oh. It hit me, it got my target He's coming, oh. It hit me, it got my target here, 240 points. So it's a game, it's profit [15:27] market is really stretched, you know. Good seller, well stretched. Here I have another operation. I have the fat reserves to take that risk. I have it, no problem. Oh, another risk of 170. Let's aim for a target of 270. [15:42] target of 270. Trade activated. Movement. Three boxes. Top. Come here. Zero- to-zero protection. I'm not losing anymore. Capital protected, [15:54] let the trade run its course. He pinched and caught my target here, another 270 points. So there, the operation would be risky, requiring payment again. That's it, like I told you at the beginning, a sensational model. I hope you find it useful, that it [16:09] helps you in some way. If you can contribute even a little to your learning, to your knowledge, I will be immensely happy. All I ask of you once again is that n't already, activate the bell to receive notifications, leave a [16:24] like and your comment. I want to know your opinion. So, did you like it? Didn't like it? Did it help? Didn't it help? Tell me what you think, because I really enjoy hearing the opinion of everyone who follows my work here. Furthermore, I am [16:37] video. May God immensely bless your life. Until next time.