Mini Index - Scalp Setup for Trends

[00:01] talk about an operational model for capturing trend movements. You know when the market is trending, you look at the chart moving and you can't find any entry points, any trades?

[00:16] do when you have the right tools configured in the right way. So I'm going to explain to you, using two very basic tools, how you can capture these movements and take full advantage of them. It's a relatively

[00:30] simple model, but with excellent performance. First of all, I invite you to subscribe to the channel if you have n't already, turn on notifications to receive alerts, and leave a like if you really enjoyed it. I

[00:44] Instagram, where we post daily information about our operations, recorded transactions, results, and lots of cool tips. If operations, the link to our website is in the video description. Go

[00:59] works. You'll find it's a really cool model, very objective, and with an exceptional accuracy rate. Let's go to my screen because now I'm going to to my screen because now I'm going to give you a special lesson. So, we're already

[01:13] First, I'll give you the information we need to make this model applicable. So, first of all, our chart has to be in a 1-minute timeframe. And it's important that the candles are working

[01:27] my chart with the candles like this? Right-click on one of the candles, go to the input properties. And here, visually, we're simply going to leave

[01:40] negative candles in white, positive candles in white, or automatic candles here, right, in white. And we'll go to the negative line and leave it in red, and the positive line in green. Applying these four options here, it gives

[01:56] an OK. Your chart will look like this with the candles. Even though they are white, the candles will have an outline indicating whether they are positive or negative candles. Furthermore, because this model always

[02:11] exploits trend movements to determine when we can trade, we will only trade when the market is trending; two moving averages to guide us here, which we'll be applying to the

[02:23] chart. Then, right-click on the chart and select "Insert Indicator". We're going to use the moving average here, insert it into the chart, set an eight-period moving average, click OK, and then click insert again to

[02:37] insert the second average. We need an average of 120 periods. Give it an OK. And now we have two averages here on the graph. Let's work first with this short average of eight periods. Let's click on it and make a few

[02:49] small adjustments. I need her type to be considered. And in terms of appearance, we're going to increase its thickness to three and keep it its thickness to three and keep it green. Apply it. Okay, then. The

[03:03] second moving average, the one at the top, the thinner one, is longer, with a span of 120 periods. We're going to click on it and apply the following settings. The type will also be taken into consideration. Regarding the appearance, we're going to make it

[03:17] three times thick, we're going to make it blue, and you can make it dashed it, give an OK. We already have the two averages needed in our chart

[03:29] so that we can perform operations. Here I will explain the rationale, how we will identify the input, but to help coloring rule. This rule will basically color the trigger candles

[03:43] red when it's a sell signal, and green when it's a buy signal, but it will follow now, so that you understand what it 's doing and why this rule is using color. Basically, we're going to trade the trend, which

[03:56] would be almost like a pullback, a correction to the average. I need the averages to be aligned in one direction. For example, I have here the average of For example, I have here the average of 120 pointing downwards and it's not

[04:08] horizontal, it's slanted, and we have a shorter average, much more slanted, right? Yeah, telling me that there really is a downward trend here. And I understand that there's a downward trend when I see the candles making that kind of thing, with lower

[04:21] when I see the candles making that kind of thing, with lower highs and lower lows. And when I see positions like that, I'll see an opportunity to enter the market. And when will I be able to get in? Explaining it here for you all. When I have this movement,

[04:33] a correction to the average, this correction, this candle that will correct, it will necessarily hit the average, it may get close to the average. The important thing is that it makes a correction down to the region of the averages and the next

[04:45] candle follows the following rule. The candle that corrected will have a higher high. The trigger candlestick pattern must have a lower high. He 'll tell me, and there really was a correction, but there will be continuity.

[04:59] Normally, this candle here will be a correction candle, a buying candle that will be rejected, and the next candle will be a red selling candle that will trigger the signal for me, okay? So, basically, that's what the rule will do.

[05:12] average is skewed. So, it will always assess whether the average point that refers to the previous point is higher than the current one. In other words, the current value must understand that the average is actually sloping, favoring a

[05:29] clear to you all, because now this is going to be presented as a color- coded rule. Everything I've said here will be within the rules we're going to apply. And we'll make that rule available in the first comment of the

[05:42] follow me on the channel are familiar with it. The rule will be in the first comment; just copy it all and paste it into your profit, as I'll explain to you now. For that, in your profit section, here at the top where

[05:55] a menu called " strategies." So, click here on strategies, this tab will open. You will choose the strategy editor option . With this screen that has opened, we're going to click right here on "new

[06:10] strategy". Come here to the coloring section, it's the last item, and it's simple coloring. Select the strategy, click on these icons here to clear up the

[06:28] simply select this code, delete it, go to the comment (I video), copy all the code from there, bring it here, and paste it. It's a Ctrl+V, rules I told you about, right? The minimum value is greater than the maximum value;

[06:43] everything I explained is here in code form, okay? To make it easier for you. You only have this one to paste, okay? Here, nice and neat, without any mistakes. Click on the diskette to save. Give your rule a name. I put in the

[06:57] , right? You can name it whatever you want. It's important to remember the name, right? want. It's important to remember the name, right? Scalp rule t. Save. Close that little screen and we'll go to the graph. Now, here on the chart, we're going to apply

[07:10] our coloring rule. How do I do that? Right-click on any of the candles. Insert coloring rule. Go for it. In the search bar, you type the code, the name of the rule you created. Select it, come

[07:25] here to the chart, insert it, and tell it that you want it inserted into the asset. notice that here in the chart we have several candles in white and candles in red. That's because we're in a downtrend. I can identify

[07:41] this when I look up there and see that the longer-term moving average is up there in blue, and the green one is here pointing downwards in a directional pattern, making lower highs and lower lows . From there, what are the operational triggers? I'll

[07:54] just need to observe what color the candle is and which candle is the trigger candle 18 in red. Notice that basic criteria that I laid out for you. I'm going to trade the breakout of candle

[08:08] 18. So, its breakout will be my entry point. From there, my stop-loss point will be the high of the previous candle, right? The one who participated in my rule, right? So he will always be the previous one. And the

[08:22] here, on the next candle. And the next candle has to break through. If it does n't break, there's no operation; we just take everything apart. And when the trade happens, I'll place my entry point exactly at the

[08:36] breakout, my stop-loss at the high of the previous candle, and my target will be one and a half times my risk. So there's a risk here of 140 points, and I'm aiming for approximately 210 points in my trade. I'm

[08:51] using the risk-reward tool here with a risk-to-risk ratio of one to 1.5, okay? I picked this early in the day so we could evaluate a series of possible entry points, right? And how are we going to manage this? Okay, let's go. In the sequence here, I see

[09:06] that there's a trigger on candle 12. What do I have to do? Position my purchase on the breakout of that price. The stop loss is set at the previous candle, right? My stop loss would be at its lowest point. Then I just see the movement,

[09:19] movement, he goes and hits it. So the target is a risk of 160 points, a target of 250 points, okay? Excellent. It's a model that has a stop function, okay everyone? Therefore, its great advantage is this two-to-one risk-reward ratio

[09:35] , because it's a model that only has a stop-loss order when you encounter a greater. We should at least avoid it, right? You see the averages are very aligned, parallel horizontally, even if it shows a trigger, avoid it, right? Try to

[09:49] only buy when you see a trend, when the averages are aligned diagonally upwards or downwards. That's when it becomes more interesting to operate. I've already said, right? Oh, a purchase trigger has been set up here. The point is,

[10:03] notice, it came down, the trigger wasn't activated, so the order is removed, nothing needs to be done, wait for the next signal. inactivity, it triggered a move here on candle 79. So I would have an entry point

[10:18] here if the breakout occurs. So we set the stop loss at the low and the we set the stop loss at the low and the target up there, and we make the move and hit the target, resulting in another trade with a positive entry. In

[10:32] movement and the averages crossing, right? From the moment the long-term moving average, I'll only be identifying sell signals, right? So, the trend has changed and I'm going to see if there's a red one so we

[10:46] can have a trigger. And then, right after that , a trigger came along. So, I'm going to place my order at the lowest price. The stop would be just above. I'm going to move the screen up here so we can see it, look. The target down here

[11:01] activates the entrance and makes the movement. Then, as I said, the movement came close to the target. If I have more than one contract, I'll place my partial profit, bring my stop loss here for protection, to break even,

[11:13] and let it run. I can't let him come here, go back, and stop me out on a trade that I've practically already won. So here he is, he came. In this case, he hit my target here. So, another operation. If it hadn't crashed, I

[11:25] would have been protected up there too, look. To show you, we had a large sequence of unactivated triggers here , okay? So, I have a trigger that didn't activate here, here at this point, this one didn't activate either, this one didn't

[11:39] activate either, so several triggers didn't activate. Well, it happens, it didn't activate, you'll proceed to remove the order and wait for an opportunity to enter it. Here at this point, there's another sequence of unactivated triggers, and

[11:54] finally a trigger here that activates the input. That's right. I'll restore catches, then the trade is activated. So, like I said, it moved a little,

[12:07] protect the operation up there, take a partial profit, conduct your trade in the best way possible, and it comes in and hits the target here. Alright, that's it. I hope that's been made perfectly clear to you. It's a basically simple model, but with excellent

[12:20] performance. You just need to know how to manage it. Remember that this is a study model; . Leave a comment below with any tips, what you would do differently, anything you would add ? Do your tests, then come back and

[12:34] tell us if you performed well or not. We're here to share knowledge, exchange ideas, and help each other grow even more. Furthermore, I am immensely grateful for you staying with me for yet another

[12:46] video. I recommend that you check out these two other complete lessons right next to me. Watch it. Make the most of it . I believe it will help . I believe it will help a lot. May God be with you.