The Super Scalper strategy utilizes a three-indicator setup involving a 34-period EMA, 8-period SMA, and a Slow Stochastic to identify rapid, short-term trading opportunities on 1-minute and 5-minute charts. This approach, often found in PDF guides, includes defined entry rules designed to capitalize on momentum and trend-following signals. Detailed information regarding the strategy is available on Scribd. Super Scalper Strategy Overview | PDF - Scribd
- Price touches PDH but fails to break
- RSI shows bearish divergence
- A bearish engulfing or doji forms on the tick chart
- Enter short with stop 2 ticks above PDH
These are your scalp zones. Only take trades within 5 ticks of these levels.
3.4. Evaluation Metrics
- Annualised Return (AR) – Net P&L annualised assuming 252 trading days.
- Sharpe Ratio (SR) – Using a 0‑lag daily volatility estimate.
- Maximum Drawdown (MDD) – Largest peak‑to‑trough loss.
- Execution Cost (EC) – Sum of slippage and commissions (0.1 bps per side).
- Hit‑Rate (HR) – Percentage of trades that close profitably.
Exit Strategy: Profit targets can be fixed (e.g., 10-15 pips) or based on Fibonacci retracement levels, such as the 127.2% and 161.8% extensions. Where to Find Resources