2 years ago

168

Website: https://traderslanding.net
I review the “Best Scalping Strategy Period” from The Moving Average channel to see if it lives up to expectations. This system utilizes a famous Bill Williams indicator called Williams Fractals, three moving averages, plus the RSI as signals, in addition to a fixed take profit system. After I review the system rules, test it 100 times, and give it a Trader’s Landing score, I present my thoughts on this system and give some ideas on how to make it better.

Check out this system for better results: https://youtu.be/H5CVCaLlM30

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🐦 TWITTER - Check out Twitter for current setups in the market as I see it: https://bit.ly/TLTweet

✨ A Playlist of Systems I Like: https://bit.ly/SystemsILike

🔍 Link to my Testing Performance Spreadsheet: https://traderslanding.net/results/
📘 Link to my free backtesting spreadsheet: https://traderslanding.net/2021/08/15/26/
📊 Link to all indicators tested on the channel: https://traderslanding.net/indicators/
🏠 System Web page: https://traderslanding.net/2021/09/15/3/

⚠️ Be sure to do exhaustive backtesting and forward testing before you actually start trading real funds. For your convenience below is a link to the official Trader’s Landing backtesting spreadsheet and tutorial video.
⏱️ Timestamps ⏱️
00:00 - Start
00:51 - Indicators
02:27 - Long Examples
04:14 - Short Examples
05:40 - Testing Results & Equity Curve
06:36 - Trader’s Landing Score
06:51 - Optimization

⚙️ System Specifics ⚙️
🎹 Instrument: Bitcoin vs. US Dollar (BTC/USD)
⌛ Time Frame: 5 Minute Candles (M5)
👀 TradingView Indicators
Name: Relative Strength Index (RSI)
Inputs: Default
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000502338-relative-strength-index-rsi/

Name: Triple SMA
Inputs: 21, 50, 200
By: parabolaZA
Link: https://www.tradingview.com/script/ZGi3JxFU-Triple-SMA/

Name: Williams Fractals
Inputs: Default
Style: Bullish Fractal Green / Bearish Fractal Red
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000591663-williams-fractal/
☝️ Long Entry
1. The 21 SMA is over the 50 SMA, the 50 SMA is over the 200.
2. Price closes over all SMAs.
3. RSI is over the 50 line.
4. First bullish Williams Fractal after the MA’s lineup in order.
5. Enter on the close of the 5th candle of the Fractal formation.
👇 Short Entry
1. The 21 SMA is under the 50 SMA, the 50 SMA is under the 200 SMA.
2. Price closes below all SMAs.
3. RSI is under the 50 line.
4. First bearish Williams Fractal after the MA’s lineup in order.
5. Enter on the close of the 5th candle of the Fractal formation.
🔥 Risk to Reward: Variable
🛑 Where to place stop-loss:
For Longs: Below the 3rd candle of the fractal formation.
For Shorts: Above the 3rd candle of the fractal formation.
🚀 Where to take profits: 10 pips

The Moving Average Original Video: https://www.youtube.com/watch?v=MK47z07tGNM
Metatags
#StrategyReview #TradingSystem #TheMovingAverage
Attribution
The currency.com Fractal Article:
https://currency.com/how-to-read-and-use-williams-fractal-trading-indicator
Earphones Cut Video licensed under Creative Commons:
https://www.youtube.com/watch?v=_czgRZjCLE8

Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.

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