I like to use the RSI as a filter for the inputs.Have you tried to combine it with other oscillators, such as stochastic, to improve signals?
I like to use the RSI as a filter for the inputs.Have you tried to combine it with other oscillators, such as stochastic, to improve signals?
The stochastic is a good option, but it may give you too many signs.If you add it, adjust the parameters well so that it does not saturate you with constant inputs and exits.
How important is the speed of execution in a scalping strategy like this?Do you recommend operating only with low latency brokers?
The speed of execution is everything in Scalping.If your broker has delays, forget it, you are lost.Be sure to have the least possible latency and a stable connection, or the Slippage will eat you alive.
I have not tried stochastic in this strategy, but it could be a good idea to add more filters and reduce false signals.On the execution, it is crucial to have a good speed with a low latency broker, especially if you make scalping in time frames as short as 1 minute.
Exactly.Make sure you choose a broker with adjusted spats and without delays in execution.Even a small time difference can make you lose a perfect entry in 1 minute graphics.
I will make backtesting of this strategy with historical data.I will tell you how it is going and if I find ways to optimize it for certain market conditions.
Backtesting is an excellent idea.Just be sure to do it with high frequency data, since the graphics of 1 minute have a lot of noise and you need to see how the strategy reacts in different volatility scenarios.
Thanks for sharing this strategy.I am looking for something more dynamic to complement my long -term trading.I will put it into practice next week!
Great that you are looking for something dynamic, but be careful not to mix too many strategies at the same time.Keep your approach clear and don't let one strategy interfere with the other.
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