Implementing a scalping strategy can be challenging for traders due to its fast-paced nature and precision requirements. Scalpers face the risk of overtrading, as frequent trades can increase transaction costs. Moreover, market noise and sudden price fluctuations can lead to false signals and losses. Emotional discipline is crucial, as quick decisions may cause impulsiveness. Proper risk management and practice are vital to master scalping successfully. Thanks for an insightful video
Well said. Any experienced trader knows that successful trading takes time. There is always some level of risk, which needs to be understood and managed.
The problem for me is that some strategies are extremely difficult to grasp and even more difficult to incorporate into my trading plan. To be honest, it's exhausting, blown my account twice now.
@@chriskitzlinger I recommend you try till you find what works for you and stick to it. However, not everyone is built for the tides of the market as it comes; if you don't have a passion for trading you're probably better off hiring an pro trader to manage your investments. It's a safer way to earn while learning.
@@aidanharbach Trading has always been about supplementing my earnings for me, so i wouldn't exactly say i have a passion for it. I've considered hiring one, just never found a proper recommendation. Do you have any on your roster?
Tbh, its a joel on crypto copy still with the wrong binance fee’s & shilling bybit & portraying a winrate on a strategy that’s highly selective at best.
lag solution: double click tradingview background, vumanchu dissapears, double click again, vumanchu reappears with no lag. Do it every time lag comes back
Thanks for the strat :) I've watched this video a few times now. I saw Trade Pro's version on the 30m chart, but I think the 5m chart suits my lifestyle better. I have the paid version of MC, and have been figuring out how to build my best strat/trading system. Do you think the 50/200 EMA combination is also the best for other TFs, like 3m, 15m etc?
Do we take the trade on the candle in which the green or red dot appears or the next candle after the dot? I took a trade on the candle the green dot appeard but halfway through the green dot disappeared. Seems like VMC Cipher repaints. Can anyone clatify on this?
Does the green signal and the touching of the ema have to happen at the same candle or do allow them to be apart a little bit? if yes how many candles? on the same note, does it have to touch the 50 ema or is getting close enoug? thanks so much for the strat!
Thank you for this, really helps. Couple of things I noticed, it rarely goes to 50 ema once it's up or down trend so lose an opportunity, and there have been times where the green signal comes but the money flow is red (when longing) so lose the opportunity also. What are your thoughts? Thanks again I am currently using this with chandelier exit, and 20ema bounce back to confirm entry
Hi Thank you for your video, it has helped me alot. Well I have one question, does the green dot or red dot has to be at the peak of the blue wave, or it does not have to be? Thank you!
@@tom-eliasknosp5267 I look for 20ema to cross over/under 50ema to judge the strength of the trend. If 20ema crosses above 50 and is over 200 then I'd take the trade. (Reverse for shorts)
Same as lsma right? I use thqt startegy as well and use this vumanchu, bulltrading mtf, supertrend with just background color and buy sell on, lsma, ema(200) rsibands_lb. Also use relative volume with just the volume number on and thats in same space as vumanchu so i can see how much volume is cominh in or out. Works prettt good
I've checked out comparisons. As far as I can tell the MFI multi is the only thing really that's different. IIRC setting the MFI to 180 - 220 gives a closer approx to MC.
Did you skip the chop period though? That’s what puts most people into major drawdown. If you avoided chop in the back testing, the results aren’t accurate. Not saying you did but I would like to know. It looked like you didn’t take those trades in the chop period, which isn’t right because you wouldn’t have known it was chop until after the losses.
I like you videos, bjt brother please try to backtest specfic time periods of market hours. No one is going to take all the trades issued by the indicator. You can backtest London or Newyork session.
Hi. I've just discovered your channel. Nice video, btw. One question, please: Have you tried this strategy also on forex or indices, rather than bitcoin, and were the results also good? Or maybe is this strategy much more suited for bitcoin, at least as this market tends to move nowadays? Thank you.
@@bokerdarah3584 actually rsi and stochrsi is already added in. VmA is good but i also use it with BBAWE and pivot Fibonacci daily with little changes in setting.
first bearish eamples you give dont hit the 1.5 targets. Im sure you realised after the fact. Good explanation of a good indicator. Bit late on this comment i know
Thanks for the great video. Could you please explain something to me regarding the Fees on Bybit and Binance, respecitvely...I assume you use a Market Order to enter you trades. If you use Bybit you pay .075% for each Entry and -.025% for TP on a successful trade => total of .05% whereas on Binance this would be .04% for the entry and 0.02% for the exit -> .06% for a successful trade => Bybit has an edge of .01%. On a losing trade, on Bybit, you would pay .075% for entry and .075% for getting your SL hit (market order) => a total of .15% whereas on Binance you pay 2x0.04% = 0.08% => Binance has an edge of .07%. My question is am I missing something and how Bybit is cheaper assuming you use Market Orders for your Entry and Stop? Do you actually manage to save money using Bybit? Thanks
@@Neonshards if u dont know the diff between a broker b broker u shouldnt be here, Bybit does not have a permit so they can disappear every day, now better?
@@projekktmonarch5766 no idea what broker b broker means bud, didn't know about bybit not having a permit but I don't think it would be profitable for the to disappear with people money, they'd make more from fees each year. Still don't know what you mean about it working against you.
@@DailyInvestments VERY GOOD, WOULD THE SAME EXACT RULES FOR THE HIGER TIME FRAME CHART WITH THE PRICE SINK INTO THE E.M.A FIFTY AND THEN THE NEXT CANDLE CLOSE UP IT WITH THE BUY OR SELL SIGNAL FROM THE V.M.C BE THE SAME AS ON THE FIVE MINUTE STRATEGY LIKE IN YOUR VIDEO?.
if it is lagging just press F11 and cancel it the lag will be gone 👍
hahaa this time i googled it to make sure, because it always gets me
Implementing a scalping strategy can be challenging for traders due to its fast-paced nature and precision requirements. Scalpers face the risk of overtrading, as frequent trades can increase transaction costs. Moreover, market noise and sudden price fluctuations can lead to false signals and losses. Emotional discipline is crucial, as quick decisions may cause impulsiveness. Proper risk management and practice are vital to master scalping successfully. Thanks for an insightful video
Well said. Any experienced trader knows that successful trading takes time. There is always some level of risk, which needs to be understood and managed.
The problem for me is that some strategies are extremely difficult to grasp and even more difficult to incorporate into my trading plan.
To be honest, it's exhausting, blown my account twice now.
@@chriskitzlinger
I recommend you try till you find what works for you and stick to it.
However, not everyone is built for the tides of the market as it comes;
if you don't have a passion for trading you're probably better off hiring an pro trader to manage your investments.
It's a safer way to earn while learning.
Spot on! Couldn't have worded it any better myself.
@@aidanharbach Trading has always been about supplementing my earnings for me, so i wouldn't exactly say i have a passion for it. I've considered hiring one, just never found a proper recommendation. Do you have any on your roster?
not like other clickbait channel, you're very honest youtuber sir. Thank you & will support you more
the relief I feel when there isn't a robot voice on one of these videos...
I generally ignore those
Tbh, its a joel on crypto copy still with the wrong binance fee’s & shilling bybit & portraying a winrate on a strategy that’s highly selective at best.
i trade on Binance and the Maker\Taker fees (non-VIP) are 0.1% just like Bybit.
but i want to thank you for showing trades and strategies on Crypto.
great stuff - many thanks!!!😃👍 ...special thanks for 100x backtesting. I know, this is tedious work. 💪👍👍👍
I find with the same rules and hidden divergence very effective. Dank je wel.
This is GOLD. Cheers for the strategy kind sir.
I shall use with precision. Thanks for your explanation !
lag solution: double click tradingview background, vumanchu dissapears, double click again, vumanchu reappears with no lag. Do it every time lag comes back
You're the savior of the world
You sound the the famous Hacker ScamBaiter who hunts scammers.
Great vid bro
Thanks for the strat :) I've watched this video a few times now. I saw Trade Pro's version on the 30m chart, but I think the 5m chart suits my lifestyle better. I have the paid version of MC, and have been figuring out how to build my best strat/trading system. Do you think the 50/200 EMA combination is also the best for other TFs, like 3m, 15m etc?
Thanks for watching! Jup i also prefer the ema settings there
74% wr after 100 trade
Starting to see a lot of traders using this indicator as the secondary confirmation item with the "Moneyball" indicator (in Tradingview)
Nice copy of trade pro channel. This confirms for me it works greatly. Thank you man, appreciate your video
Do we take the trade on the candle in which the green or red dot appears or the next candle after the dot? I took a trade on the candle the green dot appeard but halfway through the green dot disappeared. Seems like VMC Cipher repaints. Can anyone clatify on this?
Always wait for the candle to close. It will always repaint in the middle of a candle. So the next candle opening you can take a trade
@@DailyInvestments thank you
Gave me confirmation on BTC so thank you so much
Great strategy. Thanks very much
Does the green signal and the touching of the ema have to happen at the same candle or do allow them to be apart a little bit? if yes how many candles? on the same note, does it have to touch the 50 ema or is getting close enoug? thanks so much for the strat!
Thank you for this, really helps. Couple of things I noticed, it rarely goes to 50 ema once it's up or down trend so lose an opportunity, and there have been times where the green signal comes but the money flow is red (when longing) so lose the opportunity also. What are your thoughts?
Thanks again
I am currently using this with chandelier exit, and 20ema bounce back to confirm entry
I don't really care if i miss opportunities as long if my entries are with a really strong signal. I still get around 3/4 entries a day with this
Hi can I get an update on your strategy please
Great explanation of this! Thank you 👍🏻
Hi Thank you for your video, it has helped me alot. Well I have one question, does the green dot or red dot has to be at the peak of the blue wave, or it does not have to be? Thank you!
What’s the gold dot for?
Any ideas about fixing the lagging? Its really bad on my laptop.
I wish my dude 😟
Nice scalping technique - ima try it out!
And how was it for you? :)
I like to include a 20 EMA as well when trading this strategy
What do you use the 20EMA for? To define a pullback?
@@tom-eliasknosp5267 I look for 20ema to cross over/under 50ema to judge the strength of the trend. If 20ema crosses above 50 and is over 200 then I'd take the trade. (Reverse for shorts)
@@Schultz2322 nice, you are actually making money with that?
What broker do you use?
I lose too much on spread to make money with scalping.
Same as lsma right? I use thqt startegy as well and use this vumanchu, bulltrading mtf, supertrend with just background color and buy sell on, lsma, ema(200) rsibands_lb. Also use relative volume with just the volume number on and thats in same space as vumanchu so i can see how much volume is cominh in or out. Works prettt good
Brother...how did you mark the buy/tp/sl in the chart by drawing. pls explain
This is so STRONGGGG!
Market Cipher money flow index is a bit different than VMC. Curious if Market Cipher beats VMC on this strategy
I've checked out comparisons. As far as I can tell the MFI multi is the only thing really that's different. IIRC setting the MFI to 180 - 220 gives a closer approx to MC.
Did you skip the chop period though? That’s what puts most people into major drawdown. If you avoided chop in the back testing, the results aren’t accurate. Not saying you did but I would like to know. It looked like you didn’t take those trades in the chop period, which isn’t right because you wouldn’t have known it was chop until after the losses.
How does it work on higher time frames? Oh and great video! 💪🏽
It works great, only less signals :)
I don't understand how you make this backtesting. I don't see something automate there..
normal candle pattern or heikin ashi? btw. great video!
I like you videos, bjt brother please try to backtest specfic time periods of market hours. No one is going to take all the trades issued by the indicator. You can backtest London or Newyork session.
Awesome video my dude👍
How many days it takes to complete 100 trades?
Around 2 months :)
Is this good for alt coins or only BTC?
How long did it take you to do the 100 trades?
I was about to ask the same thing :)
I think around 2 months! Can't look it up right now, currently moving!
@@DailyInvestments tanks a lot for the response :)
thoughts on trading this on the 30 Min vs 5m ?
Always good to trade also on higher timeframes, it's more often right but less signals
Hi. I've just discovered your channel. Nice video, btw.
One question, please: Have you tried this strategy also on forex or indices, rather than bitcoin, and were the results also good? Or maybe is this strategy much more suited for bitcoin, at least as this market tends to move nowadays?
Thank you.
Hey Bro, what alerts are u using for this strategy
I used this too but with stochastic rsi and rsi and stochastic rsi divergence and rsi divergence.
Really profitable
@@madgangster159 bro is that too much or not? which is the best combination if i just run 2 combination (VMC added)?
@@bokerdarah3584 actually rsi and stochrsi is already added in. VmA is good but i also use it with BBAWE and pivot Fibonacci daily with little changes in setting.
it lags because it is overwhelming your processing power (too many calculations at once)
does this work with any crypto and is it higher win rate on higher timeframes like the hour
Both I'll answer with yes 😊
Amazing strategy. Love it! Can this strategy be used on stocks? Thank you
Totally!
@@DailyInvestments awesome, thank you
Finally someone who explains it perfect! Congratulations! Thanks! FOLLOW 👍
Is there any 90 percent winrate strategy? Nice video by the way.
first bearish eamples you give dont hit the 1.5 targets. Im sure you realised after the fact. Good explanation of a good indicator. Bit late on this comment i know
I think 0.5% tp is safe.
Can this be used in 1min tf?
It can be, but 1min is though.. i would always suggest the 5min
Thanks for the great video. Could you please explain something to me regarding the Fees on Bybit and Binance, respecitvely...I assume you use a Market Order to enter you trades. If you use Bybit you pay .075% for each Entry and -.025% for TP on a successful trade => total of .05% whereas on Binance this would be .04% for the entry and 0.02% for the exit -> .06% for a successful trade => Bybit has an edge of .01%. On a losing trade, on Bybit, you would pay .075% for entry and .075% for getting your SL hit (market order) => a total of .15% whereas on Binance you pay 2x0.04% = 0.08% => Binance has an edge of .07%. My question is am I missing something and how Bybit is cheaper assuming you use Market Orders for your Entry and Stop? Do you actually manage to save money using Bybit? Thanks
Binance is better on lower timeframes where you have to use market orders for buy and SL. Bybit is better on higher TF for limit orders.
@@endorphingames2957 binance is better in any way ,bybit works against u and can vanish every day
@@projekktmonarch5766 Weird comment Why does bybit work against you and how can it "vanish every day"
@@Neonshards if u dont know the diff between a broker b broker u shouldnt be here, Bybit does not have a permit so they can disappear every day, now better?
@@projekktmonarch5766 no idea what broker b broker means bud, didn't know about bybit not having a permit but I don't think it would be profitable for the to disappear with people money, they'd make more from fees each year.
Still don't know what you mean about it working against you.
Browsers hog memory. I close my browser entirely and just reopen again.
Thanks for the response, pressing F11 twice is faster!
i tested but its waste of time it does not work
do u use vpn for bybit? cause its banned in us
Its allowed here, but it works with a vpn if you're from the us!
press maximise button twice
I’s it still working ??
Yess!
Binance futures fee are lower. 0,02 ore o,o4.
True, for scalping Binance is good. For higher timeframes Bybit is better.
This video only study the successful signals 🤔
Can thia be used for the 15 min timeframe as well ?
What pairs are good? Just backtest GJ and it was awful. Not even break even over a week
I only trade this strategy on btc/usdt, so good that you backtested it :)
@@UlTroNiO are you trading this strategy? And are you profitable?
@@escobario9900 Yes, for me this is the most profitable strategy
@@UlTroNiO hey after 3 weeks are you still profitable with this strategy indicator?
this is good!!!!!!!!
Hey sir, tell me did you use this strategy? If yes than how is it? Is it profitable
is this still the number one on the chart up to date?
Yes👍🏻
Are you JOEL on crypto?
No, what makes you think that haha
Wow ❤
Is it still working
does it work on crypto
Yess it does
Thanks
Interesting
VERY GOOD, WHY DO YOU RECCOMEND FIVE MINUTE AS OPPOSED TO FIFTEEN MINUTE, THIRTY MINUTE, ONE HOUR, FOUR HOUR, TWENTY FOUR HOUR, TIME FRAMES?.
That's just personal preference. Higher time frames are just slower, and less entries. I like the activity in scalping.
@@DailyInvestments VERY GOOD, WOULD THE SAME EXACT RULES FOR THE HIGER TIME FRAME CHART WITH THE PRICE SINK INTO THE E.M.A FIFTY AND THEN THE NEXT CANDLE CLOSE UP IT WITH THE BUY OR SELL SIGNAL FROM THE V.M.C BE THE SAME AS ON THE FIVE MINUTE STRATEGY LIKE IN YOUR VIDEO?.
Yes same would apply. Bro why you type all caps 😭😂
video is all scrambled
This will never work
And why is that 🤔
did you even try it or you just random shit
is this still the number one on the chart up to date?
Still going strong