5 Minute Trading Strategy - Alpha Content

My strategy:

5 min Chart-Stochastic RSI-Crypto Asset Trade Breakdown:

Long setup:
Double bottom on SRSI:
a. First bottom should make K=0 and D<=20.
b. Second bottom should make K=0 and D<1.
c. Long when the above two criteria's are met in 5 min chart.
d. TP should be 0.5% and SL at 0.25% below entry, Making it a 1:2 RR Trade.

Short setup:
Double Top on SRSI:
a. First Top should make K=100 and D>=80.
b. Second top should make K=100 and D>99.
c. Short when the above two criteria's are met in 5 min chart.
d. TP should be 0.5% and SL at 0.25% above entry, Making it a 1:2 RR Trade.

In below screenshots ( Could only add 3) , i honestly grabbed the ETHUSDT.P chart and showed the setup in flow from right to left, taking 10 consecutive trades.

6 Tp hits
2 breakevens
2 losses

Making it a very good strategy for continuous profits and can also make it more advanced with supply/liquidity concepts.

Would really appreciate if you donate and support my cause if this strategy helps you.
Thanks 🙏🏻👍🏻

#trading #StrategicTrading #ScalpingTrading #Write2Earn