The Secret Strategy is a simple and easy-to-understand scalping trading strategy. It typically provides at least 20 points per day.
Trading Strategy Parameters
- Currency Pair: Any (recommended: EUR/USD)
- Timeframe: M15
- Indicators: HeikenAishi, Pivots, T3MA, SweetSpots, MomentumVT, SwingMan, IX-O-A-h
- Strategy Type: Scalping
- Trading Time: 9.00-21.00
Buy Entry Rules
- The SwingMan indicator breaks the zero level from bottom to top (blue arrow up);
- The candle breaks or closes above the T3MA indicator (green line on the chart);
- The Momentum indicator breaks the zero level from bottom to top or is above it.
Sell Entry Rules
- The sell entry rules in the The Secret Strategy for pip trading are the opposite of the buy rules.
- The SwingMan indicator breaks the zero level from top to bottom (red arrow down);
- The candle breaks or closes below the T3MA indicator (green line on the chart);
- The Momentum indicator breaks the zero level from top to bottom or is below it.
We would like to note that you should not open a position immediately after the entry signal appears, but only after the signal candle has closed. This confirms the trade signal. At 9:00, open a trade based on the current signal. At 21:00, we recommend closing open trades and not trading until 9:00 the next day.
Exit from the Trade
- Set StopLoss at 20 points, TakeProfit at 4 points. In case of sharp fluctuations, profit can be obtained immediately.
- Set StopLoss at 20 points, do not set TakeProfit. Close the trade after an opposite signal appears. Recommended option.
- Third option – change in color of the IX-O-A-h indicator (green and red bars in the lower window).
Recommended Money Management
Risk no more than 1-2% per trade. For the The Secret System scalping strategy, there may be several small losing trades, and it is not advisable to risk a large lot size. Since the take profit is usually twice as much, you can still achieve a good profit in the medium term.
According to experts of ForTraders.org, the The Secret System strategy is quite high quality, although there are many entries into the market, most of them are accurate and profitable. The disadvantages include that it is more suitable for traders who can spend the entire day in front of the screen, as there may be many signals for opening/closing trades and they need to be monitored.
Download the template and indicators
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FAQ
What is the Secret Strategy?
The Secret Strategy is a simple and easy-to-understand scalping trading strategy that typically provides at least 20 points per day.
What are the key parameters of the Secret Strategy?
The key parameters include using any currency pair (recommended: EUR/USD), M15 timeframe, specific indicators, and trading between 9:00 and 21:00.
How to manage risk with the Secret Strategy?
Risk should not exceed 1-2% per trade. It is recommended to avoid large lot sizes due to the potential for small losing trades, but the take profit is usually twice as much, leading to potential profitability over time.
