Scalping is the key: the “Slash” strategy

By Binomo

Jul 18, 2022

Level: Experienced

Reading time: 4 min

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2:26

A format of trading on the FTT market which uses short-term trades on minimal quote fluctuations requires the use of high-precision, effective strategies. Short-term quotes are difficult to effectively predict; however, they can bring good profits. Against this backdrop, we offer you the scalping strategy, “Slash,” with up to 85% effectiveness of trading signals and significant dynamic capital growth.

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The “Slash” FTT strategy – technical requirements

The indicator direction of the strategy, the speed and cyclical nature of the trading signals, as well as the rules of money management of the trading system, all put forward a specific list of technical and trading requirements for the brokerage platform in order to provide for consistently profitable trading. For correct operation of the system, we need the following:

A trading platform with a set of indicators
Quick mode registration of contracts
The minimum trading conditions for compliance with the rules of money management
A choice of assets
A short-term range of contract maturity
High-yield assets
Accurate market quotes

The most appropriate trading platform for the effective application of the “Slash” trading system is the Binomo broker’s terminal, where the following technical and trading parameters are available:

A professional set of indicators
Speed of execution of contracts of up to 1.7 ms
Trading conditions for the most effective money management – an account from 10 USD, contracts for 1 USD
More than 80 assets
A short-term contract maturity range of 60 to 300 seconds
Assets with yields of up to 90%
The best available market quotes

The “Slash” trading system – indicator settings

Generating trading signals for short-term options is done with the following list of analysis tools:

The MA indicator format Simple period of 5 (blue line)
The MA indicator format Simple period of 10 (red line)
The standard MACD indicator

The “Slash” trading system – the combination of signals

The trading system generates two types of signals for short-term trades DOWN:

Type 1

The moving averages of the MA indicator intersect downwards
The MACD lines intersect downwards

Type 2

The MACD lines cross level 0 downwards
The moving averages of the MA indicator break apart from themselves in a downward direction

How to improve your entries: 5 powerful tricks

Both formats of trading signals allow you to register contracts with the expiration time 60-180 seconds:

The trading system generates two types of signals for short-term trades UP:

Type 1

The moving averages of the MA indicator intersect upwards
The MACD lines intersect upwards

Type 2

The MACD lines cross level 0 upwards
The moving averages of the MA indicator break apart from themselves in an upward direction

Both formats of trading signals allow you to register contracts with the expiration time 60-180 seconds:

7 golden rules of trading

Everyone has their own trading style, but some principles are critical for success. Make sure you’re following these basic rules of trading.

Money management

Taking into account the trading conditions and the level of risk of the trading system signals, it is necessary to strictly follow the rules of money management. The first thing that comes to the forefront is the optimal ratio of the volume of trading positions to the sum of operating capital. The safest trading regime is the use of contracts with the initial value. After building up the funds in your trading account, the risk level can be raised to the bar of 3% of the amount of operating capital.

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Hope you find this strategy effective! However, if you want to learn more about scalping, check out the video below!

Tony is a financial analyst of the Binomo team. He is a trader with many years of experience in the market. Tony is the face of our YouTube and Instagram channels and is doing everything to help traders achieve new heights.