Learn a scalping strategy to make over $250 per day trading forex, crypto or stock market with little capital by taking 1 to 2 trades per day. Use adjusted Gaussian Moving Average with ATR bands and high-volume candles indicators for accurate entries. Ensure GMA is switching from red to green with price trading above the line while identifying important candles before entering buy positions. For sell positions, look for GMA switching from green to red with price trading below the line while ensuring important candles indicate a push downwards. Stay away from entering positions during ranging markets.

How to Make Over $250 per Day Trading or Scalping the Forex, Crypto, or Stock Market

Introduction:

Do you want to make money trading or scalping Forex, crypto or stock market? If so, keep reading. We’ll show you how to make over $250 per day with a simple yet effective strategy. Before we dive into the details, let’s note that we assume that you have some basic knowledge of trading and the workings of the market.

Calculating Profits:

The first thing you need to do is figure out how many trades you need to make per day to achieve your target of $250. We recommend taking 1-2 trades per day on the 15-minute timeframe. Using 10-15x leverage, you will need to make 1-2% profit per day if you start with $1000.

Selecting an Indicator:

To make a profit, we will be using the adjusted Gaussian Moving Average (GMA). The GMA is an indicator that is based on the Ehlers Gaussian filter and is used for smoothing. It has lower lag, and it rejects high frequencies that indicate fast movements in the market better than an EMA. To confirm our signals, we will combine the GMA with other indicators.

Adding Indicators:

To make use of the GMA, we’ll need to add two other indicators, namely the ATR bands and high-volume candles indicators. The ATR bands indicator is an overlay indicator that shows where the price typically trades based on the Average True Range. The high-volume candles indicator shows candles that trade with higher volumes than others. This can help you identify when there is momentum in the market.

Settings:

To use these indicators to your advantage, you’ll need to adjust their settings. For example, you can change the color of low-volume candles in the high-volume candles indicator to make them more visible. You can also select the ATR bands indicator made by AlexanderTeaH and change the colors of the lines to make them more clear. Additionally, you should set the lower and upper ATR band multipliers to 3.
Finally, the GMA needs some tweaking. In the input tab, we recommend changing the period to 75. Also, deselect bar colors and long and short signals under the style tab.

Entering a Position:

When it comes to entering a position, we follow a few simple steps. For a buy position, you must first see the GMA change from red to green, the price must be trading above the GMA line, and the candle that broke through the GMA line must be an “important” candle – one that has volume behind it. Enter a position, set the stop loss at the lower ATR band, and target a 2x risk-to-reward ratio.

Exit During a Ranging Market:

As you can see, our strategy will not be profitable during a ranging market. It is important to watch for indicators that we are trading in such conditions. Do not enter into a position if prices are moving sideways as the resulting trade may take far too long to yield profits.

Enter for a Sell Position:

To enter a sell position, you must first see the GMA change from green to red, the price must be trading below the GMA line, and the candle that broke through the GMA line must have an important bearish volume. Enter a position, set the stop loss at the upper ATR band, and target a 2x risk-to-reward ratio.

Conclusion:

We hope this guide gives you a useful strategy for entering profitable positions in the market. By taking a few trades per day and using our strategy, you should be able to make a profit of over $250 per day. Just remember to keep an eye on the conditions described in this guide. Good luck and happy trading!