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K2 limitless scalping forex strategy

There are only a few things in the world that are nicer than watching your account grow every single day. And for some reason I always wanted a scalper that would be able to trade aggressively – and survive in the market. By aggressively I mean thousands of time per year and without a stop loss.

K2 limitless scalping forex strategy

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Backtest and optimize for any currency pair. Trade multiple instruments simultaneously, day and night.

Trade automatically, without errors and emotions. Save your time and energy.

This type of trading is inherently coupled with risk, that is too much for most of the traders. In recent months I was working diligently to create my pet scalper that would meet my requirements and be able to survive this type of trading by overcompensating for losing positions.

No stop loss scalping

Ability to cover the loss by temporarily increasing its aggressiveness of scalping in the opposite market direction.

The scalper takes small profit of 3 -5 pips multiple times a day using multiple trend confirmation to its advantage. It scalps in the direction of trend. Once the trend changes and a few positions are left opened on the wrong side of the market, scalper needs to be able to overcompensate for the groqing loss (at least partially).

For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.

I have tried a couple of different models and I finally came up with simple and yet effective method that is aggressive but not too aggressive at the same time. Strategy considers the amount of position opened in the opposite direction and adjusts the lot size of newly opened position accordingly.

As always we bring you a full strategy together with its rules and expert advisor.

Forex indicators

MACD (moving average convergence divergence) histogram only

K2 limitless scalping forex strategy

K2 limitless scalping forex strategy

Trend filters

  • 5000, 10 000

  • 500,1000

  • 50,100

One of the cornerstones of no stop loss trading is an absolute necessity to avoid fighting trend. Considering the fact that we trade in 1 min timeframe ultra slow MACD is used to identify main driving force in the market.

Entry signal

MACD 12,26,9. With trade entry signal we also consider red signal line. Standard procedure (histogram parting away from signal line) is used.

Candle filter:

To achieve the best possible price candle filter is used. We enter long only on bearish candle and short only on bullish candle close.

Spread filter:

Considering that this is scalping forex strategy. Never enter the trade on spread higher than 0,5 pips. Also, pick a solid ECN broker with low commission costs. This is absolutely crucial for this strategy to work.

Overcompensation model:

When entering the position consider the amount of positions opened in the opposite market direction. Lot size calculation: Number of opened positions in opposite direction*default lot size+default lot size.

Forex strategy rules

Strategy works the best in 1 min timeframe (any major currency pair can be used with adjustments).

SELL

K2 limitless scalping forex strategy

Trend filtering MACDs are all trending below zero line. Downtrend is identified. We enter short trades only.

We check signal MACD (12,26,9). Histogram must trend above zero. We enter the trade short once histogram falls below the red trigger line and bullish candle closes.

Do not forget to consider spread and do not enter the trade on spread higher than 0,5 pips.

  • Take profit: 3 – 5 pips.

  • Stop loss: none (Expert includes adjustable stop loss that can be turned off by switching it to 0)

  • Lot size: Number of opened positions in opposite direction*default lot size+default lot size.

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K2 limitless scalping forex strategy