OPEN-SOURCE SCRIPT
ETH 5M
In Forex trading on the 1M chart, the key is to “snip” – enter quickly, take a small profit (1%) and exit. Here is an updated description that combines your financial management with field tactics:
“The 1% Sniper” Strategy: Fast Forex Trading (1M Chart)
This is a strategy for disciplined traders looking for short, sharp moves in the market. The goal is to achieve a daily/weekly target of a single 1%, which will accumulate to the $1,000 pullback target.
1. Technical Setup
Timeframe: 1 Minute Chart (
1M
).
Recommended Assets: Major Forex Pairs with Low Spreads (like
EUR/USD
or
GBP/USD
).
Supporting Indicators:
EMA 20/50
for short-term trend identification, and Supply\ &\ Demand zones.
2. Execution
Entry: Identify strong momentum on the 1-minute chart. Enter only when there is a built-in confirmation (e.g. a "hammer" candle on a support level or a breakout of a market structure).
Risk Management:
Risk Per Trade
is fixed. Since the target is 1% per portfolio, we are looking for a risk-reward ratio (
R:R
) of at least
1:2
.
The Goal: Once the portfolio has made a 1% profit that day – close the screen. This discipline is what will get you to $1,000 faster without "returning" money to the market.
3. Map The Financial Roadmap
In this strategy, we are not looking for a single "hit", but consistency:
Base capital: $2,250.
Daily target: 1% (
≈22.5
).
The road to withdrawal: After about 45 successful trading days (or less, if you increase the lot carefully), you reach the $1,000 withdrawal target.
Why does it work for you?
Short screen time: A 1-minute chart allows you to find opportunities quickly, take your percentage and go about your business.
Clear goal: Instead of dreaming of millions, you are focused on the next 1%. This makes the path to the next portfolio much more tangible.
Protection of the capital: Working on a few percentages protects your $2,250 from too sharp fluctuations.
Important to remember: On a 1-minute chart, the "noise" in the market is high. Make sure you work with a broker who has low commissions to That they won't eat up your 1% profit.
“The 1% Sniper” Strategy: Fast Forex Trading (1M Chart)
This is a strategy for disciplined traders looking for short, sharp moves in the market. The goal is to achieve a daily/weekly target of a single 1%, which will accumulate to the $1,000 pullback target.
1. Technical Setup
Timeframe: 1 Minute Chart (
1M
).
Recommended Assets: Major Forex Pairs with Low Spreads (like
EUR/USD
or
GBP/USD
).
Supporting Indicators:
EMA 20/50
for short-term trend identification, and Supply\ &\ Demand zones.
2. Execution
Entry: Identify strong momentum on the 1-minute chart. Enter only when there is a built-in confirmation (e.g. a "hammer" candle on a support level or a breakout of a market structure).
Risk Management:
Risk Per Trade
is fixed. Since the target is 1% per portfolio, we are looking for a risk-reward ratio (
R:R
) of at least
1:2
.
The Goal: Once the portfolio has made a 1% profit that day – close the screen. This discipline is what will get you to $1,000 faster without "returning" money to the market.
3. Map The Financial Roadmap
In this strategy, we are not looking for a single "hit", but consistency:
Base capital: $2,250.
Daily target: 1% (
≈22.5
).
The road to withdrawal: After about 45 successful trading days (or less, if you increase the lot carefully), you reach the $1,000 withdrawal target.
Why does it work for you?
Short screen time: A 1-minute chart allows you to find opportunities quickly, take your percentage and go about your business.
Clear goal: Instead of dreaming of millions, you are focused on the next 1%. This makes the path to the next portfolio much more tangible.
Protection of the capital: Working on a few percentages protects your $2,250 from too sharp fluctuations.
Important to remember: On a 1-minute chart, the "noise" in the market is high. Make sure you work with a broker who has low commissions to That they won't eat up your 1% profit.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.