Quick Short or Long on a Reversion
Strategy Name: Quick Scalp
Strategy Description: Quick Scalp is a precision-focused scalping strategy engineered for short-term traders aiming to exploit brief directional shifts around Bollinger Band levels. Designed for fast execution and minimal exposure, Quick Scalp leverages intraday price mean-reversion dynamics with clearly defined entry logic and strict risk management. Operating on a 30-minute timeframe, the strategy seeks to capitalise on immediate market inefficiencies using tight profit and stop loss constraints to ensure fast, disciplined trades.
Core Setup:
Price Action Trigger:
Short Entry: Initiates a short position when the current price crosses below the Upper Bollinger Band, anticipating continued downside or a mean-reversion dip.
Long Entry: Initiates a long position when the current price crosses above the lower Bollinger Band, signaling a potential bounce or mean-reversion move upward.
Profit Target & Risk Control:
Take Profit: +0.5%
Stop Loss: -0.5%
A 1:1 reward-to-risk ratio ensures the strategy remains nimble and balanced, making it ideal for high-frequency opportunities and strict risk control.
Ideal For:
Traders looking to capture small, rapid intraday price movements
Sideways or mildly trending markets where price frequently reverts to the mean
Quick Scalp is built for traders who value speed, structure, and repetition. It thrives in environments where quick, rules-based execution outperforms discretionary decision-making — making it a solid tool in any scalper’s arsenal.
Next steps:
Try this strategy on a different asset or timeframe -
Navigate to the “Create” menu on the homepage, choose your preferred asset and timeframe, then choose “Copy” to duplicate the strategy.
From there, backtest and deploy whenever you're ready.
Reach out to the Level2 team with any questions or if you need tech support
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