Hi. I've been working on a 5 min Nadex strategy for a couple weeks.
There are not that many strategies on this forum specifically for Nadex and that's what I use.
I need input and feedback.
My main goal was to keep it simple and as uncluttered as possible.
I am using indicators that I got off BOE, so they are not mine. I'm using Renko Street indicators but not with renko bars. I don't believe they are paid indies, so I should be ok to repost them, yes? Please let me know.
Anyway, the rules:
Trading times: NY session.
Expiry: 5 Min
Wait for a green bullseye.
Make sure the STF is green.
Then wait for the trend to turn green.
Now, wait for the red pullback candlestick.
Then take a call on the next one.
Wait for a red bullseye.
Make sure the STF is red.
Then wait for the trend to turn red.
Now, wait for the green pullback candlestick.
Then take a put on the next one.
Chase a loss. Wait for another setup.
Take a trade in the last minute at your own risk.