Doda Forex Scalping Strategy
This is a scalping system inspired by Daniel Malaby. this system uses a doda stochastic indicator is a stochastic indicator with less noise. This is useful in a 1-minute timeframe . This system can be used in forex, futures, CFD, commodities and stocks.
- 2 Doda Stochastic indicators: (slow 15, 30, 9; level 90-10) and (fast 8, 13, 9; level 90-70-40-5)
- Doda stochastic must be 95 or above.
- Doda Stochastic must cross upward level 40.
- Doda must reach 85 or above to know that it is a strong uptrend.
- Doda must cross upward level 40. This is to get a good risk and reward area.
- Exit at 20-30 pips or it depends on the currency pairs. Quick take profit would be 15 pips.
- Place stop loss at 25 pips.
- Doda must be 10 or less. This indicates a strong downtrend.
- Doda must cross downward level 70 then enter a position.
- The stop loss should be 25 pips.
- Target profit would be 20-30 pips or it depends on the currency pairs.
- For quick take profit, go for 15 pips.
Forex Strategies Installation Instructions
Doda Forex Scalping Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex strategy is to transform the accumulated history data and trading signals.
Doda Forex Scalping Strategy provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this strategy accordingly.
Forex Metatrader 4 Trading Platform:
- Free $30 To Start Trading Instantly
- No Deposit Required
- Automatically Credited To Your Account
- No Hidden Terms
How to install Doda Forex Scalping Strategy?
- Download Doda Forex Scalping Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Right click on your trading chart and hover on “Template”
- Move right to select Doda Forex Scalping Strategy
- You will see Doda Forex Scalping Strategy is available on your Chart
Click here below to download: