Doske scalping forex strategy is very simple, but fairly effective trading strategy is suitable for trading currency pairs: usdchf, gbpusd, all couples with the yen, the recommended interval of H1.
To trade forex strategy Doske scalping should apply to the following schedule exponential moving averages:
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EMA with the parameters 3, 5, 7, 9, 11, 13 — all the color green.
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EMA (55) — the color pink.
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EMA (275) — the color yellow.
And also:
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Indicator Forex QQE (6) — you can download at the end of this strategy forex.
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Indicator Forex QQE (60).
For ease of installation, you can download the template for Metatrader4. Your schedule after installing all the indicators should look something like this:
Conclusion of the transaction to BUY:
1) All green EMA moving averages should be higher than the control of pink moving average EMA (55).
2) Indicator Forex QQE (6) — or rather its solid line to cross the level of 50.
3) Indicator Forex QQE (60) — solid line crossed the dotted line its bottom-up.
Stop-loss is placed below the pink recommend moving average EMA (55) by 3-5 points.
You need to exit a trading position, as soon as the solid line indicator forex QQE (60) crossed the dotted line its top down. But earlier output — when the EMA (3) — a thick green line crosses the EMA (5).
For transactions on SELL — Inverse conditions.
Additions to the strategy forex Doske scalping:
- If you fit a more aggressive way of trade, the moving average EMA (275) can be ignored or remove it altogether.
- If you fit a more conservative style of trading, then it should not open a trading position to buy if the price is lower than the exponential moving average EMA (275), and to sell if the price is above the exponential moving average EMA (275).
- Download forex indicator for Metatrader 4 — QQE.mq4
- Download a template for Metatrader 4 — doske scalping.tpl