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Demarker and alligator FOREX strategy

Profitable and effective forex strategy using standard approach to position entry and management. Together with less common, but great working forex indicators: alligator and DeMarker oscillator. Both indicators are used in tandem, fulfilling their respective roles in identifying entry opportunity and filtering out any position going against current market direction.

Demarker and alligator FOREX strategy

Furthermore, candle signal, together with trailing stop are used to make this strategy work for wide variety of currency pairs and in various timeframes.

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Used forex indicators

  • Alligator forex indicator (130,80,50) For signal to be confirmed, all three alligator lines must be aligned according to downtrend for sell position, and according for uptrend for buy position. Alligator as trend filter works very well for this setup.

  • DeMarker forex indicator (21). One of the best forex oscillators is less used due to popularity of RSI and CCI oscillators. Demarker as some other oscillators works very well in tandem with alligator. DeM rising above 0,7 line – sell signal on first bearish candle close. DeM falling below 0,3 buy signal on first bullish candle.

Forex strategy rules

SELL:

All three alligator lines aligned according do downtrend, from slowest to fastest at the bottom. Lines are untangled and clearly separated. This indicator will define downtrend in this forex strategy.

Demarker and alligator FOREX strategy

Signal: DeM rising above 0,7 line. We do not enter the trade immediately, instead we wait for clear bearish candle, ideally closing below previous candle low. DeM falling back below 0,7 line.

Stop loss is placed above the signal candle high. Take profit is defined by price as we place stop loss above each following closed candle high +50 pips (advanced trailing stop).

BUY:

All three alligator lines aligned according do uptrend, from slowest to fastest at the top. Lines are untangled and clearly separated. This indicator will define uptrend in this forex strategy.

Demarker and alligator FOREX strategy

Signal: DeM falling below 0,3 line. We do not enter the trade immediately, instead we wait for clear bullish candle, ideally closing above previous candle high. DeM rising back above 0,3 line.

Stop loss is placed below the signal candle low. Take profit is defined by price as we place stop loss below each following closed candle low -50 pips (advanced trailing stop).

Notes: Strategy was only briefly tested and rules provided are working. We provide free expert advisor for you to be able to find even more profitable settings for this forex strategy.

We recommend you to use this forex strategy with one of our trusted forex brokers (STP/ECN with MT4 bridge).

To win you must trade with broker on your side.

Dislaimer: Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer.

TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

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