15 pips DOJI scalping FOREX strategy

Doji candle represents a trading range on lower timeframes. With this scalping strategy, we will be looking for reaction candle. It represents the breakout on lower time frames. We will be looking for a profit of 15 pips. Strategy can be easily trades on multiple instruments at the same time. It is easy to master and intuitive. Free robot is available to test it, optimise it and trade it. 

 

Used tools and indicators:

  • At 1H to 4H chart, majors.

  • Doji candle: size 0 to 3-5 pips. 

  • Reaction candle: at least 20 pips

  • Trend filter: Exponential moving averages (200,50)

  • Take profit: 15 pips

Rules


SELL

  1. EMA slow trending above EMA fast. Downtrend. 

  2. Doji candle followed by clear bearish candle of defined size.

  3. We enter the trade on new candle open. 

  4. Trailing stop is placed at last closed candle high and adjusted with each consecutive candle close (only in the direction of profits).

  5. Take profit: 15 pips

 

BUY

Get FREE MT4 Expert Advisor trading this forex strategy

 

  1. EMA slow trending below EMA fast. Uptrend. 

  2. Doji candle followed by clear bullish candle of defined size.

  3. We enter the trade on new candle open. 

  4. Trailing stop is placed at last closed candle low and adjusted with each consecutive candle close (only in the direction of profits).

  5. Take profit: 15 pips
     

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Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

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