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Doske Scalping strategy is an intraday trading system. It can be used on timeframes from M5 to M30. This is considered to be a pretty promising strategy. With strict observance of its conditions, the system is capable of giving good results.
Doske Scalping is implemented through the use of two indicators: the standard MA and the QQE New Histo indicator. MA is a standard indicator included in all MetaTrader assemblies. QQE New Histo is a custom indicator that you can download in the Indicators section of our website.
Strategy settings
So, to set up the system, it is necessary to apply both of these indicators to the chart of the traded currency pair. In this case, the MA indicator is applied nine times and QQE twice. Pay attention to the picture above. The six green lines are MA indicators that need to be done as the EMA. To do this, in the MA settings, change the MA method parameter to Exponential, after which the usual MA becomes EMA. Do this for all nine MAs.
For the six green EMAs, set the periods 3, 5, 7, 9, 11, and 13.
Set a period of 55 for the blue EMA and a period of 275 for the yellow EMA line.
Then, for the first QQE indicator, set the RSI Period parameter to 6, for the second - 60.
Conditions for opening long positions
To open a long position using the Doske Scalping strategy, you will need to wait until the following conditions are met:
1. The spectrum of green EMAs crossed the blue EMA and is completely above it, i.e., even the “heaviest” of them is located above the 55-period moving average.
2. The blue EMA line (55) is above the yellow EMA line (275).
3. Bars of the histogram of 6-period QQE and 60-period QQE are colored green.
Conditions for opening short positions
The same rules apply to sell trades:
1. All green EMAs crossed the blue EMA (55) and are below it.
2. The blue EMA line (55) is below the yellow EMA line (275).
3. Bars of the histogram for 6-period QQE and 60-period QQE are colored red.
Stoploss and TakeProfit
Like many scalping trading systems, the Doske Scalping strategy uses the opposite signal to lock in profit or loss. A trade should always be closed when a reverse signal occurs, regardless of whether the trade is in profit or loss at the moment.
Conclusion
In conclusion, it should be noted that the Doske Scalping strategy can also be used on other timeframes, but no longer than H1.
Consider also the fact that since transactions in this system are closed by the opposite signal and do not use stop-losses, select such a volume for transactions that will correspond to your deposit. In good scalping systems, the minimum used volume is always encouraged.
