Dolly Graphics 10 forex scalping system provides buy and sell signals for any currency pair. It's based on the previous day's pivot point (P = (H + L + C)/3) and overbought/oversold levels (S1, S2,S3, R1, R2, R3) to calculate recommended take profit levels and stop-losses.
Used Indicators: Dolly_Graphics_v10, GMACD_Signals, Digistoch
Trading Strategy:
BUY Rules:
Go long at Buy Stop-1 (buy zone) and place your take profit level (TP) and stop-loss level (SL).
SELL Rules:
Go short at Sell Stop-1 (sell zone) and place your (TP) and stop-loss level (SL).
Trading Example:
As you can see from the picture above, the system provides both buy and sell trades. Today's trades: Initiate a long position at BUY-STOP-1 (1.2859). Initiate a short position at SELL-STOP-1 (1.2855).
