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Forex Gump Dot

Forex Gump Dot is a ready-made mechanical trading system for the +10 pips strategy. This strategy has been actively discussed and developed on the Internet for several years. The essence of this strategy is to open trade operations during the day and fix the minimum profit on each trade operation. That is, scalp. Our development team decided to adapt the indicators of the Forex Gump family and release a new product that will best match the scalping trading strategy. This product is Forex Gump Dot. In fact, formally, this is an indicator and you need to run it from the indicators folder of your Metatrader4. But in fact, Forex Gump Dot is a ready-made mechanical trading system that shows you where to open and close trades. All signals are shown in a very accessible form on the chart of a currency pair. All you need to do is follow the indicator signals and open trades. Moreover, this is very easy to do. Forex Gump Dot not only draws visual signals on the chart, but also sends email and push signals. Thus, you do not need to constantly be at your computer.


How to Trade Forex Gump Dot Indicator? Everything is very simple. When the indicator draws a circle on the titmouse chart, we open a buy trade. Set the minimum take profit. Do not forget that we are scalping. It is best to set a take-profit in the amount of SPREAD + 10 points. This will be the best option. Stop Loss is set to 40-50 points and move it in the wake of the rising price. This will be Stop Loss and Trailing Stop. We do the same in the opposite direction. We only open sell deals when a red circle appears on the chart.

How to choose a lot size? I recommend trading no more than 10% of your deposit. If you have a balance of $ 100, then it is best to open deals with 0.01 lots. This way you will minimize the risks.


What standard indicators is it recommended to combine Forex Gump Dot with:
  • Money Flow Index.
  • Bollinger Bands
  • Moving Average
  • Parabolic Stop and Reverse system
  • Relative Strength Index
  • Moving Averages Convergence / Divergence
  • Accumulation / Distribution.
  • Envelopes


What are the advantages of the Forex Gump Dot indicator?
  • it is not redrawn on the chart.
  • it sends signals to email and push.
  • it is programmed for scalping.
  • it is very easy to use and customize.


How does Forex Gump DOT differ from other indicators of the Forex Gump series? Each indicator of the Forex Gump series has its own unique algorithm for calculating market indicators. It's basically like a tachometer and speedometer in a car. They show different meanings of the vehicle condition. But both are needed and important. The same is with indicators. Each of them shows some specific value of the market. In this case, the ForexGumpDot operation algorithm is created in such a way as to maximally efficiently trade using the scalping system. This indicator shows itself as efficiently as possible in intraday trading.



Indicator settings:
  • MFI_period - indicator period.
  • bars - the number of candles on which the indicator will be displayed on the chart.
  • Signal - allow sending signals to email and push.
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This is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes. As well as giving signals for entering trades without redrawing after finished drawing previous candle! I use Rangebar candles in my stategies (important) I created several strategies based on this indicator. You will also create on your trading The indicator uses each candle, analyzing them separately. Referring to different impulses - up or down impulse.
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.81 (16)
TakePropips Donchian Trend Pro  (MT4) is a powerful and effective tool that automatically detects the direction of the trend using the Donchian Channel and provides you with an entry and exit trading signals! This multi-function indicator includes a trend scanner, trading signals, statistical panel, screener, trading sessions, and alerts history dashboard. It is designed to provide you with trading signals and save you hours analyzing the charts! You can download the user manual and installation
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DotaScalping is a semi-automated trading system for scalping. The indicator shows recommended moments for opening Buy/Sell trades as dots on the chart. Signals are generated based on the algorithm for price amplitude smoothing. The indicator tries to accurately calculate the moments of the maximum peak price values ​​and produces signals based on the smoothed correlation. The indicator determines the High and Low price values and generates signals based on the trend direction. The indicator is v
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Market Scanner Elite is a new generation of indicators of the Market Scanner series. The Elite version features an improved market analysis algorithm, with a better identification of the entry points and filtering of the false signals. The logic of market analysis and calculation of effective entry points applied in this product are significantly different from those applied in Market Scanner . This indicator cannot be called a big brother, as it is a completely new product with innovative analy
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The Quantum Expert Advisor is designed for trading EURUSD H1 . The trading algorithm lies in placing pending orders at the peaks of currency fluctuations, after a preliminary analysis of the market conditions. Trading is fully automated. Lot size is calculated automatically based on the lot percentage. Parameters MaxRisk - percentage of the deposit, used for the automatic calculation of the lot. LongWave - long wave of price fluctuation. ShortWave - short wave of price fluctuation. Level contr
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Andrey Kozak
XL Arrow is a signal indicator that displays market entry points. The red arrow and the DOWN signal at the right corner indicate it is time to sell, while the blue arrow and the UP signal indicate it is time to buy. Settings PeriodSlower - indicator slowing period. PeriodFaster - indicator acceleration period. Recommendations trading pairs: EURUSD, GBPUSD and USDJPY timeframes: M5 - H4
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The BoxetFx Expert Advisor analyzes the market using multiple trading strategies. Once the optimal signals for opening trades are obtained, the EA automatically determines the order volume as a percentage pf the deposit. Next, a pending order is placed in the direction of the expected price movement. When the deal reaches an optimal profit or loss level, it is automatically closed. Multiple analytical centers of information processing allow the EA to diversify the possible risks of the trader by
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Andrey Kozak
The Medok indicator shows the market entry and exit points on the chart using arrows and resistance lines. The indicator is very easy to use. Buy when a blue arrow appears and sell when a red arrow appears. After an order is opened, it is recommended to close a buy position when the price reaches the lower resistance level or to close a sell position when the price reaches the upper resistance level. Recommended values for EURUSD H1 Periods - 2; Acceleration - 0.02. Recommended values for EU
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Andrey Kozak
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Andrey Kozak
4.5 (2)
ForexGumpXL is a new generation in the forex gump indicator line. More accurate, faster, less complicated in the settings is all about the new ForexGumpXL indicator. In the new version of the indicator, we have applied a truly new algorithm of work. Now he does not just analyze the market for a price reversal, but with the help of an adaptation algorithm, determining the current volatility in the market indicator with a high degree of probability is able to anticipate false price reversals in or
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