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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Volatility Master for MetaTrader is a real-time dashboard tool that scans up to 56 symbols using up to 2 flexible dashboards on different charts to identify high-volatility, trending markets instantly. With clear bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. Setup & Guide: 
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THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HERE
Keltner Channel Indicator Keltner Channel is an oscillator like Bollinger Bands. Keltner Channel is a very good tool to time entries for your strategy. Keltner Channel displays a channel where price is supposed to stay unless we are in overbought or oversold situations. Various strategies use Keltner Channel indicator successfully to spot overbought / oversold situations and look for reversals. Keltner Channel indicator uses ATR to determine overbought and oversold situations. Inputs of the indi
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FX Power: Analise a Força das Moedas para Decisões de Negociação Mais Inteligentes Visão Geral FX Power é a sua ferramenta essencial para compreender a força real das principais moedas e do ouro em quaisquer condições de mercado. Identificando moedas fortes para comprar e fracas para vender, FX Power simplifica as decisões de negociação e revela oportunidades de alta probabilidade. Quer você prefira seguir tendências ou antecipar reversões usando valores extremos de Delta, esta ferramenta adap
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4.33 (6)
Huge 70% Halloween Sale for 24 hours only!  Manual guide:   Click here This indicator is unstoppable when combined with our other indicator called Katana . After purchase, send us a message and you could get  it  for  FREE as a BONUS!  The Elliot Wave Impulse is a pattern  identified in the Elliott Wave Theory, a form of technical analysis used to analyze financial market cycles.  The Impulse Wave is considered the strongest and most powerful part of the Elliott Wave cycle, as it represents t
BEHOLD!!! One of the best Breakout Indicator of all time is here. Multi Breakout Pattern looks at the preceding candles and timeframes to help you recognize the breakouts in real time. The In-built function of supply and demand can help you evaluate your take profits and Stop losses SEE THE SCREENSHOTS TO WITNESS SOME OF THE BEST BREAKOUTS INPUTS MaxBarsback:   The max bars to look back Slow length 1:   Period lookback  Slow length 2:  Period lookback Slow length 3:   Period lookback Slow
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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 contro
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