Introduction to the Dosos M1 Forex System
The Dosos M1 Forex System is a scalping forex strategy for M1 timeframe. It displays a curved RevWave price channel along with the DeMarker oscillator. The buy trade opportunity happens when the slope of that channel is upwards, the price drops below the lower yellow band and the oscillator also drops below the yellow line. The sell trade opportunity occurs when the slope of that channel is downwards, the price rises above the upper yellow band and the oscillator also rises above the yellow line.
The Dosos M1 Forex System fits M1 timeframe and all currency pairs. It is displayed directly on the main trading chart and in one window just below it. The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.
How to set up the Dosos M1 Forex System in MetaTrader (MT4)?
Download the Dosos M1 Forex System.rar archive at the bottom of this post, unpack it, then copy and paste the indicators files of the Dosos M1 Forex System into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Furthermore, to run the Dosos M1 Forex System you need to copy the template file into the templates folder. To proceed, right-click on a chart, then Template > Open Templates, and then copy the Dosos M1 Forex System.tpl file into that folder. Now select the file and click Open to load the system on your chart.
The Dosos M1 Forex System is well worth adding to your trading collection. A good forex strategy will most probably enhance your chance of success. Nonetheless, remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, this forex trading system provides false signals occasionally. Its performance will vary significantly depending on market conditions.
Download Free MT4 Dosos M1 Forex System
To download the Dosos M1 Forex System for Metatrader 4 (MT4) for free just click the button below: