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Dow Jones Scalping Strategy

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The Dow Jones Scalping Strategy (US30 Robot) is designed for trading the USA30 Index (Dow Jones Industrial Average) on the M5 (5-minute) timeframe. It utilizes a combination of trend-following and momentum-based indicators to identify high-probability scalping opportunities. Here is a brief overview of the strategy applied by this FREE US30 Robot:
  • Lot Size (Entry Amount): 1.00 lot per trade.
  • Stop Loss: 5000 pips.
  • Take Profit: 8850 pips.
  • Indicators Used & Parameters by the Dow Jones Scalping Strategy:
    1. Relative Strength Index (RSI): Helps assess overbought/oversold conditions.
      • Period: 15
      • Level: 30
    2. Average Directional Index (ADX): Detects trend strength.
      • Period: 14
      • Level: 41.0
    3. Stochastic Oscillator: Identifies momentum and possible reversal points.
      • %K Period: 20
      • %D Period: 1
      • Slowing: 15
      • Level: 20.0
    4. Average True Range (ATR): Measures volatility, possibly for setting stop loss/take profit.
      • Period: 5
      • Level: 104.0000
    5. Moving Averages Crossover: Used for trend confirmation.
      • Fast MA Period: 13
      • Slow MA Period: 36
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.Disclaimer: This Dow Jones Scalping Strategy is for educational purposes and is free to download. Get the Free US30 Robot and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.  BlackBull Markets
Assets

US30

Timeframes

M5

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