Featured
Dynamicsync trading system indicator 95% accurate(Enjoy Free BONUS Forex Executor Pro SUPERCHARGE YOUR MT4 PLATFORM) Dynamicsync trading system indicator 95% accurate(Enjoy Free BONUS Forex Executor Pro SUPERCHARGE YOUR MT4 PLATFORM)
$85 $27  
4 out of 5 Stars!
Master candle indicator (Enjoy Free BONUS Forex Candlestick Pattern Indicator v1.5 (Metatrader 4) plus bonus) Master candle indicator (Enjoy Free BONUS Forex Candlestick Pattern Indicator v1.5 (Metatrader 4) plus bonus)
$124 $41  
4 out of 5 Stars!
NeuroTrend Lines 4.0 forex indicator (Enjoy Free BONUS Hurst Divergence Indicator) NeuroTrend Lines 4.0 forex indicator (Enjoy Free BONUS Hurst Divergence Indicator)
$155 $27  
5 out of 5 Stars!
Wolfwave Pattern indicator with bonus 5-min-Trend-rider the system Wolfwave Pattern indicator with bonus 5-min-Trend-rider the system
$73 $27  
4 out of 5 Stars!
<available>Super Gain Indicator with bonus inside!Must See <available>Super Gain Indicator with bonus inside!Must See
$59 $15  
4 out of 5 Stars!
forex FXUltraTrend Indicator forex FXUltraTrend Indicator
$73 $11  
5 out of 5 Stars!
FXSmooth-Personal ATM Machine (Enjoy Free BONUS World Class Trading Indicator) FXSmooth-Personal ATM Machine (Enjoy Free BONUS World Class Trading Indicator)
$129 $15  
5 out of 5 Stars!
EA - NEWS FOREX EXPERT ADVISOR=TRADING SYSTEM for MT4 EA - NEWS FOREX EXPERT ADVISOR=TRADING SYSTEM for MT4
$90 $17  
5 out of 5 Stars!
NEWTEC Expert Advisor 99%Winningtrades NEWTEC Expert Advisor 99%Winningtrades
$218 $27  
4 out of 5 Stars!
Forex snipper - fx software for forex trading Forex snipper - fx software for forex trading
$85 $15  
5 out of 5 Stars!
Amazing MT4 Forex Indicator (Enjoy Free BONUS Diamond Power Trend trading system) Amazing MT4 Forex Indicator (Enjoy Free BONUS Diamond Power Trend trading system)
$126 $15  
4 out of 5 Stars!
MTPredictor 6.5 MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper EA) MTPredictor 6.5 MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper EA)
$90 $27  
4 out of 5 Stars!
SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world
$82 $15  
4 out of 5 Stars!
Forex Innovator System Forex Innovator System
$155 $24  
3 out of 5 Stars!
Bird Watching In Lion Country Forex Trading Bird Watching In Lion Country Forex Trading
$10 $7  
Complete turtle traders method (Enjoy Free BONUS Profinacci Calculator Software) Complete turtle traders method (Enjoy Free BONUS Profinacci Calculator Software)
$150 $11  
4 out of 5 Stars!
How to trade the forex like a pro in one hour (Enjoy Free BONUS Trader Dante - Swing Trading Forex and Financial Futures) How to trade the forex like a pro in one hour (Enjoy Free BONUS Trader Dante - Swing Trading Forex and Financial Futures)
$196 $41  
4 out of 5 Stars!
Turbo Pip Sniper EA and Forex Turbo Pips EA Turbo Pip Sniper EA and Forex Turbo Pips EA
$124 $41  
4 out of 5 Stars!
Accurate Scalper system mt4 forex scalping expert advisor Accurate Scalper system mt4 forex scalping expert advisor
$127 $27  
4 out of 5 Stars!
Market Maker Chart Indicator (mmindicator) Market Maker Chart Indicator (mmindicator)
$72 $11  
5 out of 5 Stars!
 
Shopping Cart
0 items
 
Bestsellers
PerfectNT Lines(Enjoy Free BONUS multidimensional indicator) PerfectNT Lines(Enjoy Free BONUS multidimensional indicator)
$85 $15  
4 out of 5 Stars!
RAILWAY SYSTEM  - NO REPAINT INDICATOR Trading Becomes Easy with special bonus EA RAILWAY SYSTEM - NO REPAINT INDICATOR Trading Becomes Easy with special bonus EA
$20 $15  
4 out of 5 Stars!
NEWTEC Expert Advisor 99%Winningtrades NEWTEC Expert Advisor 99%Winningtrades
$218 $27  
4 out of 5 Stars!
Market Scalper Pro and Trade Builder Core(BONUS Forex Trend Finder 3.0 by Jeff Wilde) Market Scalper Pro and Trade Builder Core(BONUS Forex Trend Finder 3.0 by Jeff Wilde)
$154 $41  
4 out of 5 Stars!
Web Crossover System (Enjoy Free BONUS 4-Sessions indicator) Web Crossover System (Enjoy Free BONUS 4-Sessions indicator)
$176 $21  
5 out of 5 Stars!
SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world
$82 $15  
4 out of 5 Stars!
Megatrend FlowMeter updated version-forex indicator (Enjoy Free BONUS John Templeton – Trading in the Bluff) Megatrend FlowMeter updated version-forex indicator (Enjoy Free BONUS John Templeton – Trading in the Bluff)
$90 $15  
4 out of 5 Stars!
Leading signals that do not repaint-FOREX INDICATOR Leading signals that do not repaint-FOREX INDICATOR
$163 $21  
4 out of 5 Stars!
<available>Super Gain Indicator with bonus inside!Must See <available>Super Gain Indicator with bonus inside!Must See
$59 $15  
4 out of 5 Stars!
TradeGuider MT4 VSA Plugin Tradeguider 4.1.16.0 EOD RT Manual TradeGuider MT4 VSA Plugin Tradeguider 4.1.16.0 EOD RT Manual
$124 $27  
4 out of 5 Stars!
*Elliott Wave Prophet MT4 Indicator *Elliott Wave Prophet MT4 Indicator
$85 $15  
4 out of 5 Stars!
EX4-TO-MQ4 V4 decompiler (FULL VERSION (Enjoy Free BONUS Forex  Expert Advisor Trio Dancer(UNLOCKED)) EX4-TO-MQ4 V4 decompiler (FULL VERSION (Enjoy Free BONUS Forex Expert Advisor Trio Dancer(UNLOCKED))
$345 $41  
4 out of 5 Stars!
Forex Tester - Forex Training Software (Enjoy Free BONUS Forex Trend Finder 3.0 by Jeff Wilde) Forex Tester - Forex Training Software (Enjoy Free BONUS Forex Trend Finder 3.0 by Jeff Wilde)
$150 $41  
4 out of 5 Stars!
#1 forex trading system FOREXPROS SYSTEM 97% ACCURACY! Manual system >2000 pips #1 forex trading system FOREXPROS SYSTEM 97% ACCURACY! Manual system >2000 pips
$86 $15  
4 out of 5 Stars!
Steve Mauro – Market Maker Method – 4 Day Course with Indicators (Enjoy Free BONUS Drag & Drop Volume Profile Forex Indicator) Steve Mauro – Market Maker Method – 4 Day Course with Indicators (Enjoy Free BONUS Drag & Drop Volume Profile Forex Indicator)
$181 $27  
4 out of 5 Stars!
Bill Williams Profitunity home study course bonus Travel Trading Profit Formula with Abha Oan system Bill Williams Profitunity home study course bonus Travel Trading Profit Formula with Abha Oan system
$27  
4 out of 5 Stars!
Wolfwave Pattern indicator with bonus 5-min-Trend-rider the system Wolfwave Pattern indicator with bonus 5-min-Trend-rider the system
$73 $27  
4 out of 5 Stars!
Forex Candlestick Pattern Indicator v1.5 (Metatrader 4) plus bonus Forex Candlestick Pattern Indicator v1.5 (Metatrader 4) plus bonus
$59 $15  
4 out of 5 Stars!
Brain Trading System 7.0 (95% precise signal)(Enjoy Free BONUS ART Trend Follower) Brain Trading System 7.0 (95% precise signal)(Enjoy Free BONUS ART Trend Follower)
$124 $15  
5 out of 5 Stars!
Universal Sacred Geometry Forex System (Enjoy Free BONUS D0nForex HardTrend-DashBoard (Enjoy Free BONUS CTI Trading Indicator)) Universal Sacred Geometry Forex System (Enjoy Free BONUS D0nForex HardTrend-DashBoard (Enjoy Free BONUS CTI Trading Indicator))
$150 $27  
4 out of 5 Stars!
MTPredictor 6.5 MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper EA) MTPredictor 6.5 MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper EA)
$90 $27  
4 out of 5 Stars!
Steinitz HAS MTF Hedge forex Robot v3.21 Steinitz HAS MTF Hedge forex Robot v3.21
$220 $41  
4 out of 5 Stars!
Market Maker Chart Indicator (mmindicator) Market Maker Chart Indicator (mmindicator)
$72 $11  
5 out of 5 Stars!
Prechter Elliott Wave International Educational DVD Series Volumes 1 till 10 comes (Enjoy Free BONUS INSIDE) Prechter Elliott Wave International Educational DVD Series Volumes 1 till 10 comes (Enjoy Free BONUS INSIDE)
$27  
4 out of 5 Stars!
Dynamicsync trading system indicator 95% accurate(Enjoy Free BONUS Forex Executor Pro SUPERCHARGE YOUR MT4 PLATFORM) Dynamicsync trading system indicator 95% accurate(Enjoy Free BONUS Forex Executor Pro SUPERCHARGE YOUR MT4 PLATFORM)
$85 $27  
4 out of 5 Stars!
ProFx v2.0 EA Systems-forex fx system for mt4 ProFx v2.0 EA Systems-forex fx system for mt4
$85 $15  
4 out of 5 Stars!
Nial Fuller’s Price Action Forex Trading Course(Enjoy Free BONUS Secrets of the Law of Vibration) Nial Fuller’s Price Action Forex Trading Course(Enjoy Free BONUS Secrets of the Law of Vibration)
$150 $15  
4 out of 5 Stars!
Balance Dynamics (Enjoy Free BONUS Complete Reversal Magic) Balance Dynamics (Enjoy Free BONUS Complete Reversal Magic)
$85 $41  
4 out of 5 Stars!
ShredderFX traders program(Bonus 4X Pip Snager System) ShredderFX traders program(Bonus 4X Pip Snager System)
$254 $41  
4 out of 5 Stars!
Dr Zain Agha Systems Z-WINNER and Secret Bankers Manual comes with bonus! Dr Zain Agha Systems Z-WINNER and Secret Bankers Manual comes with bonus!
$124 $27  
5 out of 5 Stars!
Color Coded Trend Manual System(Enjoy Free BONUS Ganns Tutorial) Color Coded Trend Manual System(Enjoy Free BONUS Ganns Tutorial)
$80 $15  
4 out of 5 Stars!
YTC Price Action ALL CHAPTERS (BONUS Master candlestick indicator) YTC Price Action ALL CHAPTERS (BONUS Master candlestick indicator)
$151 $21  
4 out of 5 Stars!
Price action trade for Forex (Enjoy Free BONUS Forex Trading Like Banks – Step by Step with Live Examples) Price action trade for Forex (Enjoy Free BONUS Forex Trading Like Banks – Step by Step with Live Examples)
$189 $27  
4 out of 5 Stars!
Best Binary Options Strategies or Systems(Enjoy Free BONUS FX Trend Binary Options) Best Binary Options Strategies or Systems(Enjoy Free BONUS FX Trend Binary Options)
$150 $21  
4 out of 5 Stars!
Ultimate Swing System, Swing into Profit  in Just 10 Minutes a Day Ultimate Swing System, Swing into Profit in Just 10 Minutes a Day
$46 $11  
4 out of 5 Stars!
forex training/trading Scott Shubert - Trading Mastermind forex training/trading Scott Shubert - Trading Mastermind
$88 $15  
5 out of 5 Stars!
XLT - Forex - Trading and Analysis Sessions XLT - Forex - Trading and Analysis Sessions
$129 $41  
4 out of 5 Stars!
 

Best Forex Trading Strategies For Beginners That Work!The Doji Spotter indicator

Best Forex Trading Strategies For Beginners That Work!The Doji Spotter indicator
Click to enlarge
Price: $25 $15
Availability: In Stock
Model: C017
Manufacturer: Missionforex
Average Rating: 5 out of 5 Stars!

Best Forex Trading Strategies For Beginners That Work!The Doji Spotter indicator

forex trading strategies tutorial cover

Completing units:

Doji Spotter indicator

Doji Spotter indicator

Doji candle histogram detector with alert & email notification.

This is an indicator for chart pattern detection, can detect DOJI candle and draw histogram, with alert message, works for all time frames.

Features:

  • Work for Anytime frame from M1 to MN;
  • Can Enable or Disable MetaTrader 4 notification;
  • Can Enable or Disable Email notification.

http://photohost.lelong.com.my/is.php?i=50715&img=2286missionforex.jp.jpg

 

If you’ve found yourself on this page – I am going to assume you’re very passionate about Forex trading and want to go far with it.

The sad truth is that there are a lot of potato strategies getting cooked up in bedrooms, and passed around on forums like the holy grail.

Everyone’s time is precious! There is nothing worse than wasting a lot of your time on a trading system that leads you down the wrong rabbit hole.

Don’t get me wrong – there is some golden information out there, but you need to have a bit of experience behind you to spot what’s worth investing energy into or not.

Have you been unable to find any reliable trading strategies to get you going?

Or maybe you’re looking for some simple Forex trading strategies to supplement your current regime.

In this tutorial, I am going to share 3 strategies with you which are:

  • Indicator free, only need clean price charts
  • Require no ‘extra’ tools, just your charting software
  • Have a simple & effective price action approach
  • Reveal straight-froward, uncomplicated trade signals you can spot easily

When Forex strategies have these kinds of properties, they are easy to stick with for the long run (like a well designed diet).

Let’s put things into gear, and begin…

 

The ‘Indecision Doji’ Candle Breakout Trading Strategy

This is one of the most overlooked and underestimated Forex trading strategies for beginners, and even experienced Forex traders!

There are many definitions for a Doji candle – you can probably find over 10 variants! I am going to stick with the generic definition here, which I think works best.

The ‘indecision’ Doji‘ is the one I trade – it’s a very simple to understand signal, and extremely easy to spot on the charts too.

An indecision Doji candle has a small centered body, with wicks protruding out both ends of the body.

doji candle anatomy

As the title suggests, this candlestick pattern represents indecision. The market is communicating to you that it tried to move higher, and it tried to move lower, but ultimately closed off back around the opening price.

The idea is to catch the breakout of the indecision. In general, we aim to catch bullish runs as price breaks the high, or bearish moves as the market breaks the low of the Doji.

doji forex trading strategy basics

Above: The basic way to trade these is to wait for a breakout from the ‘indecision’ the candle represents. We do this by catching price as it breaks above (buy), or below the candle range (sell).

There are also some more advanced tactics where we wait for a break of one end of the Doji, but only take action if it fakes out, reverses, and breaks the other end instead.

Doji candles print very frequently, and can be seen across a few time frames. Very easy also to spot with your eye!

doji candles all over the chart

Above: Yep, Doji candles form often, across all time frames.

One important thing to remember is that the more ‘data’ that you have packed into a candlestick pattern, the more reliable it will be.

Meaning: A Doji on the Daily time frame has magnitudes more value than a Doji on the 5 minute time frame – which is true for any price action Forex trading strategy.

In my crazy price action Forex tips article – I talk about how traders screw themselves over constantly by trading candlestick signals in isolation and give away my approach to a candlestick signal trading strategy decision.

So, the first lesson is: don’t trade every single Doji you see!

What is the difference between a good and a bad Doji signal?

We want to target them at points on the chart which have high technical value. Locations where you know the market has a ‘decision’ to make.

Looking for key locations like:

  • Proven support and resistance levels
  • Swing levels within a trend
  • Trend line structures
  • Any point on the chart your technical analysis tells you the market should ‘break or bounce’

Check out this Doji setup below…

doji candle setup on weekly support

Above: The indecision signal formed on a weekly support level – where we highly anticipate a ‘bounce’.

With that logic in mind – we only look for bullish breakouts

doji candle weekly support breakout strategy result

Above: As expected, a ‘bounce’ occurred off the major level, and price broke above the indecision high – kicking in our bullish trade order.

It’s all about using your technical analysis to find key areas where you know the price action has a ‘break or bounce’ decision to make. Wait for an Indecision Doji to form, then trade the expected outcome (usually bounces).

indecision doji trading strategy on resistance

Above: With simple technical analysis – we easily spot a clear resistance level on the chart.

An indecision Doji candlestick pattern forms, so we look for bearish follow through off resistance (trading the bounce), and use the break of the Doji low as a trade trigger.

doji candle successful breakout trade

Above: The market follows through with the indecision breakout, and explodes downwards.

We can also use them in trending conditions to catch trend continuation.

The best place to target Dojis in a trend is at swing levels (old support turned new resistance, or reverse of that).

doji in a trend strategy

Above: In a trending environment – look for indecision Dojis that form at swing levels. Target breaks in the direction of the trend.

doji trend strategy after result

Above: A nice result after trend momentum picked up via the swing point, broke the Doji high to trigger the trade, and continued to trend higher for days.

It is as simple as it is critical, that you perform good technical analysis first – then you can line up your Doji breakout idea to see if it fits.

good vs bad indecision signals

Above: A glance at what separates a good indecision breakout opportunity from a bad one.

Remember, Dojis form very regularly – it’s your job to use your basic technical analysis to filter the bad from the good.

If you don’t have good chart reading skills, and can’t pick up the basic structure or context of the market – you might run into frequent trouble trying to trade these candlestick patterns…

When you apply this Forex strategy – just remember you will see a lot of Dojis printed, but only a small selection of them will be good trading opportunities.

Checkpoint

Dojis are a very common candlestick pattern. The indecision Doji is the one I use as a breakout signal.

Some key points to remember

  • Do your technical analysis first before you consider the Doji as a trade opportunity. In most cases, simple price action analysis will rule it out as a viable trade
  • Match them up with important technical points on the chart, where you know the market has an important decision to make – then plan to trade the ‘break or bounce’ via the Doji breakout
  • Don’t be tempted to trade Dojis on low time frames – the less data in the candlestick, the less reliable the pattern.

 


 

Completing units:

Doji Spotter indicator

Doji candle histogram detector with alert & email notification.

This is an indicator for chart pattern detection, can detect DOJI candle and draw histogram, with alert message, works for all time frames.

Features:

  • Work for Anytime frame from M1 to MN;
  • Can Enable or Disable MetaTrader 4 notification;
  • Can Enable or Disable Email notification.

Doji Spotter indicator

http://photohost.lelong.com.my/is.php?i=50715&img=2286missionforex.jp.jpg


 


Serving Professional Traders Since 2008

youtube forex

 

Write Review
Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad            Good

Enter the code in the box below:

There are no additional images for this product.
map