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The DAX Morning Scalp
The DAX Morning Scalp, a unique day trading strategy, is designed for currency trading, specifically the German DAX index, also known as the GER40. This fully automated breakout scalping strategy uses current volatility conditions to set the stop loss size and to decide whether to trade at all.
Unconventional yet Safe Forex Strategy
Unlike other strategies that employ risky money management tactics such as martingale systems, grid systems, or hedging, the DAX Morning Scalp strategy is a safe Forex strategy. It is designed to navigate the Forex market by assessing the current volatility. If volatility is too low, the conditions are not favourable for a breakout strategy. Conversely, if volatility is too high, it signals that there might be an irrational move, prompting caution.
Automated GER40 Trading Strategy
The DAX Morning Scalp strategy has been traded manually for a year and a half, and its consistent and reliable performance has led to its automation. Now, it is available to the community at an affordable price, allowing everyone to benefit from it. Potential users are advised to download the demo and conduct some testing on their own broker to ensure it suits their trading style and needs.
Optimum Trading Conditions
The DAX Scalping strategy is designed to be used on the DAX index often categorized as GER40, GER30, DE40 or DE30, depending on the broker. It operates on the 15-minute timeframe but is flexible enough to work just as well on other timeframes. The recommended minimum deposit is $200. The ideal account type would be ECN, raw or Razor with low spreads. The strategy is formulated to work best with a leverage of 1:20 for the Normal Mode, and at least 1:50 for the Aggressive Mode.
Adjustable Trading Parameters
The DAX Morning Scalp strategy allows for customizable parameters and settings. Traders can adjust the risk percentage of the account balance per trade, stop loss deviations, take profit targets, and even the hour of the day when pending orders should be deleted. These inputs allow for a personalized trading experience that caters to the individual trader’s risk tolerance and trading goals.
FAQ
Who can use the DAX Morning Scalp Strategy?
Both seasoned and novice traders can use this Forex strategy. It is designed to be user-friendly, with adjustable trading parameters and settings.
Where can I see a demo of the DAX Morning Scalp Strategy?
Independent testing of the DAX Morning Scalp Strategy can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the testing results of this product.
What makes the DAX Morning Scalp Strategy safe?
The DAX Morning Scalp Strategy does not use risky money management tactics. Instead, it uses current market volatility conditions to determine stop loss size and whether to initiate a trade.
We invite you to share your experiences with the DAX Morning Scalp Strategy. It is through feedback and shared experiences that new users can gain insights into the functionality and efficiency of this product. Please remember, this is an independent product review and the strategy is not affiliated with the author of this article.
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