Could anyone give me idea about DOS - Daily Opening Strategy?

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Santiago Tucker
Answered 6 months, 4 weeks ago
<p id="isPasted">This technique can be customized to both part-time and full-time traders.</p><p>In case if you are trading part-time just like me, you could set two orders (buy and sell) after the completion of the latest daily candle and set according when the DOSR indicator changes.</p><p>But if you can access to the charts during the European and US opening session, you should switch to 5-min and look at the completion of the 5-min bar for confirmation of entry.</p><p>Both styles worked, however, by switching over to 5-min bar for confirmation, the returns are much higher.</p>