Hi Folks.

As you know, I have a trade room I run in the mornings, where we try and make sense of the Gold market for 3 to 4 hours a day.

Last week, one of our members (Claude) sent me an indicator he thought would help us out.

He was right.  This thing is dynamite in terms of finding entries where you can set a stop loss as close a 10 pips away, and stand to make 200 or more pips on a single trade.

The indicator is called the Doda-Donchian-v2-modified and I have it available for you to try for free.  It's in a zip file on the following page, and there is a video there as well to explain how we are using it.     

http://renko-gold.com/wp/doda 

You can use Doda on Renko charts (we have it on 4 pip box charts and are doing well with it right now), candlestick charts, bar charts, whatever floats your boat.  1 Minute and 5 Minute charts seem to be the best place to use Doda.  Any longer term than that and you might go days without a signal.

Just change the first setting (the ChannelPeriod) from 24 to 110.

After that, just follow the directions found in the video.

Hope you find this useful.  I sure did.

And a huge thanks to Claude for the tip.

Jeff