- I recommend selecting a DC with Metatrader 4.
So, for issuing orders, the following construction must be met:
1. Choose M15 chart of the currency pair EURUSD.
2. Similarly, draws a "box":
2 vertical lines at 12:00 GMT and 14:00 GMT.
2 horizontal lines - the highest price in this time interval and a horizontal line at the lower price in the receiving coverage period.
3. Vibiraem tool Metatrader 4 - "Fibonacci lines" and in Properties Fibo set the following levels: 0.000, 1.000, 1.272, 1.500, 1.764 and 2.000
4. Now for our "box" Fibonacci stretch 2 times - 1st from maximum to minimum of the box and the 2nd - from minimum to maximum.
As a result, after these constructions will about this picture:
Set the type of pending orders Buy Stop and Sell Stop (3 on each side formed boxes - in equal parts) on the levels of 1.272!
Take-profits respectively:
TP1 - at the level of 1.500
TP2 - at the level of 1.764
TP1 - at the level of 2.000
Stop-loss is placed at the level of 1000!
Example below:
After the first order is closed with a profit - the rest is reset to level bezubytka. After the close of the second with a profit - swap the 3rd to the level of the opening of the 2nd (ie 1.764).
When triggered Transactions on Bai - cancel Sell and vice versa: when you open Sell orders - cancel Bai!
If no deal had not been opened before the start of the construction of the following boxes (ie before 12.00 GMT), all orders are removed!
Monday, September 28, 2015
Forex Strategy «Big Dog + Fibo»
Forex Strategy «Big Dog + Fibo» - an updated version of the simple the breakdown strategy forex Big Dog - it just no indikatorv and trade need only some graphic construction and tool "Fibonacci» (Fibo), thanks to which is now being installed orders and fixing them.
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Strategy