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.


  • 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!