Forex Strategy The Bat (Die Fledermaus) - is a medium-Forex strategy that davolno easy to use, and the ratio of loss to profit in it are very good; trading system uses basically forex indicator, which was developed based on the ATR indicator.
Settings Forex Strategy The Bat:
1) During testing of this strategy forex trading platform MT4 used (I recommend to pay attention to the details Dealing Tsentrys trading terminal MetaTrader 4 - which worked well in the forex market).
2) Time range - 1 hour, trading pair - GBPUSD.
3) Install the forex ATR__the_bat indicator (period: 5, factor 4.0) - it can download at the end of the forex strategy.
4) Replace the selected line of the Fibonacci chart. The Fibonacci properties in the tab "Fibonacci", add or change the following levels:
- Level 0 - the description of "reversal"
- 0.382 - description "38.2 - Lot 2"
- 0.618 - description "61.8 - Lot 1"
- 1 - description of "Log - Lot 1"
- 1.618 - description "161.8 - Lot 1"
Description of Forex Strategy The Bat:
Entering the market:
We are opening a bargain as soon as the price breaks the line "ABC". If the current line BAT blue, therefore the price is above it. When the price is suitable and will pass through the blue BAT line, we conclude a bargain sale. You can also place a pending order on the BAT line, so you can not miss the point to enter the market.
After the blue line would be broken, you'll see that start to draw a red line. This will occur after the close of the next bar on the chart. At the conclusion of the transaction for the purchase, the rules are the same, but opposite.
Example of an ordinary transaction.
Consider it on the chart 2. The price was under a red "BAT" line from 22.12 until 27.12, then the price has broken through the red BAT line to the next point - 1.9589.
After the price breaks the red line, open the bargain on purchase -Size 1 lot (size of transaction is a shareware, you can select those that correspond to the size of your deposit as a percentage). After that, set on the chart Fibonacci levels. Simply select instrumentFibonachchi and stretch it from the entry point to the last or low importance.
For example, you will see how to carry out the Fibonacci lines from the minimum candlestick 26.12 at 19:00 at 1.9511.
