Forex Strategy «Big Dog + Fibo»

Forex Strategy «Big Dog + Fibo» — an updated version of a simple breakdown strategy forex Big Dog — it just has no indikators and trade only need a few graphical representations and an instrument of «Fibonacci» (Fibo), which is now due to be installed orders and fixing them.

  • It is recommended to choose a broker to trade Metatrader 4.

So, to be placed orders, you must perform the following construction:

1. Choose M15 chart currency pair EURUSD.
2. Similarly, draws a box:

  • 2 vertical lines on at 12:00 GMT and 14:00 in GMT.
  • 2 horizontal lines — on the highest price in this time interval and a horizontal line at the lowest price in receiving coverage time frame.

3. Change the max clip tool Metatrader 4 — «Fibonacci Line» and in Properties Fibo set the following levels: 0.000, 1.000, 1.272, 1.500, 1.764 and 2.000

4. Now on our «box» Stretch 2 times Fibonacci — 1 st from maximum to minimum of the box and the 2-nd — from minimum to maximum.

In the end, having done all the constructions will turn around this picture:

Forex Strategy "Big Dog + Fibo"
Set the type of pending orders Buy Stop and Sell Stop (to 3 on each side formed boxes — in equal parts) on the levels of 1.272!

Take-profit respectively:

  • TP1 — on the level of 1.500
  • TP2 — the level of 1.764
  • TP1 — on the level of 2.000

Stop-loss places a level of 1.000!

The example in picture:

Forex trading Strategy "Big Dog + Fibo"
After the first order closed with profit — the rest reinstall in the «zero» level. After the closure of the second with a profit — swap the 3rd to the level of the opening of the 2 nd (ie 1.764).

When firing deals Buy- cancels Sell and vice versa: when you open warrants Sell — cancels Buy!

If no deal had not been opened prior to the construction of the next frame (before 12.00 GMT), then all the warrants are removed!

By this strategy forex, you can bay

Expert Advisor for Metatrader 4 — Big Dog + Fibo - $ …

Report on Expert Advisor Forex Big Dog + Fibo:

Download: Proceedings adviser Big Dog + Fibo from January to December 2009 — for EURUSD

  • Currency pair EURUSD:

Expert Advisor - Big Dog + Fibo

  • Share/Bookmark

If you liked this Forex strategy - You can subscribe to receive new materials on the site by RSS or by e-mail:

Comments (10) on "Forex Strategy «Big Dog + Fibo»"

  1. Anil:

    Am interested in EA .

  2. Ron:

    Is there any live account report ?

  3. Henry Blake:

    I am thrilled with your indicator and trading stragety. How do you customize fibonacci tool in Metatrader 4 to your levels? Thanks.

  4. admin:

    Henry Blake, stretching tool «Fibonacci» in the chart, right-click on built levels and choose «Properties Fibo …» — a window appears with the settings Fibo, select the tab «Fibonacci levels and identifying those that are needed, and all others are deleted

  5. Murray:

    I’m interested in EA

  6. admin:

    Murray, sent you the details for payment to your e-mail

  7. Sutha:


    I’m interested with the EA..pls quote me the price…Thanks


  8. tom:

    i am interested in ea too. regards

  9. admin:

    Sutha, tom, EA “Big Dog + Fibo” You can buy at this link —