Black Dog Trading System

Black Dog Trading System is a one of popular trading system which has highly effective trend-following strategy to help scalpers and intraday traders to achieve their optimal trading result. Clear and easy chart in used compared to other trading strategies has made this trading system widely known and used by newbie trend-based traders.

Black Dog System can be used in all kinds of forex currency pairs, also this system fits with any timeframe chart available at the mt4 trading platform.

The display of Black Dog Trading System at mt4 main chart :

Black Dog Trading System
Black Dog Trading System

Indicators:

  • Fast & Slow BDv8 ColorMAs: These MA lines are used to identificate the current trend of the market. when the bar price closes above these MA lines signal bullish trend. For a bearish trend, the bar price must be closing below the MA lines.

  • BD Crossover: It is the crossover signals of Moving Averages in the background. which plotted with its colored up/downward arrows around the price bars at the main chart.

  • MACD: An well-known momentum based indicator. Its value raises in positive territory signals the bullish market. MACD carrying a negative value signals the bearish market.
Black Dog Trading System Indicators
Black Dog Trading System Indicators

Trading rule:

BUY entry:

  • Bar price is above both Fast & Slow BDv8 ColorMA.
  • BD Crossover plotting upward blue arrow.
  • MACD turns positive value and keeps rising.
  • Put stop loss below the Fast & Slow BDv8 ColorMA lines.

SELL entry:

  • Bar price is below both Fast & Slow BDv8 ColorMA.
  • BD Crossover plotting downward red arrow.
  • MACD turns negative value and keeps falling.
  • Put stop loss above the Fast & Slow BDv8 ColorMA lines.

Black Dog Trading System Buy condition
Black Dog Trading System Buy condition

Black Dog Trading System Sell condition
Black Dog Trading System Sell condition


Read Also:
Simple Sibuk System Trading
Forex Cobra Trading Strategy

0 Response to "Black Dog Trading System"

Post a Comment