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 |
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 |
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 Sell condition |
Read Also:
Simple Sibuk System Trading
Forex Cobra Trading Strategy
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