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Description:
The BIG DOG trade strategy is all about capitalizing on market breakouts. If you’re looking to add a solid system to your trading toolkit, this one’s worth a look!
Trade Rules:
- Identify the highest and lowest price points between 14:00 and 16:00 (terminal time), then place pending orders to buy or sell at those levels.
- Only set these orders if the distance between the high and low is no more than 50 pips.
- Take Profit is set at 30 pips, and the Trailing Stop is at 15 pips.
- Set your Stop Loss at the price level of the opposite order. Any pending orders that aren’t executed by the end of the day should be removed.
Recommendations:
- Check out FORTRADER.RU magazine (Issue #52) for more details.
Editor's Note:
This content is a reflection of the original Russian version of the strategy. If you have any questions, suggestions, or comments, feel free to share them here.
If you found this strategy useful for your trading or education, don't forget to give a shout-out to the author!
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