The Mouth Crocodile
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Thread: The Mouth Crocodile

  1. #1
    Trader kie202's Avatar
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    The Mouth Crocodile

    Type of Copy FX account: Trader
    Name of CopyFX Trader: kieuki
    Account number : 5261429
    Read only password : kiki
    Account type : CopyFx MT4 Pro-Cent
    Account currency : USD
    Leverage 1 : 500



    Strategy Parameters

    Bollinger Bands : set up default
    ADX : set up default+21 level
    Time frames : 30m, H1
    Trading pairs : All pairs
    Strategy difficulty: Medium
    System : Breakout

    Strategy Description
    Search market consolidation or market sideway before open order. The ADX indicators under level 34 or the best at under 21 level. And the market ranging at between bollinger bands. This is market sideway likes body's of the crocodile, but when market volatile the Bollinger band stretch like the mouth of crocodile. So only open order when its touch the upper or lower line bollinger bands and when indicator ADX through level 21.


    Buy
    Candlestick touch the upper bollinger band and ADX through level 21, then open buy order


    Sell
    Candlestick touch the upper bollinger band and ADX through level 21, then open buy order


    Note: set up stop loss at line Bollinger band and Take profit when candlestick did not touch again the line Bollinger. Although you can improve about risk ratio of stop loss and take profit but that is my suggest for you all. My picture in time frame h1 but most predictable in 30 minutes time frame.
    this my template
    the mouth crocodile.tpl

    Comment moderator

    1. ContestFX
    2. Strategy confirmed

    Not allowed!
    Last edited by ContestFX; 11-26-2018 at 10:21 AM. Reason: change account number and to pro cent
    :blush:Trend is Friend of The Fighter

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