• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Black Dog System

July 9, 2015 by Dominic Walsh Leave a Comment

Black dog system is a forex trading strategy which is based on the moving averages and the MACD (moving average convergence divergence). It is a very simple trading strategy. Even the newbie traders can understand the black dog system. However, understanding a system and mastering it with discipline are two different things. Mastering the system is concerned with the practice and the discipline while understanding is having knowledge of something. Knowledge alone is not sufficient to succeed in trading business. Only the key to success in forex trading is self discipline. You should also have a proven strategy/system that really works. It doesn’t make sense if you are practicing the system with full discipline and dedication when the system itself is a failure. You are luck y to be here. We share the system that are proven and well tested on historical price data.

Good system is not that one which generates 100% winning result. No any system can deliver that level of result. It is all about common sense. Common sense makes sense in the market. For example a system may show sell signal in the correction of an uptrend. So an undisciplined trader will sell off blindly following the system and he will lose and blame the system. It seems that the commonsense is lacking in the trader.

Let’s get back to the Black Dog System. This indicator uses only three types of technical indicator to generate the trading signal. When the black dog system is correctly installed on your system your trading chart will look like this:

Black Dog System

  • XP Moving Average: It is a combination of two moving averages forming a channel. We will be selling and buying according to this channel. The channel is green in bullish market and red in bearish market.
  • MACD: MACD in this system works as a confirming tool. It moves in and out of bullish and bearish territory.
  • Arrows: Arrows are the final confirmations before we execute a trade. You would be buying when a blue arrow facing towards the north appears on the chart and selling when a red arrow facing towards the south appears on the chart.

Buying Conditions Using Black Dog System.

Black Dog System

  1. Price should be within the range of XP moving average channel.
  2. A blue arrow should appear below the price chart.
  3. Wait for the MACD to rise to the positive territory. Buy as soon as the MACD is in positive territory.
  4. Place your stop just below the recent swing low.
  5. You should take your profits when the MACD histogram crosses red line to the downside on the MACD indicator window.

Selling Conditions Using Black Dog System.

Black Dog System

  1. Price should be within the range of XP moving average channel.
  2. A blue red should appear above the price chart.
  3. Wait for the MACD to plunge to the negative territory. Sell as soon as the MACD is in negative territory.
  4. Place your stop just above the recent swing high.
  5. You should take your profits when the MACD histogram crosses red line to the upside on the MACD indicator window.

Open demo account to test this system.

Download Free Forex Black Dog System

Download Black Dog System

Filed Under: Free Metatrader Systems Tagged With: arrow indicator, MACD indicator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • June 2022 (6)
  • May 2022 (8)
  • April 2022 (5)
  • March 2022 (7)
  • February 2022 (6)
  • January 2022 (7)
  • December 2021 (1)
  • November 2021 (4)
  • October 2021 (3)
  • September 2021 (4)
  • August 2021 (2)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (7)
  • April 2020 (9)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (14)
  • August 2018 (5)
  • July 2018 (8)
  • June 2018 (3)
  • May 2018 (9)
  • April 2018 (3)
  • March 2018 (10)
  • February 2018 (9)
  • January 2018 (13)
  • December 2017 (12)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (30)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2022 Forexobroker

Copyright © 2022 · Magazine Pro Theme on Genesis Framework · WordPress · Log in