老狗斐波那契交易 - 欧元兑美元 (Old Dog Fib Trading - EURUSD)

First a thank you to Old Dog for graciously providing the formulas for a strategy he has been successfully trading for some time. The point of this thread, to develop that strategy for EURUSD and to see if it might be portable to other pairs.

The trading strategy has roots in Fibonacci and it not intended to be traded with other indicators.

Any introduction of other indicators that do not relate directly to the purest form of this trading approach will get you banned from posting on this thread. Any disrespectful commentary will get you banned from this thread. Generally being an ass and not making a positive contribution to the thread will get you banned. I'm taking a lead from Steve Hopwood's threads and will be ruthless about this!!!


The strategy relies on two pieces of data..a base level and a phase and then daily calculations for a variety of ways to enter and exit trades.

Indicator development presumes the use of FXPro as a broker. Discussions about broker times and differences due to different feeds will be deleted. Please download an FXPro demo. Here is Why - Post #91
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OLD DOG'S FORMULAS

D is the daily close and M is the midpoint of a fib calculation (more on that as the thread progresses)

0.6747 * D + 0.3280 * M
0.6743 * D + 0.3255 * M __________ 0.2502 * D + 0.751 * M
0.6735 * D + 0.3234 * M

0.3349 * D + 0.6745 * M
0.6676 * D + 0.3394 * M
0.3336 * D + 0.6696 * M
0.3519 * D + 0.6489 * M
0.6743 * D + 0.3255 * M
0.2966 * D + 0.6973 * M
0.3328 * D + 0.6632 * M
0.3286 * D + 0.6648 * M
0.3320 * D + 0.6585 * M

D is the "daily close" and M is the 50% fib level.

Remember : do BOTH multiplies first, THEN add results.
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Logical first steps:

1. Develop an indicator to identify the current daily Old Dog levels to trade
2. Collect the necessary indicators to identify fib levels for the chart
3. Work on a way to calculate the base
4. Work on a way to calculate the phase range See Post #38
5. Develop a variety of trading styles from this approach

I'll do my best to provide a summary to important links on this post.

For now there is one voucher required to post. That will be eventually removed. I can add you as a buddy if you need to post.

Now let's do something productive from the ashes of Abonacci. (EDIT - Abonacci resurrected from the ashes. Good luck to them!)

Background reading


Indicators
Squalou's indicator here
Guru's indicator here

Old Dog's Levels Calculator


EAs
http://www.forexfactory.com/showthre...63#post4073863

Cheers
CanuckCT