# Gone Fishing Strategy

Simple strategy using FX Fish and MA_CROSS_OC indicators for entering trades based on arrow and line signals.

Canonical: https://prismaticalgos.com/compendium/algo/537-gone-fishing-strategy
Record ID: 537
Catalog rank: 2123 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/forum/181393
Evidence label (unverified): forward_results

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Build warnings: MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.

## Recorded profile

- symbols: majors and yen pairs
- timeframes: 4HR, DAILY
- sessions: every 4 hours
- market_regime: any

## Indicators

- FX Fish: {}; applied to: price
- MA_CROSS_OC: {}; applied to: close

## Recorded long-entry rules

- UP Blue arrow AND Green line on FX Fish indicator
- Opposite arrow appears (take opposite trade if FX Fish turns a different color as well)
- FX Fisher gets an opposite line color (no arrow needed)

## Recorded short-entry rules

- DOWN Orange arrow AND Red line on FX Fish indicator
- Opposite arrow appears (take opposite trade if FX Fish turns a different color as well)
- FX Fisher gets an opposite line color (no arrow needed)

## Recorded exit rules

- Opposite arrow appears (take opposite trade if FX Fish turns a different color as well)
- FX Fisher gets an opposite line color (no arrow needed)

## Recorded filters

- Not specified.

## Risk controls

- Stop loss: Last swing
- Take profit: Slide to break even at +50 pips then wait for closing signal
- Position sizing: Not specified