Forex Lasers Forum

Forex Lasers Forum (https://www.forexlasers.com/forums/)
-   Forex Systems (https://www.forexlasers.com/forums/forex-systems/)
-   -   Adx-Strategy (https://www.forexlasers.com/forums/forex-systems/181-adx-strategy.html)

Egros 04-04-2009 12:05

Adx-Strategy
 
1 Attachment(s)
I just want to share a system which I am busy testing to all the members .If you want to make changes feel free to do it. The original idée is not mine ,you can read about it here
(Natuseko Protrader 4H Strategy) I add the adx crossing and bbands_stop indicator , Arr ZZ x2 and the support and resistance indicators. The reason for it is only to get faster in the trade.

The basic entry rules are as follows. (4hr-Charts)
Buy

When you see a 123 set up according to the adx indicator. Enter on signal no 3 as indicated in the picture.
1)When you enter the ArrZZ x2 indicator (blue dots) must be in place
2) The macd must cross the bottom line of the Bollinger bands upwards
3) bbands_stop indicator must be blue
4) rsi must be above the 50-line
5) The cronex indicator must indicate an up trend

Stop loss: place the stop loss 2 or 3 pips below the support line (Green dots)
Exit: you can use Fib. Levels or move your stop loss according to the support levels.

Sell

Just the opposite than the buy signals.

Warning: the ArrZZ x2 Indicator repaints and I only use it for a possible change in the trend. That’s why the rest of the indicators must confirm the trend change.

I took all the trades in my demo account as indicated in the picture and it worked fine even the last one which was not according to the rules. The ArrZZ x2 indicator did start to appear during the previous candle and I decided to take the buy signal.

Egros 13-04-2009 18:54

I attached a picture of an 123 setup on the usdchf trade I took today.

Egros 13-04-2009 18:58

Don't know what happen to the attachment but I try again

Egros 13-04-2009 19:17

1 Attachment(s)
No luck will try one more time

Egros 14-04-2009 17:35

1 Attachment(s)
Another good trade on the usdjpy

vanhook2 14-04-2009 17:52

Why?
 
Can you U/L a .gif or .jpg instead of a .zip file?
Thanks

Egros 14-04-2009 18:17

1 Attachment(s)
Hope this is better

pippimp 20-04-2009 00:08

Cronex
 
Cronex is a good indicator also when using the Zig Zag 123, I found that Laguerre indicator line set to .7 or .65 will either be lying flat at the 85+ line or below .15 when the 3 on the 123 indicator is confirmed as a good signal.

Egros 27-04-2009 08:47

1 Attachment(s)
Thank you pippimp I will follow your suggestion also . I had another successful trade on the eurusd. The first entry ( yellow cross is another EA I test) You will see the entry on the candle marked 3. It seems to be worth-while to keep on testing this setup, who knows I might make some money with it.


All times are GMT. The time now is 19:45.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2019, vBulletin Solutions, Inc.