Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX TRADING > Forex Systems


Adx-Strategy

Forex Systems


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 04-04-2009, 12:05
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default Adx-Strategy

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.
Attached Files
File Type: zip Support and Resistance (Barry).zip (66.9 KB)

Last edited by Egros; 04-04-2009 at 12:53.
Reply With Quote
  #2  
Old 13-04-2009, 18:54
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

I attached a picture of an 123 setup on the usdchf trade I took today.
Reply With Quote
  #3  
Old 13-04-2009, 18:58
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

Don't know what happen to the attachment but I try again
Reply With Quote
  #4  
Old 13-04-2009, 19:17
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

No luck will try one more time
Attached Files
File Type: zip adxv4.zip (46.1 KB)
Reply With Quote
  #5  
Old 14-04-2009, 17:35
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

Another good trade on the usdjpy
Attached Files
File Type: zip adxv3.zip (51.7 KB)
Reply With Quote
  #6  
Old 14-04-2009, 17:52
vanhook2's Avatar
Level IV Lasers Member
 
Join Date: Feb 2009
Posts: 122
Default Why?

Can you U/L a .gif or .jpg instead of a .zip file?
Thanks
Reply With Quote
  #7  
Old 14-04-2009, 18:17
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

Hope this is better
Attached Thumbnails
Adx-Strategy-adxv3.gif  
Reply With Quote
  #8  
Old 20-04-2009, 00:08
Level 1 Lasers Member
 
Join Date: Mar 2009
Posts: 10
Default 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.
Reply With Quote
  #9  
Old 27-04-2009, 08:47
Level 1 Lasers Member
 
Join Date: Apr 2009
Posts: 8
Default

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.
Attached Thumbnails
Adx-Strategy-adxv4.gif  
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Egwig's Strategy Egwig Forex Systems 96 09-09-2015 18:09
Forex strategy brain22 Forex Discussion 5 14-10-2014 16:19
Trend Trading Strategy pipster Forex Systems 20 30-11-2009 14:31
Please help me test this strategy. Henry Forex Systems 0 24-08-2009 20:14
simple strategy didikjs Forex Systems 5 19-03-2009 06:26


All times are GMT. The time now is 06:45.


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