Jump to content

forex4all

Members
  • Posts

    12
  • Joined

  • Last visited

  • Days Won

    2

Posts posted by forex4all

  1. ADX PRO SYSTEM

     

    The system started with just the Moving Average (MA) indicators and following price action. I added other indicators to help hedge my trading by showing me when a possible trend reversal or a breakout was going to occur. After much testing, I found success by keeping it simple. I paired up EMA with ADX.

     

    The system works on any pair and time frame (TF) but for this submission, I have focused on EURUSD / M15. The M15 TF provided more trading opportunities than a longer TF. It was also less volatile than the shorter TFs.

     

    The system uses EMA with a period of 9. I wanted a MA that would be more responsive to recent price action. The two directional indicators (DI+ & DI-) of ADX are used in conjunction with EMA to establish your Entry and Exit points.

     

    http://www.forex4all365.com/uploads/1/2/9/1/12915563/483131_orig.jpg

     

    Chart Setup

    Chart: EURUSD

     

    TF: 15 minute

    Indicators: EMA9, ADX14, ATR14

    Set a level of 20 on ADX14

     

    Entry Rules

    Long Entry:

    Price is coming up from below EMA9. Candle Closes above EMA9

    ADX DI+ > 20 AND ADX DI+ > ADX DI-

     

    Short Entry:

    Price is coming down from above EMA9. Candle Closes below EMA9

    ADX DI- > 20 AND ADX DI- > ADX DI+

     

    Exit Rules

    Long Exit:

    Candle Closes below EMA 9

    -or-

    ADX 14 DI+ < ADX 14 DI-

     

    Short Exit:

    Candle Closes above EMA 9

    -or-

    ADX 14 DI- < ADX 14 DI+

     

    Stop Loss

    Set your Stop Loss to the value of ATR14 at the time of the order placement.

     

    Trailing Stop

    If using a Trailing Stop, set it also to ATR14.

     

    Take Profit

    Set your Take Profit to 1.5 to 2 times ATR14.

     

    Money Management

    Risk = 2% of Free Margin

     

     

    Download below template..

     

    DOWNLOAD

    https://dl.dropbox.com/u/37716877/forex4all/Trading%20strategy/Adx%20Pro.rar

     

    Happy Trading!

  2. Hello__Traders__

    I am going to share one very good robot with you.

    Nice Grid V.1 is a very good and safe Grid ea.Its working on 4 and 5 digit mt4.

     

    Setting for 4 digit

     

    Takeprofit = 10

    Pipstep = 30

     

    Rest are default

     

    Setting for 5 digit

     

    Takeprofit = 100

    Pip steo = 300

     

    Rest are default

     

     

    Best result with gbpusd 5min.

     

    If you have big account than you can also use on other pairs.

    this ea can work on all brokers like exness,tradefort,instaforex,forexforyou.

     

    Normally Grid robots are risky,but you can minimize the risk by manage the risk.

     

    The best idea to use Nice Grid v.1 is use on instaforex standered account with deposit $500 and more pair EURUSD,GBPUSD,USDCHF,AUDUSD,NZDUSD.

    More pair will minimize your risk and you can earn very good profit by this ea.

     

    For download

     

    Thanks__Happy trading

×
×
  • Create New...