Forex Force Index ADX Trading Strategy
Forex Force Index ADX Trading Strategy;
The Force index with ADX Trading System is purely a trend trading strategy. It has no chance of repainting.
This strategy will keep you in good trades for a long time and will let the trade running.
You can trade on any time frame except the 1 Minute Time frame. So don’t trade on 1 minute chart.
Rules for The Force index with ADX Trading System
Buy Entry
1. In Indicator trading window 1, when the Blue trend dot goes below the candle.
2. Exponential Moving averages 50(white), 100(yellow), 200(red) are very close to each other and are in the upward direction.
3. The candle should also break the previous candle’s high and any other significant recent high.
4. In Indicator trading window 2, the MACD bar should go above the zero line and the red MACD histogram bar should also cut through the Yellow signal line. It will give the perfect entry and will also avoid the bad fills.
5. In Indicator window 3, The yellow ADX signal should preferably be rising up and above the white dotted 20 line.
6. In Indicator window 4, The Force Index Signal line in pink colour should be above the zero line.
Sell Entry
7. In Indicator trading window 1, when the Blue trend dot goes above the candle.
8. Exponential Moving averages 50(white), 100(yellow), 200(red) are very close to each other and are in the downward direction.
9. The candle should also break the previous candle’s low and any other significant recent low.
10. In Indicator trading window 2, the MACD bar should go below the zero line and the red MACD histogram bar should also cut through the Yellow signal line. It will give the perfect entry and will also avoid the bad fills.
11. In Indicator window 3, The yellow ADX signal should preferably be rising up and above the white dotted 20 line.
12. In Indicator window 4, The Force Index Signal line in pink colour should be below the zero line.
STOP LOSS/Money Management for The Force index with ADX Trading System
Exit the trade when the price cuts the EMA 100 by 5 pips atleast.
Don’t risk more than 2% of your total capital per trade( 2 % is the maximum limit for your stop loss, you can risk less than 2 % also)
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Force Index ADX Trading Strategy?
- Download Forex Force Index ADX Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Force Index ADX Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
