Forex High Low ADX Trading System
Forex High Low ADX Trading System:
Time frame daily.
Currency Pairs All
Indicators:
dyn Support and resistance
ADX13 (d+, d- With 3ema)
ENTRY
Entry long d+>d- ADX>3Ema
Entry short d->d+ ADX>3Ema
Wait for the daily candle to close. Enter long 3 pip above the red dot of the closed candle and short 3 pip below the blue dot of that candle. You should use pending orders to ensure you enter at the correct price. Add the spread to pending orders when looking to go long.
Exit at close next bar.
Exit with Profit Target:
AUD/USD, USD/CAD, USDCHF, USD/JPY 60 pips,
EUR/USD 70,
GBP/USD,EUR/JPY GBP/GPY, 80 pips.
Stop Loss:50-80 pips
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 High Low ADX Trading System?
- Download Forex High Low ADX Trading System.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 High Low ADX Trading System?
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”.
