Forex MACD Power ADX Trend Following Strategy

Forex MACD Power ADX Trend Following Strategy

Forex MACD Power ADX Trend Following Strategy:

Forex MACD Power ADX Trend Following Strategy

Time frame – Daily.

Indicators – Macd (3,9,16)
ADX(16) with + DI and – DI lines

Buy setup – macd should give buy signal.
+di should be above -di. if +di is below -di and macd gives buy signal then ignore it at that time and wait for + di to go above – di to make a long entry.

Sell setup – macd should give sell signal.
– di should be above +di .if -di is below +di and macd gives sell signal then ignore it at that time and wait for -di to go above +di to make a short entry.

Exit – use trailing stops to exit because it will allow you to capture maximum profit.

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 MACD Power ADX Trend Following Strategy?

  • Download Forex MACD Power ADX Trend Following 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 MACD Power ADX Trend Following 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”.

Download Free Forex MACD Power ADX Trend Following Strategy

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