Forex Strategy "ADX Magic"

•    Recommended Forex Broker who support MetaTrader 4 terminal.

  This strategy works with EUR/USD currency pairs.

First of all, set in the currency pair chart EUR/USD (H1) the following forex indicators:

1. Simple moving average SMA (75), applied to open;
2. Indicator Average Directional Movement Index - ADX (9), also apply to open;
3. Indicator Heiken Ashi;
4. Indicator ISB_RSI_CCI_v3 (forex indicator setup will install automatically when you install in the template MT4, you can download at the end of this page) .

Condition for entry into the market, according to the rules strategy "Forex ADX Magic".

BUY POSITION.

1. Candle closes above the moving average SMA (75);
2. Heiken Ashi indicator is painted white;
3. The indicator ADX line +DI , -DI crossed the line from the bottom up ( light green line on the chart - "+ DI" white (or light) - "- DI");
4. Yellow line indicator IBS_TSI_CCI_v3 crossed it's zero line bottom-up.
5. After all the conditions of this strategy, make pending order to expose the sample up ( Buy Stop) to a maximum of candles which matched all the conditions for a deal to purchase ( points 1-4);
6. Put Stop-Loss at a distance of  50-80 or 100 points;
7. Take-Profit set at a distance of 100-120 or 140 points.

 Of course, the ratio of the Take-Profit and Stop-Loss orders are not ideal for the transaction for the purchase, as recommended by our rules of  Money Management forex.  In addition to transactions in the sale of these rules are made Many Management, is that the chances for a stable increase of trade on the forex strategy!

SELL POSITION:

;

1. Heiken Ashi indicator is painted red;
2. Candle closes below the Moving Average SMA (75)
3. The indicator ADX +DI, -DI crossed the line from the top;
4. Yellow line indicator IBS_TSI_CCI_v3 crossed it's zero line from  top to bottom;
5. After all the conditions of this strategy, make pending order to expose the sample up ( Sell Stop) to a maximum of candles which matched all the conditions for a deal to purchase ( points 1-4);
6. Put Stop-Loss at a distance of  50-80 or 100 points;
7. Take-Profit set at a distance of 100-120 or 140 points.

 NOTE:  For a stable operation of forex strategy doesn't recommend the risk more than 2-5% of each transaction, according to the rules of Forex Money Management!

  

 For this strategy you can download;

• ADX Template from:  here ;
• Forex indicator - IBS_RSI_CCI_V3.ex4 from:  here .