Simple Trend Follower System

 
Files:
pro3opt.pdf  625 kb
follower.gif  20 kb
 

Today USDCHF before and after pictures.

Isn't good?

This pictures you could see repeated in every pair today.

Files:
polifit.gif  19 kb
pofit.gif  18 kb
 

Open Trades.

Too many open trades with this system harvesting pips.

Favorites according with market conditions: AUD, NZD and EURO.

This H4 pictures hwlp us with the market idea. Move to H1 or smallest TF to take the trades.

Files:
tacoriz.gif  21 kb
adxmacd.gif  18 kb
 

Problem

Linuxuser,

This looks great but I cannot get your Wilders DMI to display the ADX. Any ideas?

Regards,

Paul.

 
stav01:
Linuxuser,

This looks great but I cannot get your Wilders DMI to display the ADX. Any ideas?

Regards,

Paul.

Set UseADX = 1

 

Eurusd

We save some early signal for the week with EURSD.

MACD is showing a divergence but ADX seems is ready to run. We could set a sell order at 1.5385 targeting 1.5000 and near 400 pips. Also, we could wait for ADX closing above 20

Files:
adxmacd001.gif  19 kb
 

nice call. s./b there in a day or two!.

 
Files:
adxmacd002.gif  21 kb
adxmacd003.gif  17 kb
 
Files:
adxmacd004.gif  17 kb
 

Trading strategy

Hi Linuxser,

Thanks for sharing another strategy, I've read through the pdf file and tried analyzing the charts you posted. Any trading rules entry/exits that you follow?

btw, the MACD DEMA compiles perfectly but doesn't show anything in MT4

Thanks

 

The only pair with high impact news today for the American Session is the loonie.

At this moment the signals are in opposition. Meanwhile MACD is turning up with divergence ADX remains bearish.

I guess our MACD will cross down soon.

Files:
adxmacd005.gif  19 kb
Reason: