Follow the trend Strategy

Follow the trend Strategy

22 November 2017, 14:23
Dragan Drenjanin
0
32

This trading system is applicable to all currency pairs.

Time-frames: 4H, Daily.

Indicators: 4EMA, 10EMA, ADX (28) ? +DI and –DI, MACD (5,10,4).

Conditions for opening long positions:

1) +DI (the red dotted line of the ADX indicator) must be located above –DI (the blue dotted line of the ADX indicator);

2) 4EMA crosses 10EMA from below;

3) MACD (5, 10, 4) must be above the zero line. 

Conditions for opening short positions:

1) –DI (the red dotted line of the ADX indicator) must be located above +DI (the blue dotted line of the ADX indicator);

2) 4EMA crosses 10EMA from above;

3) MACD (5, 10, 4) must be below the zero line.  

TakeProfit: 60 points on H4 time-frame/ 200 points on D1 time-frame

StopLoss: 3 times less than TP 

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