Adx pro system

To add comments, please log in or register
forex
69
forex  

ADX PRO SYSTEM

The system started with just the Moving Average (MA) indicators and following price action. I added other indicators to help hedge my trading by showing me when a possible trend reversal or a breakout was going to occur. After much testing, I found success by keeping it simple. I paired up EMA with ADX.

The system works on any pair and time frame (TF) but for this submission, I have focused on EURUSD / M15. The M15 TF provided more trading opportunities than a longer TF. It was also less volatile than the shorter TFs.

The system uses EMA with a period of 9. I wanted a MA that would be more responsive to recent price action. The two directional indicators (DI+ & DI-) of ADX are used in conjunction with EMA to establish your Entry and Exit points.

Chart Setup

Chart: EURUSD

TF: 15 minute

Indicators: EMA9, ADX14, ATR14

Set a level of 20 on ADX14

Entry Rules

Long Entry:

Price is coming up from below EMA9. Candle Closes above EMA9

ADX DI+ > 20 AND ADX DI+ > ADX DI-

Short Entry:

Price is coming down from above EMA9. Candle Closes below EMA9

ADX DI- > 20 AND ADX DI- > ADX DI+

Exit Rules

Long Exit:

Candle Closes below EMA 9

-or-

ADX 14 DI+ < ADX 14 DI-

Short Exit:

Candle Closes above EMA 9

-or-

ADX 14 DI- < ADX 14 DI+

Stop Loss

Set your Stop Loss to the value of ATR14 at the time of the order placement.

Trailing Stop

If using a Trailing Stop, set it also to ATR14.

Take Profit

Set your Take Profit to 1.5 to 2 times ATR14.

Money Management

Risk = 2% of Free Margin

Download below template..

Happy Trading!

Files:
Adx_Pro.rar 1 kb
20169515
8
20169515  

Thanks, been looking for an ADX system and will give it a try

Shawn Michal
395
Shawn Michal  

I am also in the row to test Adx pro system. I hope, its existing form help me to make some more profit.

karol vesely
369
karol vesely  

ADX is also big decision help by trading Ichimoku system. I would start at ADX 25 not 20. Less trades but more secure.

Hermes

forex
69
forex  

yes you can use on this way also....

hermes777:
ADX is also big decision help by trading Ichimoku system. I would start at ADX 25 not 20. Less trades but more secure. Hermes

forex
69
forex  

Any body has used this,Please post your feed back.

To add comments, please log in or register