Time frame: Daily.
Indicators: 3 DAYS EXPONENTIAL MOVING AVERAGE.
10 DAYS EXPONENTIAL MOVING AVERAGE.
ADX (14)WITH +DI AND -DI.
BUY SETUP : +DI MUST BE ABOVE -DI .
BUY WHEN 3 DAYS EMA CROSSES 10 DAYS EMA FROM DOWNSIDE TO UPSIDE.
SELL SETUP: -DI MUST BE ABOVE +DI
SELL WHEN 3 DAYS EMA CROSSES 10 DAYS EMA FROM UPSIDE TO DOWNSIDE.
I use this strategy for trading stocks but i hope it will work for forex also because the systems mentioned here for forex trading works well for stock trading that's why i thought my system will work for forex as well. Please paper trade this strategy before you trade with real money.
Happy trading
Arsalan
Indicators: 3 DAYS EXPONENTIAL MOVING AVERAGE.
10 DAYS EXPONENTIAL MOVING AVERAGE.
ADX (14)WITH +DI AND -DI.
BUY SETUP : +DI MUST BE ABOVE -DI .
BUY WHEN 3 DAYS EMA CROSSES 10 DAYS EMA FROM DOWNSIDE TO UPSIDE.
SELL SETUP: -DI MUST BE ABOVE +DI
SELL WHEN 3 DAYS EMA CROSSES 10 DAYS EMA FROM UPSIDE TO DOWNSIDE.
I use this strategy for trading stocks but i hope it will work for forex also because the systems mentioned here for forex trading works well for stock trading that's why i thought my system will work for forex as well. Please paper trade this strategy before you trade with real money.
Happy trading
Arsalan
