Forex Strategy ADX Magic - another indicator forex strategy with the tests made with the same name adviser for MT4 trading under its rules, this forex strategy was sent to the trader, who did not want me to call his name, and Improved the programmer to more stable results and is based she signals forex 4 forex indicators: ADX, a simple moving average indicator and Heiken Ashi, IBS_RSI_CCI_v3, the currency pair EURUSD (H1).
First of all, set in the currency pair chart EURUSD (H1) the following forex indicators:
1) A 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 IBS_RSI_CCI_v3 (forex indicator setup will install automatically when you install the template MT4, you can download at the end of forex strategy)
Conditions for entry into the market, according to the rules startegii Forex ADX Magic:
Conclude a deal to buy if:
1) Closing the candle above the moving average SMA (75)
2) Indicator Heiken Ashi painted white
3) The ADX indicator 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_RSI_CCI_v3 crossed its zero line bottom-up
5) When all the conditions of forex strategy, a pending order to expose the sample up (Buy Stop) to a maximum of candles which matched all the conditions for a deal to purchase (item 1-4)
6) The stop-loss at a distance of 100-120 points (for brokers with a 4-digit quotes, such as Forex4you and 1100 points for forex brokers such as Alpari)
7) Take-profit set at a distance of 120-140 points
Of course the ratio of the take profit and stop-loss orders are not ideal for the transactions for the purchase, as recommended by our rules of Money Management forex, but statistics profit garazdo triggered more often and stop-loss due to this forex strategy becomes profitable, as evidenced by test adviser ADX Magic. In addition to transactions in the sale of these rules are made mani management, is that the chances for a stable increase of trade on the forex strategy!
For transactions on sale, the terms of forex strategy next ADX Magic:
1) Closing the candle below the moving average SMA (75)
2) Indicator Heiken Ashi is colored red
3) The ADX indicator line + DI-DI crossed the line from the top down
4) Yellow line indicator IBS_RSI_CCI_v3 crossed its zero line from top to bottom
5) When all the conditions of forex strategy, a pending order to expose the sample down (Sell Stop) at the low of the candle which matched all the conditions for a deal to sell (item 1-4)
6) The stop-loss at a distance of 50-60 points (for brokers with a 4-digit quotes, such as Forex4you and 500-600 points for forex brokers such as Alpari)
7) Take-profit set at a distance of 120-140 points
Did not work delete pending orders at the opening in the opposite direction.
NOTE: For a stable operation of forex strategy does not recommend the risk more than 2-5% of each transaction, according to the rules of Money Management forex!
For this forex strategy you can download:
- pattern MetaTrader 4 - adx_magic.tpl
- Forex Indicator - ibs_rsi_cci_v3.ex4
- The remaining forex indicators do not spread because they are all present in any trading platform MetaTrader 4 by default after installation on a computer terminal
