Parabolic, EMA Forex, Forex ADX
indicator forex strategy
indicator forex strategy is simple enough, but still requires strict implementation of rules on the conclusion and transaction support and use of all the standard forex indicators that are installed by default any trading platform Metatrader 4 : 3 moving average EMA, the ADX indicator and Parabolic - PSAR.
Trading Indicator forex strategy is in the range H4 and any currency pair.
1. At the 4-hour chart are 3 exponential moving averages EMA:
a) 12-day exponential moving average EMA on Open, select the color red.
b) 5-period exponential moving average EMA on Close, the color of her chosen white.
c) 9-period exponential moving average EMA on Close, the color of her chosen yellow.
2. Parabolic SAR indicator with the standard settings.
3. Forex Indicator ADX (Average Directional Movement Index), the period of 9 to Close, + ID - selected green,-ID - selected red.
conclusion of the transaction on the indicator forex strategy for sale:
It is necessary that vypolnelis all 3 rules:
1) wait until the close of the bar at the first intersection at the cost of the 2 moving averages EMA (red and white) down, waiting for the appearance of the second bar to confirm this intersection. In this EMA 12 EMA should be higher than 5.
2) The point indicator Parabolic (Parabolic) SAR should be placed on top of the price
3) line of the indicator forex ADX and line-ID should be above the + ID.
If all three conditions are met - enter the market for sale.
a safety stop-loss order is placed at around 55-70 pips (but preferably all 100 pips for GBPUSD), this stop-loss was obtained as a result of the experiment for this forex strategy. But as you can put it above the local maximum.
After the price had gone into a lucrative side, more than 30-40 pips, swap the order in the region bezubytka, and then you can use a trailing stop (including the trailing stop on a point ), its value depends on the chosen currency pair and volatility in the market.
Entering the market for a signal to buy in this indicator forex trading strategy in exactly the same way as for sale, but all in turn. < / p>
Ie open position to buy if the price for the first time crossed the movers and closed above them, and only at the opening of the next bar, if all the three rules:
1) wait until the close of the bar at the first intersection at the cost of the 2 moving averages EMA (red and white) up, and the 5 EMA is above 12 EMA
2) the points indicator Parabolic (Parabolic) SAR, located at the bottom under the price
3) Forex Indicator ADX, (including the line + ID) shows the same direction - up, and are above the-DI.
a safety stop-loss is set in the amount of 55-70 pips (but preferably all 100 pips for GBPUSD). But as you can put it under a local minimum.
When leaving a profitable price by more than 30-40 pips, place orders in the region bezubytka, and then you can use a trailing stop (its magnitude depends on the chosen currency pair and the volatility of the market). © Sergei Kuznetsov