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Forex Strategy “ADX Magic”

This forex strategy is one more forex strategy that uses the indicator with tests. The strategy was targeted to produce more stable results. It is founded on the signals of four forex indicators, a simple MA indicator, ADX, currency pair EURUSD and Heiken Ashi.

Before the start, in the currency pair graph install four forex indicators:

  1. the SMA (75);
  2. the Heiken Ashi;
  3. ADX (9);
  4. the IBS-RSI-CCI-v3.

Make a buying deal if:

  1. The Heiken Ashi colored in white.
  2. The candle closes above the SMA (75).
  3. There is a yellow line of the IBS-RSI-CCI-v3 and it intersected the zero line upwards.
  4. The line of ADX intersected the +DI-DI line upwards (there is a green light on the graph; the +DI is colored in white).

Make a selling deal if:

  1. The candle closed below the SMA (75).
  2. The line of ADX intersected the +DI-DI downright.
  3. There is a yellow line of the IBS-RSI-CCI-v3 and it intersected the zero line downright.
  4. The Heiken Ashi colored in red.

To get this strategy to work stable it is not recommended to risk more than 2% - 5% of the transaction.

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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