Trading indicators – EMA 9 + ADX(14) + ATR(14)
Forex pairs – all
TF (TimeFrame) – all (M15 recommendation)
Broker – Any that offer MetaTrader 4 platform or other
Win Ration – 85%
Price – Free
This trading system work with any currency pairs and on any timeframe, we prefer M15 timeframe. This trading system could be used to see when is possible trend reversal or a breakout of level. EMA 9 can show you recent price action, as with ADX can show you entry and exit points.
Entry Rules:
When to BUY ?
As you can see on the images above, we can make buy order when the price is climbing up and EMA 9 is below the price. The final rules is that ADX DI+ > 20 AND ADX DI+ > ADX DI-
When to SELL?
The price must be under EMA 9, as ADX DI- > 20 AND ADX DI- > ADX DI+. The target is not defined, but you can move your stop loss with EMA 9.
(14 votes, average: 3.71 out of 5)
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