ADX and EMA Forex Trend Following Strategy

0
528

ADX and EMA cross Trading System

ADX and EMA system is the combination of 2 indicators. Use this strategy on a daily timeframe.

Here are the rules of the system:

Forex Indicators:

  • 3 DAYS EXPONENTIAL MOVING AVERAGE.
  • 10 DAYS EXPONENTIAL MOVING AVERAGE.
  • ADX (13) WITH +DI AND -DI.

For long entry:

  • +DI MUST BE ABOVE -DI and ADX is greater than 22.
  • You can enter long when 4 days EMA crosses 11 days EMA from downside to upside.

For short entry:

  • -DI MUST BE ABOVE +DI and ADX is less than 22.
  • Enter short when 4 days EMA crosses 11 days EMA from upside to downside.

You can exit position when EMAs gives sell signal or Trailing stop.

Recommended MT4 Broker

  • Free $50 To Start Trading Instantly! (Withdrawable Profit)
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Award Winning Forex Broker
  • Additional Exclusive Bonuses Throughout The Year

Recommended broker

>> Claim Your $50 Bonus Here <<

Click here below to download:

Save

Save



Get Download Access

LEAVE A REPLY

Please enter your comment!
Please enter your name here