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.
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