New complete video about Forex Trend Analysis, Learn Forex, Good Forex Strategy, Trading Success, and Zero Lag MACD Crossover, I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲.
I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲
In today’s video we go over a simple ADX trading strategy that I have found on YouTube, the author of this strategy claimed that it works 92% of the time, we have previously made videos on this channel where we back tested an ADX trading strategy 100 times together with other indicators, the win rate wasn’t as high as 92% which is the reason that pushed me to build an Expert advisor and test this ADX trading strategy.
Make sure to watch the entire video to get the full picture. We are backtesting this strategy with the help of an expert advisor that was programmed to place trades based on the ADX and DMI trading strategy we are discussing in this video. ADX stands for the average directional movement index.
Before we back test this strategy, we will go over it quickly and explain how the ADX and DMI indicators are supposed to be used.
Last week I came across a video on YouTube where an ADX trading strategy was discussed, I was surprised as the author of the video claimed that this strategy works 92% of the time.
That’s probably a very profitable strategy, but what if we backtest it using an Expert advisor? are we looking at a holy grail strategy? continue watching to know and don’t forget the usual thumbs up if you enjoy this kind of video.
All Forex traders strive to build their profitable strategies, but this day is your lucky day! We’re going over a simple ADX strategy with some examples for you to practice this trading method. This strategy seems to have a success rate of 92%, so basically if you place 100 trades, 92 of them will end up hitting the take profit. let me first share with you this strategy before we backtest it using an expert advisor.
No worries, I will share with you the expert advisor for absolutely free, especially if it does work.
The principles of the Average Directional Index or ADX can apply to almost all tradable assets including Forex pairs, Stocks, mutual funds, and even futures contracts. ADX has become an exceptionally useful indicator for traders as it helps determine when the price is trending strongly.
in many cases, it is the ultimate trend indicator. After all, the trend may be your friend, but it sure helps to know who your friends are.
Before we go any further. let’s add the indicator to our chart.
If you are on Tradingview, you can simply hit on indicators and search for the “Directional Movement Index”, Once you find it, simply double click it and you will notice that it has been added to your chart.
The directional movement index (DMI) is a technical indicator that measures both the strength and direction of a price movement and is intended to reduce false signals.
DMI helps in determining the price direction and the strength of the movement. It does so by comparing the current price with previous lows and highs, drawing lines of positive directional movement (+DI) and negative directional movement (-DI).
In general, the larger the spread between the two primary lines +DI and -DI the stronger the price trend. If +DI is way above -DI the price is on an uptrend.
On the other hand, If -DI is way above +DI then the price trend is strongly down.
The ADX measures the strength of the trend, either up or down; a reading above 25 indicates a strong trend.
Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies and will probably wait for a breakout or simply use a sideways trading strategy.
If you are using a momentum trading strategy and the ADX reading is above 50, you might avoid exiting the market as there are high chances that the trend will continue.
The ADX trading indicator is a dynamic way to look at the price action.
As you can see here, Low ADX is usually a sign of accumulation or distribution.
When ADX is below 25 for more than 30 bars, price enters range conditions, and price patterns are often easier to identify especially on high time frames.
Price then moves up and down between resistance and support to find selling and buying interest, respectively. From low ADX conditions, the price will eventually break out into a trend. That’s the usual phrase that follows any price consolidation.
Download the Indicator:
Link + Password (here): https://bit.ly/2YjWvMB
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Zero Lag MACD Crossover, I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲.
Trading Without Signs – What Are You Expected To Take A Look At?
Even with this checklist in mind, it is important to remember that absolutely nothing is specific. Prudent financiers constantly have an exit strategy prior to they enter a trade. When it reverses and ends, “then” they exit the trade.
I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲, Watch top full videos about Zero Lag MACD Crossover.
Top Down Forex Trading
Make sure a pattern finding forex strategy is part of your toolbox. Some just trade part-time, get a big win and off they go for a few weeks or months in the sun. I’ll review a couple of popular methods to use it.
At the very same time, I think a great deal of traders attempt to under streamline too reaction to all the over issue. I have actually become aware of traders that do not use any indicators and just look at rate and take trades. Think me, there are some who have the experience to do that. 99.99% opportunity that you’re not one of them.
A few of the stock signals traders look at are: volume, moving averages, Macd Trading, and the stochastic. They also must try to find floors and ceilings in a stock chart. This can reveal a trader about where to get in and about where to get out. I state “about” due to the fact that it is quite hard to think an “exact” bottom or an “specific” top. That is why locking in revenues is so so crucial. If you do not lock in revenues you are really running the threat of making an useless trade. Some traders become truly greedy and it just injures them.
Everybody buying the stock presses it up so supply will satisfy demand. When the Macd Trading signals gives you a sell signal everybody who utilizes a MACD sees it too. They all sell triggering the cost of the stock to come down so need will meet supply.
When there are 3 consecutive Heiken Ashi candle lights among ALL FOUR pairs that are in contract, what you desire to find is times. and in the same direction.
When you have a system in location, you ought to make sure you just trade through a ECN broker, this will make your Macd Trading Crossover much more easier. Trust me on this most Forex brokers that have a dealing desk simply love new traders, due to the fact that they are uninformed of their little tricks. Another words when you win they lose, they trade versus their clients. So trade through a ECN broker just and this will make your life as a trader far more simple.
If you purchased the above XYZ stock at $20 and took revenues at $30, you would have a good 50% gain, but would have missed the 400% total gain of the whole trend.
The technical analysis should likewise be identified by the Forex trader. This is to forecast the future pattern of the cost. Common indications utilized are the moving averages, MACD, stochastic, RSI, and pivot points. Keep in mind that the previous indications can be utilized in combination and not only one. This is to confirm that the rate trend holds true.
The above method is very basic but all the very best systems and methods are. If you swing trade extremes, you will get a couple of great signals a week and this will suffice, to make you big gains in around thirty minutes a day. There is no better technique than currency swing trading if you want a great method to make big revenues.
Currency trading takes place round the clock and round the year. Using a signal service provider a few years back I learned this staggered method. Individuals earn money with indicators, and individuals lose money with them.
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