ADX 's candle breakout system

1
Hi Guys,
some one make EA for this strategy

The concept underlying the 2-period ADX is to find the perfect pause in the market. By using such a short look-back period for the ADX indicator, it becomes extremely sensitive. Hence, it rarely falls below 25. When it does, it is a signal that a break-out is imminent.

TRADING RULES – 2-PERIOD ADX
2-period ADX falls below 25
Place buy stop and sell stop order one tick above the high/low of the signal bar

The 2-period ADX is an excellent way to find low-risk entries into market trends. Most signal bars are narrow range bars, and its extreme offers a reliable stop-loss level.
Another characteristic of the 2-period ADX signals is that they occur infrequently. It teaches the virtue of patience in trading. Instead of jumping into a trend as it’s speeding away, exercise patience and join the train during its perfect pause.


Re: ADX 's candle breakout system

2
kingbrar407 wrote: Mon Sep 17, 2018 3:28 pm Hi Guys,
some one make EA for this strategy

The concept underlying the 2-period ADX is to find the perfect pause in the market. By using such a short look-back period for the ADX indicator, it becomes extremely sensitive. Hence, it rarely falls below 25. When it does, it is a signal that a break-out is imminent.

TRADING RULES – 2-PERIOD ADX
2-period ADX falls below 25
Place buy stop and sell stop order one tick above the high/low of the signal bar

The 2-period ADX is an excellent way to find low-risk entries into market trends. Most signal bars are narrow range bars, and its extreme offers a reliable stop-loss level.
Another characteristic of the 2-period ADX signals is that they occur infrequently. It teaches the virtue of patience in trading. Instead of jumping into a trend as it’s speeding away, exercise patience and join the train during its perfect pause.
Always try to explain your idea and or concept with illustration picture/s,it help viewers to understand more easily and properly
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: ADX 's candle breakout system

6
kingbrar407 wrote: Mon Sep 17, 2018 10:42 pm

you can use normal adx and set period 2
Hi Kingbrar,
Just found your thread, how about this ADX strategies going? are you still using this?
any development further.
i am very intersted with your idea, and i have the same opinion about your adx idea.
we can entry when the ADX cross down the 25 line, and get entry when the adx jump up above 25 line.

Best Regards,


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