LoveRe: ! - GENIE My strategies

#2
i am hope this's method use day 4chart base scalping market
pls help me more improve my system..........give me genie idea
cheer all guys pls check my system........

example
Picture1.jpg
photo_2017-12-17_22-01-29.jpg

Re: ! - GENIE My strategies

#4
Interesting looking strategy Saranga. I like how you have detailed the photos and also on how you use the ADX.
Thank you for sharing with us :clap:
Trade with the broker that supports our work! FBS are offering $140 to get you started! Click, here to begin live trading, today.
No commissions are earned by Forex-station.


The brand new FBS Forex Calendar 🗓️
How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: ! - GENIE My strategies

#5
Jimmy wrote:
Mon Dec 18, 2017 9:35 pm
Interesting looking strategy Saranga. I like how you have detailed the photos and also on how you use the ADX.
Thank you for sharing with us :clap:

The Average Directional Index, or ADX for short, is another example of an oscillator.

It fluctuates from 0 to 100, with readings below 20 indicating a weak trend and readings above 50 signaling a strong trend.

Unlike the stochastic, ADX doesn’t determine whether the trend is bullish or bearish. Rather, it merely measures the strength of the current trend.

Because of that, ADX is typically used to identify whether the market is ranging or starting a new trend.
Take a look at these neat charts we’ve pulled up:

ADX used on a downtrend

In this first example, ADX lingered below 20 from late September until early December.

As you can see from the chart, EUR/CHF was stuck inside a range during that time.

Beginning in January though, ADX started to climb above 50, signaling that a strong trend could be waiting in the wings.
And would you look at that! EUR/CHF broke below the bottom of the range and went on a strong downtrend. Ooh, that’d be around 400 pips in the bag.

Book it, baby!

Now, let’s look at this next example:

ADX used on an uptrend

Just like in our first example, ADX hovered below 20 for quite a while. At that time, EUR/CHF was also ranging. Soon enough, ADX rose above 50 and EUR/CHF broke above the top of its range.

Tada!

A strong uptrend took place. That’d be 300 pips, signed, sealed, and delivered
Picture2.jpg
Picture3.jpg


Re: ! - GENIE My strategies

#8
saranga wrote:
Mon Dec 18, 2017 8:16 pm
template file and indicator
Thanks a lot Saranga for sharing your strategy, but few indicators are not working in your TPL , i.e Arrow indi which is showing on the right bottom corner.

can you check & share it again



Thanks
Rider2025

Re: ! - GENIE My strategies

#9
rider2025 wrote:
Tue Dec 19, 2017 1:03 am
saranga wrote:
Mon Dec 18, 2017 8:16 pm
template file and indicator
Thanks a lot Saranga for sharing your strategy, but few indicators are not working in your TPL , i.e Arrow indi which is showing on the right bottom corner.

can you check & share it again



Thanks
Rider2025
it's work well my mt4 buddy...
my setting arrow indicator add manual
Picture10.jpg


  1. Similar Topics

    1. True Strenght Index (TSI) 6 BUY / SELL strategies

      17 Replies 4297 Views

      by Claywalker, Sun Feb 07, 2021 7:47 am in Trader's Lounge

      17 Replies
      4297 Views

Return to “Trading Systems”

Users viewing this forum: Ahrefs [Bot], Austin3, CaliNgu27, CommonCrawl [Bot], djost, euro_rapp, fadhayemustafa, FourXXXX, Gari369, kobi1953, mak, Meyney, MrYellow, Omgili [Bot], ParallelNative, Sogou [Bot], thomdel, trader2000, yoki and 28 guests