ADX strategy with NASDAQ 30-minutes timeframe

ADX strategy with NASDAQ 30-minutes timeframe

Good morning, I am grateful to this community for the wealth of ideas it provides. As a token of my gratitude, I am posting my first humble contribution: a strategy based simply on the ADX indicator and applied to the 30-minute Nasdaq index (but it can be adapted to other indices by optimising k, u, stop loss and gain). It only operates in the first part of the week and closes on Thursday. Comments and advice are welcome. Thank you.

Here is the code:

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

avatar
Register or
Related users ' posts
gabri Agree. Many of those indicators are using very similar ideas. ADX is a very powerful and und...
Marcel But still it is a (lagging) derivation of price itself.
gabri All the indicators are lagging because they are all based on historical data.
flodefacebook Merci Nicolas pour cet indicateur. Très utile dans une technique de retournement.
HeikinAshi thank you for this very interesting indicator Nicolas! did you define a tradable setup fo...
nwesterhuijs Thanks, only saw it just now.
juanj For the latest version and discussions see the Ichimoku thread here: https://www.prorealcod...
Louwrens Hi Juanj. Thanks for this. I am tying it as we speak. It does not trade that often, which is...
Maz
9 years ago
Francesco78 very nice, thanks!
Wilko Interesting! Thanks for sharing!
BjornH Extremely nice, thanks!
Francesco78 Hi Pepmartorell, please let's continue the discussion on the forum thread so that we can sha...
Francesco78 Hi Pepmartorell, please let's continue the discussion on the forum thread so that we can sha...
Jusmih1 Hi there, i am looking at your Strategy however when you put in automatic trading mode its ...
finplus Thanks for the job. Which variables do you suggest for timeframe 1 hour? 
Maz Depends massively on your market and the volatility. I suggest using the variable optimizer ...
1Randy This a great momentum filter! I would like to see volume momentum incorporated into the indi...
Naren Yanan what is    diplus  diminus  please
Barney Has anyone tested this algon now when PRT 10.3 was released?
Yngve does anyone know if the issue with the TP/SL is resolved ?
Investment Account Wow great thanks ... looks good! Do I set the colour shades up from within the indicator 's...
avatar
Anonymous Thanks for your comments and yes, that is exactly how I set up the colour levels.
Vish Thanks I have added this in my watch list. Has anyone tried it yet ? Does it work on currenc...

Top