The "Enveloppe ADX" Forex Strategy
July 28, 2016, 7:16 PM
Strategies
12 Comments
Hi all,
This strategy is very similar to the “Nice Price” Forex Strategy that I’ve just published.
It applies on EUR/USD, H1 timeframe (other pairs / timeframes should be also profitable).
We go LONG if :
- high > Enveloppe sup (20, 0.4%) and close > Enveloppe sup`
- ADX40 > 10
- DI40+ > DI40-
- SL : 30 pips / TP : 10 pips
So it’s a scalping strategy.
It’s not the Holy Grail… but it works.
Defparam Cumulateorders = false
n = 5
// ENVELOPPES
EnveloppeSup = Average[20](close)*1.004
EnveloppeInf = Average[20](close)*0.996
// ACHAT
ca1 = ADX[40] > 10
ca2 = DIplus[40](close) > DIminus[40](close)
ca3 = high > EnveloppeSup and close < EnveloppeSup
IF ca1 AND ca2 AND ca3 THEN
BUY n SHARES AT MARKET
ENDIF
// VAD
cv1 = ADX[40] > 10
cv2 = DIplus[40](close) < DIminus[40](close)
cv3 = low < EnveloppeInf and close > EnveloppeInf
IF cv1 AND cv2 AND cv3 THEN
SELLSHORT n SHARES AT MARKET
ENDIF
// Stops et objectifs
SET STOP pLOSS 30
SET TARGET pPROFIT 10
Download
Filename:
ENVELOPPE-ADX-Forex-Strategy.itf
Downloads:
636
Master
Hello, I'm Marc.
Nice to meet you.
Author’s Profile
Loading...