The “Enveloppe ADX” Forex Strategy

The “Enveloppe ADX” Forex Strategy

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.

 

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?

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

  1. Madrosat • 07/28/2016 #

    Il y a des entrées et sorties sur la même bougie
    donc le probacktest  n’est normalement pas bon  !!!
    Qu’en pensez vous ??
    Madrosat

  2. ladefense • 07/28/2016 #

    Arretons de poster des systemes  ou il y a des entrées et sorties sur la même bougie , c est de la pure perte de temps  !

  3. ladefense • 07/28/2016 #

    Arretons de poster des systemes  ou il y a des entrées et sorties sur la même bougie , c est de la pure perte de temps  !
    juste pour avoir une belle equyity curve qui est fausse .
     

    • Fabio Anthony Terrenzio • 07/28/2016 #

      A volte un sistema affetto da questo problema (entrate e uscite nella stessa candela) quando usato in una situazione di trade reale può portare dei profitti

  4. Wilko • 07/28/2016 #

    Beginner’s mistake to fall into one of PRT’s backtesting most obvious drawbacks: You cannot have TP and SL withing same candlestick. PRT backtest will always go for TP before SL. The equity curve indeed indicates a holy grail, but it is not. 

  5. DonDollar • 07/28/2016 #

    What can we do to avoid this TP/SL mistake?

    • Philip Raphael • 07/28/2016 #

      @Wilko, which changes would you suggest then? This system works. But hardly on 1h basis, I changed it to 1 day and it’s excellent here with many currencies and indices. Could you please help me here?

  6. JakeDB • 07/28/2016 #

    Hi Guys, 
    Is there a solution to the TP/SL mistake, i am ready to try a few codes live but want to make sure im not set for disaster.

  7. Wilko • 07/28/2016 #

    The TP/SL issue should be resolved (at least partly) in PRT v10.3, which I understand will offer Look-Inside-Bar option in the backtest

  8. Naren Yanan • 07/28/2016 #

    what is    diplus  diminus  please

  9. Barney • 07/28/2016 #

    Has anyone tested this algon now when PRT 10.3 was released?

  10. Yngve • 07/28/2016 #

    does anyone know if the issue with the TP/SL is resolved ?

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Varadero54 Bonsoir Anthon et merci pour les indicateurs qui semble particulièrement pertinents ... Po...
supertiti Bonjour Anthon...y ? On est vraiment tout près de ce que propose Julien , sur sa dernière...
anthon Salut à tous et merci ! Content que les indicateurs vous plaisent . Abonnez vous à ma page y...
Pinus Nicolas you are the best. Always!
Larenzu Bonjour Nicolas, Merci pour ce bel indicateur. Que donne t-il en backtest ?
Nicolas Aucune idée, c'est une traduction fidèle d'une stratégie de trading manuel qui a été demand...
Theo Salut, qu'elle est ta définition de niveau institutionnel et comment les trouves tu?
Etops Hello, les niveaux sur lesquels il y a des réactions fortes de la part des banques, les nive...
Theo D'accord merci
luigiR hi, can you explane how to try to launch with pro order? good job
ricky1028 hI, I'm a beginner of ProRealTime, when i try to launch automatic trading, it pops up the me...
Gubben Apparently there is no support for partial closing. If you want to modify to be viable, remo...
xpiga I don't know I suppose you can attach the picture... Any new ideas to improve the code are ...
TempusFugit Sorry but I don´t see any option to attach the picture here... not sure but I think that´s...
rama Trailing stop wont work, will keep moving with price
Vinks_o_7
4 months ago
Lafras very late to identify signal
nader003 Hi .. how can we get this indicator for MT4 platform
Nicolas You can ask for private custom coding to our programming services: https://www.prorealcode.c...
sharksteven Hi BALMORA, looks like a good compliment algorithm. I tried to test it on the EUR USD but it...
kompiuter Hello, how did you optimized all these variable? If I try to optimize only two variables it...
rrenaud_ig Great work ! My only concern is about risk management. Your results are based on 10k. Max lo...
juanj DId some tests using MACD validations on higher timeframes using MTF functionality and unfor...
FREDNC Hi Francesco I tried with :
FREDNC adx[14]>adxmin and adx[14] > adxr[14] and adx[14]>adxmin and adx[14] DIminus[3](clo...
Nicolas Try to restrain to trading hours when Volumes are present (customized trading hours: righ cl...
Choliver Bonsoir Nicolas, Merci pour cet indicateur. Même s'il n'y a officiellement pas de volume s...
Maik2404 es sind leider nur long Positionen und keine Short zu erkennen.
Maik2404 Vytautas: es bleibt aber nur bei long Auslösungen
ullle73 this one is not a winner, have backtested it on almost all pairs, does not have an edge
Bard Thanks for this great addition. How would you "finish the syntax" if you were to use an ALMA...
Bard Problems with Safari latest s/ware and this site and links and adding code. Let me add the...
Nicolas Yes, that's how it goes when using loops..
JosephFelix Hi, Could I please have help with adding these indicators 'on price'? Every indicator that I...
Nicolas Just add it on price by clicking the wrench on the left upper side of the price chart.
Nicolas Should not if adxlen variable is superior to 0.
AussieTrader Nicolas, Can you explain the numerator logic - e.g. Line 35 is (sTR[1] - sTR[1]) which wo...
Nicolas You are right, this is useless. Since I converted it from another programming language, I a...
pableitor Hola Domenec, un indicador muy original y util que ciertamente añade mucha informacion a la ...
Domenec Hola Pableitor porque aqui lo que pretendo es programar un nuevo codigao mas ajustado para q...
Juanjo Hola Domenec. He visto en los videos que hablas continuamente de mercado de futuros con grá...
AGTrader Interesante, muy visual Doc. Felicidades!!!
Andraxx simplemente impresionante Dom...te sigo en youtube. Me ha gustado tu canal. Gracias por comp...
Steven Hi im looking for some help to put a automated code together BUY ORDER If EMA 10/25 is...

Top