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.
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
Comments
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what is diplus diminus please
@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?
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
does anyone know if the issue with the TP/SL is resolved ?