New clips top searched Stock Markets, Fading Market, and Ma Crossover EA, I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲.
I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲
In today’s video we go over a simple ADX trading strategy that I have found on YouTube, the author of this strategy claimed that it works 92% of the time, we have previously made videos on this channel where we back tested an ADX trading strategy 100 times together with other indicators, the win rate wasn’t as high as 92% which is the reason that pushed me to build an Expert advisor and test this ADX trading strategy.
Make sure to watch the entire video to get the full picture. We are backtesting this strategy with the help of an expert advisor that was programmed to place trades based on the ADX and DMI trading strategy we are discussing in this video. ADX stands for the average directional movement index.
Before we back test this strategy, we will go over it quickly and explain how the ADX and DMI indicators are supposed to be used.
Last week I came across a video on YouTube where an ADX trading strategy was discussed, I was surprised as the author of the video claimed that this strategy works 92% of the time.
That’s probably a very profitable strategy, but what if we backtest it using an Expert advisor? are we looking at a holy grail strategy? continue watching to know and don’t forget the usual thumbs up if you enjoy this kind of video.
All Forex traders strive to build their profitable strategies, but this day is your lucky day! We’re going over a simple ADX strategy with some examples for you to practice this trading method. This strategy seems to have a success rate of 92%, so basically if you place 100 trades, 92 of them will end up hitting the take profit. let me first share with you this strategy before we backtest it using an expert advisor.
No worries, I will share with you the expert advisor for absolutely free, especially if it does work.
The principles of the Average Directional Index or ADX can apply to almost all tradable assets including Forex pairs, Stocks, mutual funds, and even futures contracts. ADX has become an exceptionally useful indicator for traders as it helps determine when the price is trending strongly.
in many cases, it is the ultimate trend indicator. After all, the trend may be your friend, but it sure helps to know who your friends are.
Before we go any further. let’s add the indicator to our chart.
If you are on Tradingview, you can simply hit on indicators and search for the “Directional Movement Index”, Once you find it, simply double click it and you will notice that it has been added to your chart.
The directional movement index (DMI) is a technical indicator that measures both the strength and direction of a price movement and is intended to reduce false signals.
DMI helps in determining the price direction and the strength of the movement. It does so by comparing the current price with previous lows and highs, drawing lines of positive directional movement (+DI) and negative directional movement (-DI).
In general, the larger the spread between the two primary lines +DI and -DI the stronger the price trend. If +DI is way above -DI the price is on an uptrend.
On the other hand, If -DI is way above +DI then the price trend is strongly down.
The ADX measures the strength of the trend, either up or down; a reading above 25 indicates a strong trend.
Many traders will use ADX readings above 25 to suggest that the trend is strong enough for trend-trading strategies. Conversely, when ADX is below 25, many will avoid trend-trading strategies and will probably wait for a breakout or simply use a sideways trading strategy.
If you are using a momentum trading strategy and the ADX reading is above 50, you might avoid exiting the market as there are high chances that the trend will continue.
The ADX trading indicator is a dynamic way to look at the price action.
As you can see here, Low ADX is usually a sign of accumulation or distribution.
When ADX is below 25 for more than 30 bars, price enters range conditions, and price patterns are often easier to identify especially on high time frames.
Price then moves up and down between resistance and support to find selling and buying interest, respectively. From low ADX conditions, the price will eventually break out into a trend. That’s the usual phrase that follows any price consolidation.
Download the Indicator:
Link + Password (here): https://bit.ly/2YjWvMB
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Ma Crossover EA, I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲.
Trend Following Forex – 3 Easy Steps To Catching Huge Profits
Consider the MA as the same thing as the cockpit console on your ship. The second line is the signal line represented as %D. %D is an easy moving average of %K. In this action, you might increase your cash and gold allocations even more.
I TESTED a 92% Win Rate ADX Trading Strategy with an Expert Advisor – SURPRISING RESULTS 😲, Explore more full length videos related to Ma Crossover EA.
Trading Volume-Window To The Soul Of Markets
Traders look to find the optimal MA for a specific currency set. Assistance and resistance are levels that the market reaches prior to it turns around. Utilizing indicators for forex trading is important.
Would not it be good if you were only in the stock market when it was increasing and have everything transferred to money while it is decreasing? It is called ‘market timing’ and your broker or monetary organizer will inform you “it can’t be done”. What that person simply informed you is he does not understand how to do it. He does not know his job.
“Remember this Paul,” Peter Moving Average Trader stated as they studied the long term chart, “Wealth comes from looking at the big image. Many individuals think that holding for the long term suggests permanently. I prefer to hold things that are increasing in value.If the pattern turns down, I take my money and wait till the trend shows up once again.
Buy-and-hold say the professionals. Buy-and-hold state the advisors who make money from your financial investment purchases though commissions. Buy-and-hold state most shared fund companies who make money from load costs so many in variety it would take too much space to list them all here. Buy-and-hold state TV analysts and newsletter publishers who’s customers already own the stock.
It’s appealing to begin trading at $10 or $20 a point just to see how much cash, albeit make-believe money, you can Forex MA Trading in as brief a time as possible. However that’s an error. Then you ought to treat your $10,000 of make-believe cash as if it were real, if you’re to discover how to trade currencies successfully.
Taking the high, low, open and close values of the previous day’s rate action, strategic levels can be determined which Stocks MA Trading or may not have an impact on price action. Pivot point trading puts emphasis on these levels, and utilizes them to guide entry and exit points for trades.
If you use information given by FXCM, you will have the ability to see the pattern among traders of forex. Day-to-day profit and loss changes reveal there is a large loss and this means traders do not benefit and end up losing cash instead. The gain each day was just 130 pips and the greatest loss was a drop of over 170 points.
This trading tool works much better on currency set cost history than on stocks. With stocks, price can gap up or down which causes it to provide false readings. Currency set’s price action hardly ever spaces.
A way to determine the speed or significance of the move you are going to trade against. This is the trickiest part of the equation. The most common way is to determine the slope of a MA versus an otherwise longer term pattern.
There you have the two most crucial lessons in Bollinger Bands. The goal is to make more earnings using the least amount of take advantage of or danger. It simply might save you a great deal of money.
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