Yes,it is a good strategy as a range in the profit.ADX is very much important.
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Yes,it is a good strategy as a range in the profit.ADX is very much important.
It is mean that we should invest less than pocket capacity we should not earn more but safely and constantly . then you will not be a unsuccessful trader.
I think it will give me profit in my real account as like demo.Thanks brother for good strategy.Yes brother it's a good strategy.I try it few days in my demo account and find a good result.I will set it in my real account.
We will look for pairs with an ADX below 25.
2. For BUY signal, I知 looking for a cross up and over -100
3. For SELL signal, I知 looking for a cross down and through +100
As with any strategy, please backtest before trading.
Happy trading!
The both indicators are market indicator did you think that it really good idea to trade on the basis of two market indicators and never add a laggind indicator to confirm the signals.
If i follow this strategy then i must add Parabolic SAR and RSI to confirm the signals.
I've played with this technique .. He calculates the average daily range .. monthly. Weekly. even per 1 hour ..Quote:
Originally Posted by babu7775
from there we can know .. Eur usd instance when already moved 60 pips today from a high - low her .. we can see the range of its average number of pips .. if for example the average range is 100 pips .. Eur usd means will move 30 pips longer possible. up or down .. break through the low .. or break high
this will be the very first time i hear about that strategy i think i can really understanding this and i just have to try this in my demo account to see how far this can go in my direction and i shall give you the feedback when am true in my demo account.
A trading range is when a security trades within a given high and low period for a given period of time. This back and forth price movement between extremes generates a trading range. ( thanks)
Strategy:
1. We will look for pairs with an ADX below 25.
2. For BUY signal, I知 looking for a cross up and over -100
3. For SELL signal, I知 looking for a cross down and through +100
As with any strategy, please backtest before trading.
Happy trading!
awesome strategy, i really liked it,
i will be start following it.
but i guess i need some practice using it with demo first will put confidence in me. to use it with real acocunt