Discover How to Earn Big Cash from the Forex Market, Bitcoin and Cryptocurrency as Easily as Turning a Water Faucet?
I will show you in my post a powerful trading strategy that will help you predict the market direction and open profitable trades at the correct time. This will help you earn good money through your intra-day trading "%90 Success rate". The best part is that you can use this strategy successfully with all major Currency pairs, Bitcoin and Cryptocurrency as well.
System Requirements:
Identify Trend direction:
100 SMA "Exponential Moving Average", setting to close. Use it to identify Market trend direction. (Yellow).Measure Market Momentum:
Use the following 2 Short term moving Averages to Measure the Direction of PRICE:- 8 EMA "Exponential Moving Average", close (Red Color).
- 13 EMA "Exponential Moving Average", open (Blue color)
ADX Indicator "Average Directional Movement Index" to Measure the
Strength of the Market:Default setting is OK.
Main Strength line (White color) above 20 ==> the market is strong.
+D1 buy Confirmation signal (blue color)
-D1 sell confirmation signal. (Red color)
I will add 5 horizontal Trend lines to the indicator "10, 20, 25, 30, and 40". Just do a right click on the indicator, select Levels and click add each time.Identify the current trade direction:
Use Parabolic Sar (White point).
Please test this strategy at least 3 days in your demo account with your favorite Trading Choice (Currency pairs, Bitcoin and Cryptocurrency). You should achieve %90 success in your free account before opening any live trade.
BUY Signal:
Before opening a BUY Trade the following conditions should be confirmed:
- Parabolic Sar below candle sticks "uptrend"
- 8 EMA CROSSED 13 EMA UP or above 13 EMA.
- ADX moving up crossing 20 or it is already above 20 (white color).
- +D1 moving up above 20 (Blue color).
- -D1 moving down below 10 (Red color).
NOTES: Trend Continuation
Sometimes you will find that +D1 (Blue color) is changing direction to below 20 while ADX is still above 20 without retracing and the Parabolic Sar still uptrend. Do not close the trade but always determine a stop loss. Just be careful when ADX Strength indicator (white color) retrace below 20 and -D1 retrace above 10 (Red color), in this case you have to close the trade immediately.
Whatever your Trading Choice (Currency pairs, Bitcoin and Cryptocurrency), you should test the strategy in your FREE Demo account and master it before getting into live trading.
Sell Signal:
Before opening a SELL Trade the following conditions should be confirmed:
- Parabolic Sar above candle sticks "downtrend"
- 8 EMA CROSSED 13 EMA down or below 13 EMA.
- ADX moving up crossing 20 or it is already above 20 (white color)
- -D1 moving up above 20 (Red color)
- +D1 moving down below 10 (Blue color)
NOTES: Trend Continuation
Sometimes you will find that -D1 (Red color) is changing direction to below 20 while ADX is still above 20 without retracing and the Parabolic Sar still Down trend. Do not close the trade but always determine a stop loss. Just be careful when ADX Strength indicator (white color) retrace below 20 and +D1 retrace above 10 (Red color), in this case you have to close the trade immediately.
Whatever your Trading Choice (Currency pairs, Bitcoin and Cryptocurrency), you should test the strategy in your FREE Demo account and master it before getting into live trading.
Please be advised that I am not financial advisor. All information provided in this post for Educational purposes only and never represent in any form as financial advice.
Legal Disclaimer:
NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.
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