How Pips forex Double The Account In 1 Day? You can help thousands improve their trading!
Who’s online There are currently 56 users online. Submitted by User on June 4, 2009 – 04:24. Hello Edward – Here is another strategy your viewers may like. Strategy by : Navin Prithyani www. ADX Indicator or Average Directional Movement Index gives you a reading of how strong the market is trending. We will use this to our favor and combine it with Fractal Indicator to pick a high probability trade. These indicators can be found by default in your indicators list on your Metatrader 4 platform.
To explain it easier, a Up Arrow Fractal forms when there is a lower high on both sides of a candle. When the ADX is trending by seeing the blue line rising steadily, we look for Fractals to jump in the trend. We do not take all Fractals, only the ones with tails pointing to the Fractal. Let me explain this in a bit more detail and as simple as possible with some examples. I will also be posting a video tutorial with this to help understand this method. When you see this Down Arrow Fractal, enter Long.
Place stops 5 pips below the low of the Fractal Candle. Exit using proper money management or upon the cross of the dotted green and red lines in the ADX. When you see this Up Arrow Fractal, enter Short. Place stops 5 pips above the high of the Fractal Candle.
Submitted by User on April 10, 2013 – 16:10. Submitted by User on May 27, 2012 – 02:38. Submitted by User on May 6, 2012 – 10:42. I’m a newbie in forex and have been following your posts these days and i am really grateful for that, but i have some questions.
2 month it will be a uptrend and i open a 0. 0001 and after 2 month it will be 1. 2 month , there will be many fluctuations, so the question is , are there any possibilities that my account get call margin because of these fluctuations, although my prediction will come true ? Submitted by User on March 27, 2012 – 10:29.
This guy just handpicked these trades. He entered while the ADX is going down for both trades. If ADX is going down, this means that the strength of the trend is getting weaker. Submitted by User on February 11, 2012 – 10:02.
Hello, Please I will like to ask, which of the candle stick can one use in identifying the fractals to use, is it the Long candle or short candle. I watched the vedio and noticed that its the short candle that was used for the two illustration. Submitted by User on November 22, 2011 – 02:17. You need support from your broker – FXCM. Submitted by User on November 21, 2011 – 21:17.
DI and -DI in my ADX indicator. Submitted by User on July 16, 2010 – 12:50. The Fractal is a 5 bar pattern, so you cant really enter on the open of the second bar of the pin bar, you will have to enter on the close of the 2nd bar. This still maybe ok as a strategy but you cant back test this unless you use the close of 5th bar. Submitted by User on June 18, 2010 – 07:54.