Im now 75 & reaching the end of my trading days, Im no longer able to concentrate for any length of time, & need an expert to trade for me. Would either of you two guys be prepared to adapt the Expert Advisor attached below? I would like the following added to the: ADX Simple EA.
A trade can only be implemented when the ADX is above 25, & in the direction indicated by a moving average &also in the direction indicated by the Advance ADX , Also attached below. User inputs will be needed in the EA for the ADX, moving 50-ema-forex-trading-strategy average, & the advanced ADX. Please feel free to post the final EA, for anyone interested Thanking you all at FF 50-ema-forex-trading-strategy for your being there. You saved a one-time youngish man from some truly awful mistakes.
Recommended timeframe is H1, the default settings are for the GBPUSD currency pairs (for other timeframes and currency pairs, it is necessary to select other indicator settings). Exponential Moving Average: EMA (4) — blue Exponential Moving Average: EMA (13) — green Exponential Moving Average: EMA (50) — orange.
Stochastic Oscillator (12,9,5), levels — 20, 40, 60, 80. Stop loss is set at the distance of either 50-70 points, 70 by default, or below EMA (50) — whichever is 50-ema-forex-trading-strategy greater. - if FALSE, then trading is performed strictly according to the strategy. Stochastic 50-ema-forex-trading-strategy High Level - the upper level, the 50-ema-forex-trading-strategy overbought level of the Stochastic indicator. Stochastic Low Level robo wolf fx - the lower level, the oversold level of the Stochastic indicator.
Hopefully, the indicator parameters are self-explanatory. Metatrader 50-ema-forex-trading-strategy traders dynamic index expert advisor that can trade with the trend based on the TDI indicator and (optional) moving averages, stochastic and price action. Identify the trend using 50-ema-forex-trading-strategy the TDI indicator (or moving averages) Enter and close trades based on the 50-ema-forex-trading-strategy TDI indicator (or moving averages) Manage the lotsize, trail the price, restrict trading by dayssessions etc. There are multiple ways to determine the trend: the yellow moving average slope, its position towards the 50 level forex system strategies 50-ema-forex-trading-strategy or the redgreen lines trade the price action - forex trading system position regarding the yellow line.
For example, as the price goes long flex stops adding more and 50-ema-forex-trading-strategy careful buying of smart money. Greenback under maintenance, closing or deleting orders and newbies looking for a long.50-ema-forex-trading-strategy Number.
In the chart above the 50-ema-forex-trading-strategy TDI EA is instructed to follow the 50-ema-forex-trading-strategy trend based on the MA Trend moving average (sell below the MA) and open trades based on the TDI green moving average slope; when the green line falls instead of rising, the EA opens a short trade. If thered be an uptrend, the EA would open a buy instead of a sell whenever the green line would start rising. The exit criteria is the intersection between the TDIs green and red lines. Notice how the latest basket of three sells closed when the exit signal happened. Although it might look like it is 100 pip forex strategy a loss in profit due to the first trade closing in negative profit, this is compensated by the profits from the other two trades, because the EA is set to close trades only when their profits reach the Minimum Profit.