DOGErun incoming??Looks like DOGE retraced to 0.786 on the fib and is pushing back up to test highs. AXD / DI indicators have similar setup to the first run.
ADX
ADX Breakout strategy for insane returns on the GBPJPY 30minLike the EUR/USD this pair looks amazing on the ADX Breakout strategy once tuned properly. It even has far less draw down! The one thing i did notice is like what is shown on the chart. GBP/JPY does have a tendency to near the limit order and then make a run in the opposite direction occasionally. So in an attempt to see if i can trim losses while maintaining a high return. I will be testing this strategy live but with a trailing stop loss.
How to Select the Most Suitable Trading Indicators?
One of the most commonly asked question by novice traders is "what indicators should I use?" which is unsurprising given the vast array of available tools on a typical trading platform. Some traders prefer to crowd their charts with all sorts of indicators, whereas others prefer a more minimalistic approach.
While there is no perfect solution, one thing should be abundantly clear- the indicators you select should help you make sense of the price action rather than distract you. When it comes to the number of indicators one should use, the more does not necessarily mean the better.
In order to narrow down your options, you can use the following guidelines we have compiled for you so that you can diversify your options depending on the underlying market sentiment.
Is the market trending or ranging?
The first thing that needs to be determined is what the underlying sentiment is - is the market trending or range-trading. While a keen eye can catch the subtle difference between the two without the use of any indicators, the ADX (Average Directional Index) can be used to determine the strength of the trend.
Whenever the ADX is threading above the 25-point benchmark, this underpins a robust trending environment. Conversely, a reading of the index below this threshold indicates undetermined (ranging) market sentiment.
If the market is trending, focus on the underlying momentum
Price trends are by definition probing either lower or higher, which is why you need to track their changing strength as they develop. This is crucial for the implementation of trend-continuation or trend-reversal strategies.
Filling the chart with multiple moving averages with different periods does a perfect job of underlining the changing market bias over time. That is so because MAs can be used as floating supports and resistances, and the behaviour of the price action each time it probes a given MA highlights the changing nature of the trend.
The inability of the price to break down below one or several MAs in an uptrend can be perceived as an indication of persisting bullish commitment in the market. Hence, traders can use trend-continuation trading strategies and place long orders while the price probes the MAs. The opposite is true for downtrends.
The eventual probing and subsequent penetration of the price above (in uptrends) or below (in downtrends) MAs with higher periods signifies waning commitment in the market.
The gradual narrowing down of the space between various MAs followed by an eventual breakout/down underpins the possibility for using trend-reversal strategies. Also, keep in mind that MAs with higher periods are usually found at the bottom of the string in uptrends and on top of the bundle in downtrends.
If the market is ranging, bet on the Stochastic RSI
In ranging markets, in contrast, there is little need for moving averages, as the price action is naturally contained within a horizontal area. Instead of focusing on the direction of the price action, in this case, it makes more sense to study the discrepancies in the underlying buying and selling pressures.
The Stochastic RSI is among the best-fitted indicators to do this job, which is why it is most effective in strong ranging environments. It can be used to gauge the likely rebounds of the price action within the two extremes of the underlying price range.
If the ADX has been threading below the 25-point benchmark for quite a while and the Stochastic RSI is getting into one of its two extremes (overbought and oversold), this can be perceived by traders as a potential indication of imminent reversals in the direction of the price action.
SXP wait Momentum to moon, this ranges midtrend low by price actmany long-time SXP bullish trend by action following flow indicators like ADX DMI.
but we wait for this range for retail accumulation & distribution within ranges below and below by DMI action.
you know can setup Fibonacci support. if the SXP downtrend follows pricing Bitcoin so the resistance 2.5 cent.
Fib green : main midlong
Fib orange : main long setup
thx
GBPUSD - Combine: Keltner - ADX - Stochastic 23 Apr 2021k cross d breakout; stop/profit: 1.1/1.1, second: 0.6, Keltner confirm: Upper/Lower 1, Number cross: 1, reset keltner,
d value for long: 67, d value for short: 16; adx 30; 7, 7
* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
XAUUSD - Day trade by Keltner & ADX 22 Apr 2021* The result is reported from 1/1/2017 - present.
Strategy entries 2 orders. The first is with risk/reward 1/1 give the Percent profit 58%.
The second is at 70% Fibonacci in the First's zone (stoploss-profit). He has the risk/ratio = 1/3.3 and the Percentage Profit: 42%.
--------
Risk all: 1-3%.
Strategy was minus the fee by:
...Commission = 4 USD/trade.
...Slippage = 2 ticks.
* The signals are combined by 2 indicators Keltner Channel & The average directional index ( ADX ).
1. Long trend is confirmed when the close candle crossover the Upper 2 Keltner .
2. Short trend is confirmed when the close candle crossunder the Lower 2 Keltner .
3. ADX indicator below is used to performing the Entry by ADX crossing.
... When Keltner for Long is the crossover for Buy.
... When Keltner for Short is the crossover for Sell.
4. The Stop loss & Profit is with a ratio 1/1. It's calculated by Average True Range Indicator ( ATR) 20 bars.
GBPUSD - Combine: Keltner - ADX - Stochastic 21 Apr 2021* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6 . So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
GBPUSD - Combine: Keltner - ADX - Stochastic 19 Apr 2021k cross d breakout; stop/profit: 1.1/1.1, second: 0.6, Keltner confirm: Upper/Lower 1, Number cross: 1, reset keltner,
d value for long: 67, d value for short: 16; adx 30; 7, 7
* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
GBPUSD - Signal by Keltner - Stochastic & ADX 14 Apr 2021* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
Maruti is making a triangle formation and Bullish EngulfinMaruti is likely to break its resistance and shoot up.
Technical - Breaking RSI 40 and ADX showing strength and also forming Bullish Engulfin
BTCUSDT - Next target 64.126 USD will be soon * Historical statistics from 2018:
* Strategy will enter 2 orders, Order 2 will appear only when there is Order 1:
- Percent profitable of 1st order: 70.91%.
- Percent profitable of 2nd order: 54.37%.
- Average percent profitable: 62.64%.
- 12 consecutive wins.
- 4 consecutive losses.
Order 1: risk / reward ratio 1/1 used to determine if this rule is effective or not?
Order 2: Appears when there is order 1, Use take-profit and take-loss level of order 1 at Fibonacci 75%.
. * 1st Order conditions:
- Buy: When the ADX index cuts up to 49, check earlier if the closing price has cut up and is above the Upper 2 line, enter the Buy order.
- Sell: when the ADX indicator cuts up to 49, check before that if the closing price has cut down and is above Lower 2 then enter a Sell order.
* How to enter Order 2: When order 1 appears, there are always Stoploss and Takeprofit levels. Draw Fibonacci from take-profit and take-loss prices, Fibonacci retracement level = 75%
----------------
1. Trend identification:
Base on 4 emas: 10 - 20 - 50 - 100 Daily timeframe
- Channel Keltner:
... Uptrend: when the closing candlestick cuts up and is above the Keltner channel, the Upper Line 2
... Down trend: when the candle closes and falls above the Keltner Line Lower 2
*** Free reference and use:
Keltner Color count:
2. Rules of entry:
- Channel Keltner:
... Buy: Candlestick closing price cuts up and above the Keltner Upper 2.
... Sell: The closing price of the candle cuts down and is lower than the Keltner Below 2.
ADX indicator:
... Buy: The ADX value crossed to 49 and the close of the candle was higher than Keltner Upper 2.
... Sell: ADX value cuts to 49 and the close of the candle is lower than Keltner Below 2.
3. Stoploss and Profit = atr (20) * 2.
GBPUSD - Long signal by Keltner, Stochastic & ADX 13 Apr 2021k cross d breakout; stop/profit: 1.1/1.1, second: 0.6, Keltner confirm: Upper/Lower 1, Number cross: 1, reset keltner,
d value for long: 67, d value for short: 16; adx 30; 7, 7
* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
BTCUSDT - Target 61.644 USD will be retested* Historical statistics from 2018:
* Strategy will enter 2 orders, Order 2 will appear only when there is Order 1:
- Percent profitable of 1st order: 67.19%.
- Percent profitable of 2nd order: 53.19%.
- Average percent profitable: 61%.
- 12 consecutive wins.
- 4 consecutive losses.
Order 1: risk / reward ratio 1/1 used to determine if this rule is effective or not?
Order 2: Appears when there is order 1, Use take-profit and take-loss level of order 1 at Fibonacci 75%.
. * 1st Order conditions:
- Buy: When the ADX index cuts up to 45, check earlier if the closing price has cut up and is above the Upper 2 line, enter the Buy order.
- Sell: when the ADX indicator cuts up to 45, check before that if the closing price has cut down and is above Lower 2 then enter a Sell order.
* How to enter Order 2: When order 1 appears, there are always Stoploss and Takeprofit levels. Draw Fibonacci from take-profit and take-loss prices, Fibonacci retracement level = 75%
----------------
1. Trend identification:
Base on 4 emas: 10 - 20 - 50 - 100 Daily timeframe
- Channel Keltner:
... Uptrend: when the closing candlestick cuts up and is above the Keltner channel, the Upper Line 2
... Down trend: when the candle closes and falls above the Keltner Line Lower 2
*** Free reference and use:
Keltner Color count:
2. Rules of entry:
- Channel Keltner:
... Buy: Candlestick closing price cuts up and above the Keltner Upper 2.
... Sell: The closing price of the candle cuts down and is lower than the Keltner Below 2.
ADX indicator:
... Buy: The ADX value crossed to 45 and the close of the candle was higher than Keltner Upper 2.
... Sell: ADX value cuts to 45 and the close of the candle is lower than Keltner Below 2.
3. Stoploss and Profit = atr (20) * 2.
XAUUSD - Day trade by Keltner & ADX 8 Apr 2021* The result is reported from 1/1/2017 - present.
Strategy entries 2 orders. The first is with risk/reward 1/1 give the Percent profit 58%.
The second is at 70% Fibonacci in the First's zone (stoploss-profit). He has the risk/ratio = 1/3.3 and the Percentage Profit: 42%.
--------
Risk all: 1-3%.
Strategy was minus the fee by:
...Commission = 4 USD/trade.
...Slippage = 2 ticks.
* The signals are combined by 2 indicators Keltner Channel & The average directional index ( ADX ).
1. Long trend is confirmed when the close candle crossover the Upper 2 Keltner .
2. Short trend is confirmed when the close candle crossunder the Lower 2 Keltner .
3. ADX indicator below is used to performing the Entry by ADX crossing.
... When Keltner for Long is the crossover for Buy.
... When Keltner for Short is the crossover for Sell.
4. The Stop loss & Profit is with a ratio 1/1. It's calculated by Average True Range Indicator ( ATR) 20 bars.
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"Use the link below to obtain access to this indicator" or "PM us to obtain access"
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XAUUSD - Day trade by Kelter & ADX 6 Apr 2021* The result is reported from 1/1/2017 - present.
Strategy entries 2 orders. The first is with risk/reward 1/1 give the Percent profit 58%.
The second is at 70% Fibonacci in the First's zone (stoploss-profit). He has the risk/ratio = 1/3.3 and the Percentage Profit: 42%.
--------
Risk all: 1-3%.
Strategy was minus the fee by:
...Commission = 4 USD/trade.
...Slippage = 2 ticks.
* The signals are combined by 2 indicators Keltner Channel & The average directional index ( ADX ).
1. Long trend is confirmed when the close candle crossover the Upper 2 Keltner .
2. Short trend is confirmed when the close candle crossunder the Lower 2 Keltner .
3. ADX indicator below is used to performing the Entry by ADX crossing.
... When Keltner for Long is the crossover for Buy.
... When Keltner for Short is the crossover for Sell.
4. The Stop loss & Profit is with a ratio 1/1. It's calculated by Average True Range Indicator ( ATR) 20 bars.
USDJPY - Pivot - Keltner - Sto - ADX 1 April 20211. Identify the trend
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The following peak is higher than the previous one .
- HL / Higher Low: The back bottom is higher than the previous one .
Downtrend:
- LL / Lower Low: The back bottom is lower than the previous one .
- LH / Lower High: The posterior peak is lower than the previous one
b. Keltner price channel:
- Uptrend: Go above Upper 2
- Downtrend: Down to Lower 2
* Under Chart:
Stochastic indicator: 21 past candles
- Uptrend: Index K and D surpass 80
- Buy zone: Index D is large 80.
----------------------------
- Downward trend: K and D indexes go down to 20.
- Sell zone: Index D is less than 20.
RSI indicator: 21 past candles
- Uptrend: value exceeds 80 | - Downward trend: value exceeds 20.
ADX indicator: Used to identify a strong trend
- ADX smooth: 9. - DI: 9
2. Entry point:
- Buy: wait to buy on the Basis Keltner channel.
- Sell (sell): wait for sell at the Basis Keltner channel.
3. Take profit, stoploss
ATR indicator (20) ( Average true range ) * 2
CADCHF | Dow - Keltner - RSI - Stochastic - ADX 1 April 20211. Identify the trend
* On the chart:
a. Part of Dow theory: multi-trades active at the impulse waves.
Uptrend trend:
- HH / Higher High: The following peak is higher than the previous one.
- HL / Higher Low: The back bottom is higher than the previous one.
Downtrend:
- LL / Lower Low: The back bottom is lower than the previous one.
- LH / Lower High: The posterior peak is lower than the previous one
b. Keltner price channel:
- Uptrend: Go above Upper 2
- Downtrend: Down to Lower 2
* Under Chart:
Stochastic indicator: 21 past candles
- Uptrend: Index K and D surpass 80
- Buy zone: Index D is large 80.
----------------------------
- Downward trend: K and D indexes go down to 20.
- Sell zone: Index D is less than 20.
RSI indicator: 21 past candles
- Uptrend: value exceeds 80.
- Downward trend: value exceeds 20.
ADX indicator: Used to identify a strong trend
- ADX smooth: 9
- DI: 9
2. Entry point:
- Buy: wait to buy on the Upper Keltner channel.
- Sell: wait for sell at the Lower Keltner channel.
3. Take profit, stoploss
ATR indicator (20) ( Average true range ) * 2
GBPUSD - Long signal by Keltner, Stochastic & ADX 31 Mar 2021k cross d breakout; stop/profit: 1.1/1.1, second: 0.6, Keltner confirm: Upper/Lower 1, Number cross: 1, reset keltner,
d value for long: 67, d value for short: 16; adx 30; 7, 7
* Take advantage of the 59% success rate of order 1 to enter position 2 with a higher Risk / reward ratio,
- Command 1: risk / reward 1/1. 59% success percentage.
- Order 2: risk / reward: 1 / 1.5 If you use Fibonacci retracement, it is 0.6 or 60%. Percent success 51.5%.
- Number of consecutive wins in the past: 9.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
-------
Max risk: 2%.
1. Trend identification:
... Keltner: Price through Upper1 / Lower 1 gives 1 point.
...... Uptrend: If price crosses above the close on Upper 1.
...... Downtrend: If the price goes down once, closes below the 1st line.
... Stochastic:
..... d> 67 for Buy, d <16 for Sell
... ADX: 30 indicates strong trend trend.
...... ADX smooth: 7.
...... DI length: 7.
2. Entry point:
... Buy (BUY): When k cut up D in an uptrend, when D> 67.
... Sell (SELL): When k cuts D in a downtrend, when D <16.
EURUSD - Signal by ADX, Stochastic & Keltner Channel 31 Mar 2021* Take advantage of a 60% success rate of order 1 to enter position 2 with a higher risk/reward ratio,
The bot always gives the entry point to the order first so that the Trader knows how to place the order, every hour will update the entry price of the order once.
- Order 1: risk/reward 1/1. Percent success 60%.
- Order 2: risk/reward: 1 / 1.86 If you use Fibonacci retracement, it is 0.65 or 65%. Percent success 47%.
- Number of consecutive wins in the past: 13.
- Number of consecutive losses in the past: 6. So to avoid psychological influence, choose risk = 1% x 6 = 6% for 1 trading signal.
Currently, the Bot assumes 2% (orders 1: 1%, orders 2: 1%)
- Commission: 4 USD/trade.
- Slippage: 2 ticks.
--------------------
Max risk: 2%
1. Trend identification:
... Keltner channels: Price Through Upper / Lower 1 gives 1 point. 2 points are eligible for entry.
... Stochastic indicator:
...... k> 80: Uptrend. k< 20: Downtrend.
...... d>75 when Buy, d<40 when Sell
... ADX indicator: 31 provides a strong trend following signal.
2. Entry point:
... Price corrects to Upper / Lower when 3 conditions Keltner, Stochastic & ADX indicator meet.
3. Not trade Friday.
BTCUSDT - Follow the trend by Keltner & ADX 28 Mar 2021Strategy still holds the trade.
Stop loss is moving to follow the trend.
Higher High - Higher Low is activated.
1. How to use Keltner Channel
a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD.
b_ How to confirms a trend.
- Upper 2 is used to confirm Keltner channel at Uptrend.
- Lower 2 is used to confirm Keltner channel at Downtrend.
c. How to determine a swing Entry.
_ Upper 1 is used to buy when the market make a corrective.
_ Lower 1 is used to sell when the market make a corrective.
2. Long signal is confirmed when Closed of candle crossover the Upper 2.
3. Short signal is confirmed when Closed of candle crossunder the Lower 2.
4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars)
Stoploss = previous Close +/- atr(20)x2
-> To move the stoploss every 1 hour.
5. Filter the Candle is over 93% for Not Entry.
EURUSD 1H ADX TRADING STRATEGYADX STRATEGY RULES
1 - Add ADX & RSI Indicators to chart.
2 - Add Horizontal line with Coordinates of 25 to ADX.
3 - Wait for RSI to go below oversold 20 level.
4 - Wait for ADX line to rise above 25 level for ENTRY.
5 - SL above Fractal High.
6 - TP EXIT when ADX falls below 25 level.
