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Attachments: Daily Trading Strategy [ADR + RSI = High Probability]
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Daily Trading Strategy [ADR + RSI = High Probability]

Quoting Gabrielcosta
Hi guys I will test this setup, what time you operate this strategy ? Im not found here.
IMO, I find that most setups happen around the NY session. Just go back on the charts and have a look at where you get the arrows after a big price move. I've only been trading this particular strategy on demo just to see how it goes just this week, but that's what Ive seen so far.
Green pips to all
Quoting meck1
Gold 50pips tp before{image} after{image}
This blue lines is a indicator?
audnzd 15 pip tp
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"Cut your loses short and let the winners Run"
chfjpy stopped out sl -20

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"Cut your loses short and let the winners Run"
Quoting Gabrielcosta
{quote} This blue lines is a indicator?
thats my spread indicator, i tried changing colour but it ddnt work
"Cut your loses short and let the winners Run"
Quoting meck1
{quote} thats my spread indicator, i tried changing colour but it ddnt work
I'm talking about another blue line. these two that I drew the arrow.
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Quoting meck1
audnzd 15 pip tp before{image} after{image}{image}
++++++++++++++++++

AudNzd was the only one that got the memo.

In GU sell now. It's been a rough ride but finally moving back into profit, wee bit.
Quoting diamonddbw
{quote} ++++++++++++++++++ AudNzd was the only one that got the memo. In GU sell now. It's been a rough ride but finally moving back into profit, wee bit.
GBP USD ddnt change my ADR colour but yea setup playing out
"Cut your loses short and let the winners Run"
audjpy tp 15
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"Cut your loses short and let the winners Run"
Quoting Gabrielcosta
{quote} I'm talking about another blue line. these two that I drew the arrow. {image}
ohhh thats the adr indicator, it changes from red to blue when hit
"Cut your loses short and let the winners Run"
Quoting meck1
{quote} GBP USD ddnt change my ADR colour but yea setup playing out
++++++++++++++++++++++++

I did fudge a wee bit.
UsdCad Tp 15 pips

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"Cut your loses short and let the winners Run"
Audusd Tp 15 pips

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"Cut your loses short and let the winners Run"
Excellent screenshots from everyone

Zoeb OGT master :-) ,priceless work my friend,thank you so much.Love the push notification alerts. I'm short on AUDUSD, NZDJPY. Short GOLD for a really quick 30 pips earlier,long on USDCAD now,its great having patience.Started a small live acct. 30% in 2 days,with strict rules.I made errors entering too early on AU and UCAD,however I corrected those with no pain at all.

Please ignore the moving averages on my chart,this is not part of the strategy.Everything else adapts to Daily Trading Strategy [ADR + RSI = High Probability]
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usdchf Tp 15 pips

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"Cut your loses short and let the winners Run"
Quoting meck1
chfjpy stopped out sl -20 before{image} after {image}
Hi Meck

There was no RSI arrows after ADR was hit so this is not a valid setup?
Great strategy again Zoheb, might have to code this up as an EA in MT4!

Will come back soon with the results
Alistair
Quoting ScorpioForex
{quote} Yeah I saw that but I dont trust it right now lol. I got out of EJ,Aj, and CHJ with small profit because I didnt like PA development
What is wrong with the PA?

Also not following your comment regarding the MACD above/below the zero line. Did most your trades conform to that logic or not?

Apart from the MACD being above zero for short and the opposite for longs, their might be value having divergence
Quoting PipBros
{quote} Hi Meck There was no RSI arrows after ADR was hit so this is not a valid setup?
They were there before the ADR meaning it was already over bought and the ADR was the the last overbought requirement. Well that's what I think. It's been a while I saw the OP maybe he might explain better
"Cut your loses short and let the winners Run"
Hello to all Traders!!
I am a new member, but I would like to thank the developer of this great investment tool in advance. Big wishes and thanks for this work. The tool is perfect, only each of us has to understand and arrange the template for ourselves.


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