Daily Trading Strategy [ADR + RSI = High Probability]

Hey Team,

I hope you are having a great weekend.

I have got a brand-new strategy that I am seeing great results so far. The system is averaging around 10 pips a day and would like to share the strategy with the community.

VIDEO 1 - STRATEGY / TIME FRAME / ENTRY SETUP & RISK MANAGEMENT (Released 2nd August 2020)

The strategy is a counter trend strategy taking advantage of when a pairs Average Daily Range (ADR) has been exceeded. This along with the RSI being OB/OS on multiple time frames gives a strong probability of a re-tracement or a reversal. When these conditions are met, we use the MACD for the entry.

The great thing about this strategy is that the indicators do the heavy lifting meaning that you dont need to be staring at your chart all day.



VIDEO 2 - MT4 TEMPLATE + RISK CALCULATOR (Released 16th August 2020)

Based on your comments I have provided the MT4 template (download below) I use and the video walks through indicators, settings and why they are important. I also talk more about risk management and provided a simple risk calculator (link below) on how much to risk with this strategy.



I think you will have fun with this strategy. Let me know your thoughts and feedback. I will post some chart examples later today.

Indicators Needed (settings also mentioned in the video and why)

OGT ADR Indicator
OGT RSI MTF Indicator
OGT Trend Dashboard Indicator (New, added 16th August 2020)
LWMA MACD

Indicators Settings

ADR Indicator
- ATR Period: 15
- ADR Alert %: 100
- ADR Alert Email/Push/Popup: True

RSI MTF Indicator
- RSI Period: 14
- RSI Price: Closed Price
- OB Level: 70
- OS Level: 30
- TF Type: Higher
- TF Quantity 1

MACD
- 12,26,9 (default)

MT4 Template



Risk Calculator

https://docs.google.com/spreadsheets...it?usp=sharing

Indicators

Can you name some pair that works well with the strategy

Thank you very much for sharing your strategy. can write how to make entries and exits? I couldn't understand it in the video because I don't speak English very well.

do you got some backtesting results? and ifso over how many trades?
what is the winrate, expected value, profit factor, etc etc ?
without any of that its impossible to say if this is a good strategy imo

Can you share your template, pls? Tx!

Hi Zoheb01,

Thank you for your new strategy.
You mentioned therein that the indicators do all the heavy lifting. Could you please mention clearly the buy sell set ups /signals ?

Thanks.
Roy

watch the video

hello, thanks for this.

Sure , I added the yesterday's hi lo indicator just to see if it might help or not since it works well with the ADR but can be ignored.

Is there anyone with an ADR indicator which shows past ADRs?

eurchf 20pips

gbpchf tp 30pips

before
after

I like it very simple to use made 150 points in 30 min.

Some great examples. Another one the USDJPY today!

chfjpy tp 20pips

before

after



audjpy 20pips

before

after

It's was really profitable today, we'll post trades for the whole of August to see how it goes and if any improvements are required but looks promising. Appreciate

AUDNZD buy, ok?

Hello all,


new in this trade and 40 pips on gbp /jpy, top

Please where is ok MACD line last low?