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Daily Trading Strategy [ADR + RSI = High Probability]

  • #341
  • Aug 12, 2020 11:47am Aug 12, 2020 11:47am
Quoting SputnikX
{quote} First of all you should switch to the 5 min TF.
Nice observation
"Cut your loses short and let the winners Run"
  • #342
  • Aug 12, 2020 12:15pm Aug 12, 2020 12:15pm
Quoting meck1
{quote} Nice observation
hi meck
thanks for help
you can post timely some charts for the entry point
where to cross macd
  • #343
  • Aug 12, 2020 12:34pm Aug 12, 2020 12:34pm
Quoting mesobhai
{quote} hi meck thanks for help you can post timely some charts for the entry point where to cross macd
Sure thing, will start posting again from tomorrow. Was backtesting will also post some information I found.
"Cut your loses short and let the winners Run"
  • #344
  • Aug 12, 2020 1:37pm Aug 12, 2020 1:37pm
[quote = meck1; 13110848] {quote} Jasne, posty zaczniemy ponownie od jutra. Podczas testowania wstecznego pojawią się również informacje, które znalazłem. [/ Quote]

Check it out.
Is it ok?
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  • #345
  • Aug 12, 2020 1:42pm Aug 12, 2020 1:42pm
Quoting Jarass1080
[quote = meck1; 13110848] {quote} Jasne, posty zaczniemy ponownie od jutra. Podczas testowania wstecznego pojawią się również informacje, które znalazłem. [/ Quote] Check it out. Is it ok?{image}
You buy at 1.32491 was good , I'm not sure about the one below that
"Cut your loses short and let the winners Run"
  • #346
  • Edited 6:02pm Aug 12, 2020 5:46pm | Edited 6:02pm
Trades from the past 20 days using 1:1 risk reward ratio

Wins Loses

GbpUsd 15 3

EurUsd 14 3

UsdJpy 10 6

UsdChf 13 2

UsdCad 10 2

AudUsd 10 1

EurGbp 14 0

EurAud 8 5

EurChf 14 2

EurJpy 8 4


If we are risking 1 % per trade so that all trades are equal despite pips made we would make
116 - 28 = 88% profit in the past 20days

Here I didn't add anything to the system, I just followed the rules and avoided trades at 10pm GMT+2 ( because of big spreads) and also no trades on NFP (because spikes will distort ADR readings).

I'll backtest 10 more pairs tomorrow ( I'm GMT+2) to see how it turns out.
"Cut your loses short and let the winners Run"
  • #347
  • Aug 12, 2020 11:10pm Aug 12, 2020 11:10pm
Hey guys, this is my first ever post on ForexFactory. Entered USDCAD yesterday, however it was a lost for me, mind to comment on my entry
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  • #348
  • Aug 12, 2020 11:44pm Aug 12, 2020 11:44pm
Quoting werunaway
Hey guys, this is my first ever post on ForexFactory. Entered USDCAD yesterday, however it was a lost for me, mind to comment on my entry {image}
it was a loss for me too
  • #349
  • Aug 13, 2020 12:01am Aug 13, 2020 12:01am
Quoting meck1
Trades from the past 20 days using 1:1 risk reward ratio Wins Loses GbpUsd 15 3 EurUsd 14 3 UsdJpy 10 6 UsdChf 13 2 UsdCad 10 2 AudUsd 10 1 EurGbp 14 0 EurAud 8 5 EurChf 14 2 EurJpy 8 4 If we are risking 1 % per trade so that all trades are equal despite pips made we would make 116 - 28 = 88% profit in the past 20days Here I didn't add anything to the system, I just followed the rules and avoided trades at 10pm GMT+2 ( because of big spreads) and also no trades on NFP (because spikes will distort ADR readings). I'll backtest 10 more pairs tomorrow...
Can you please tell us which pairs do you trade on this system?i mean which pairs provides best accuracy rates.....thanks
  • #350
  • Aug 13, 2020 1:38am Aug 13, 2020 1:38am
good morning everyone uk100 signal..
  • #351
  • Aug 13, 2020 1:58am Aug 13, 2020 1:58am
Quoting BWilliam
{quote} MACD failed to break the earlier high to fall further below. {image}
Please let me know if we can enter second attempt or not
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  • #352
  • Aug 13, 2020 3:16am Aug 13, 2020 3:16am
first trade for this system
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  • #353
  • Aug 13, 2020 3:40am Aug 13, 2020 3:40am
Quoting Ashwani
first trade for this system {image}
This has to be the best template out there lol
"Cut your loses short and let the winners Run"
  • #354
  • Aug 13, 2020 3:42am Aug 13, 2020 3:42am
Quoting taufiqovi
{quote} Please let me know if we can enter second attempt or not {image}
You are supposed to draw a HORIZONTAL line where you placed the arrow on the Macd , and enter when the Macd breaks that horizontal line. And I don't advise on second attempts. Just wait for another setup.
"Cut your loses short and let the winners Run"
  • #355
  • Aug 13, 2020 4:49am Aug 13, 2020 4:49am
Quoting Ashwani
first trade for this system {image}
So sad your first trade got sl....keep testing bro
  • #356
  • Aug 13, 2020 4:57am Aug 13, 2020 4:57am
Entered correctly or not,lemme know guys......
Dont pay heed to the lower entry i entered it before adr was 100.....
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  • #357
  • Aug 13, 2020 5:36am Aug 13, 2020 5:36am
Quoting BWilliam
{quote} Put on the adr on your chart. This pair has not reach adr yet. {image}
Those are muy adr level....im on exness broker and using the adr provided by post owner,thanks
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  • #358
  • Aug 13, 2020 6:10am Aug 13, 2020 6:10am
Quoting meck1
{quote} You are supposed to draw a HORIZONTAL line where you placed the arrow on the Macd , and enter when the Macd breaks that horizontal line. And I don't advise on second attempts. Just wait for another setup.
Price is still out of adr and macd is crossing its recent low,should we enter or not on such scenario........
one more thing can you please tell which broker are u using,mine ones adr dont match with some other user.......
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  • #359
  • Aug 13, 2020 7:22am Aug 13, 2020 7:22am
Hi everyone signal GBPNZD and GBPJPY(it seems to be valid for 5-15' and probably in the future 1h-4h
  • #360
  • Aug 13, 2020 7:52am Aug 13, 2020 7:52am
sell EURNZD ????
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