Daily Trading Strategy [ADR + RSI = High Probability]

How is strategy going for you mate?

Hi Jarass

Your yellow lines are 5 day ADR lines, I am assuming they adjust each day based on the past 5 days? When they adjust do you see much of a difference on the location of the line? For example, on the attached chart it appears these lines have not moved since Nov 9 2020.

Hi Jarass1080, I have read your posts and I find very interesting what you show.
I installed TMA slope but noticed it repaints.

How can you be sure that the trend is positive or negative if the bars are then repainted?
Thanks

[quote = Ironshirow; 13325301] {quote} Cześć Jarass1080 , przeczytałem twoje posty i uważam, że to, co pokazujesz, jest bardzo interesujące. Zainstalowałem stok TMA, ale zauważyłem, że odmalowuje się. Skąd możesz mieć pewność, że trend jest pozytywny lub negatywny, jeśli paski zostaną następnie odmalowane? Dzięki [/ quote]

Yes, support and resistance are the most important to me !!
As for this template, I am already two steps ahead. But all the indicators in this topic are the main indicators.
Merry Christmas

[quote = ozziedave; 13298620] Cześć Jarass Twoje żółte linie to 5-dniowe linie ADR. Zakładam, że dostosowują się każdego dnia na podstawie ostatnich 5 dni? Kiedy się dostosowują, czy widzisz dużą różnicę w położeniu linii? Na przykład na załączonym wykresie wygląda na to, że linie te nie zmieniły się od 9 listopada 2020 r. {Image} [/ quote]

The difference in the yellow lines is only changed after 5 days and is the difference of one correction (fit, step / resistance)

[quote=Jarass1080;13330335][quote = ozziedave; 13298620] Cześć Jarass Twoje żółte linie to 5-dniowe linie ADR. Zakładam, że dostosowują się każdego dnia na podstawie ostatnich 5 dni? Kiedy się dostosowują, czy widzisz dużą różnicę w położeniu linii? Na przykład na załączonym wykresie wygląda na to, że linie te nie zmieniły się od 9 listopada 2020 r. {Image} [/ quote] The difference in the yellow lines is only changed after 5 days and is the difference of one correction (fit, step / resistance)
Merry Christmas

Bro, your account is blowing

[quote = edwinjil; 13336682] {quote} {quote} Bracie, twoje konto nie działa {image} [/ quote]

I forgot my password.
But if necessary, I can reverse it.

Hey everyone, as this is such a popular strategy I decided to code an EA if the strategy. I've a video on how the EA works to here: https//youtu.be/LuNXEHD_EH0

Enjoy!

The EA can downloaded on my website or you can download the attachment here.

Interesting. I've read the whole thread. The support and resistance indicator Jarass and that other guy were using together with ADR does have potential. Jarass, I'm concerned that the way you trade is too subjective for most people to follow. You have given general guidelines, but your methods of using the tma slope indicators and your trade management is still a bit vague and too subjective to follow.

There are a few ways I see to improve these shortcomings, but the thread seems pretty dead. If Jarass and the OP get back on, I'll join the discussion.

props to aliswee for sharing his EA. I've been around for quite a while and Selfless people can be hard to find on FF.

[quote = JaxPacific; 13475565] Ciekawe. Przeczytałem cały wątek. Wskaźnik wsparcia i oporu, którego Jarass i ten inny facet używali razem z ADR, ma potencjał. Jarass, obawiam się, że sposób, w jaki handlujesz, jest zbyt subiektywny dla większości ludzi. Podałeś ogólne wytyczne, ale twoje metody korzystania ze wskaźników nachylenia tma i zarządzania handlem są nadal nieco niejasne i zbyt subiektywne, aby je naśladować. Widzę kilka sposobów na poprawę tych niedociągnięć, ale wątek wydaje się całkiem martwy. Jeśli Jarass i OP wrócą, przyłączę się do dyskusji. rekwizyty dla aliswee za udostępnienie jego EA. Jestem w pobliżu już od jakiegoś czasu i trudno znaleźć bezinteresownych ludzi na FF. [/ Quote]
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Hi
Thank you for your kind words and for noticing the potential in what I do. I would also like to explain why I left this topic. I am not a good teacher, it is difficult for me to convey a lot of information. As I can see now, I was right. Because I had my own idea for a strategy that differed from the ADR topic. which I needed a lot more time to finish than I assumed. I have been tired of investing for a long time. Short-term (1 day) was stressful for me. and took a lot of time, so I had to put a lot of things on a piece of paper and then put everything together, set it up and test it. Of course, there is everything you need to set the trend, connect to the trend and, most importantly, even determine the trend change.

I think I can show it and talk a bit about it. To start with, to start looking for bargains, I look at 1D time pairs. On a special 1D template, I am able to assess the trend direction and whether the trend has just started or is ending
and it looks like this.
joining the tredu. Gbp Usd 1D.

1H is for opening orders.

And this is how getting ready to change tred. 1D Nzd Jpy

And 1h to get the best open positions possible.

The most important is the RSI indicator at the bottom of the template. when we want to sell, the RSI lines must be at the top of the frame.
And when we want to buy, all lines must be at the bottom of the frame.

The gbp aud is upward trend, in the initial stage. 1D

so I look at 1h and wait until my RSI is at the bottom of the frame

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I declare that you can work with me and check the possibilities of my idea. note, the template at the moment is not available for personal use.
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Gbpcad
my pending buy limit order
(I do not recommend placing pending orders).
1D
1h

As for changing the trend, it is very important that the 1W candle is not standard. often it is as price comes to a key place, the market reacts.