Forex system – Jobs Alert Shop

Forex system – Jobs Alert Shop


F4N CCI ADX LMA v1 Forex system, strategy + custom indicator forex signal free forex strategies

Posted: 29 Oct 2020 09:58 PM PDT



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This is one of the best forex strategies of my forex systems collection, that using in a real account for a year.

MA9 cross MA21 & ADX is a swing trend following the forex strategy.

This forex strategy uses CCI cross-over
go long when the CCI crosses above the CCI levels +100
go short when the CCI crosses below the CCI level -100

use confirmed signal with LMA and ADX

Time Frame:
All above M15

Currency pairs:
All major currency pairs

Forex Indicators:
1 Linear weighted Moving Average (LMA)
2 Commodity Channel Index (CCI)
3 Average Directional Index (ADX)

Rules of F4N CCI ADX LMA v1 Forex system

BUY:
CCI(22) cross above CCI level +100 and
ADX(13) baseline is above level 21 and
ADX(13) +DI is above level 21 and
Closed price above LMA(55)

Stop loss:
Set the initial stop loss at the last previous lower prices.

Take profit:
Profit target with ratio 1:2 stop loss or more.

SELL:
CCI(22) cross below CCI level -100 and
ADX(13) baseline is above level 21 and
ADX(13) -DI is above level 21 and
Closed price below LMA(55)

Stop loss:
Set the initial stop loss at the last previous higher prices.

Take profit:
Profit target with ratio 1:2 stop loss or more.

Forex strategies are essential for a forex trader to profit from the market. Forex trading strategies make a trader more sophisticated and confident by helping him in making the right calculations about the market. In a market with always changing exchange rates, it is foolish to trade hysterically by just following the emotions or advice from unreliable sources.

The most popular forex risk-minimizing strategy is the stop-loss order. Stop-loss orders help traders to limit their loss by stopping a trade at a preset price. Forex trading systems allow traders to set their stop-loss order prices. One related strategy is the trailing stop losses, which are proportional stop-loss prices that come into play only when the prices are falling. There are also many other types of stop-loss orders available which mainly depends on the broker to which the trader is affiliated to.

#F4N
#Forex4Newbies

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