ADX Trading System
Trading setup Trade on 15 minutes chart (can be traded on any chart except 1-min) 9 EMA applied to the close ADX (14) applied to the close and set a level of 20 . Color: ADX line: Red, +DI line: Blue, -DI line: Dark violet Trading Rules Entry Rules Long entry rules: Price is coming up from below 9 EMA. Candle closes above 9 EMA ADX +DI value is greater than 20 ADX -DI value is lesser than +DI Short entry rules: Price is coming down from above 9 EMA. Candle closes below 9 EMA ADX -DI value is greater than 20 ADX +DI value is lesser than -DI Exit Rule Long Exit rules: ADX line heading down or Candle closed below 9 EMA or ADX +DI value is lesser than -DI Short Exit rules: ADX line heading down or Candle closed above 9 EMA ADX -DI value is lesser than +DI Stop Loss 20 pips Take Profit 20 pips or We can...