Quote:
Originally Posted by PIP CHASER
Here is a system I have been testing since the beginning of the month. I am 3000+ pips and still running strong. I like this system because you only need to trade once a day (I trade w/IBFX so @ 00:00GMT). I trade most of the pairs (all majors & crosses) offered through them. Here are the details.
Indicators:
ADR calculator (use previous 5 day or 10 day - your choice)
50 EMA set to close
5 EMA set to close
Long - 5 EMA > 50 EMA & the daily candle closes > 5 EMA
Short - 5 EMA < 50 EMA & the daily candle closes < 5 EMA
T/P & S/L are based on ADR calculator - either the 5 or 10 day - R/R = 1:1
|
thanks for sharing this..
