Strategies, Systems & Indicators
- Thread starter Edward
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The Updated ADX Version
Hello friends,
Got stuck up with some work so it took time for me to post the tweaked ADX version for picking up trades even when the ADX line is below our benchmark of 22 (it's again subjective for tf and pairs, we have discussed it already).
The Logic here is simple....
1. if the blue line in adx is above the red line.... no change.... just the way it was previously...
2. If the blue line is below the red line.... and if you are getting a signal to long or to short.... normally we stay away from taking the call... and sometimes we do miss good opportunities....
The addition in this new version is that we have added a new adx line a yellow line, which closely follows our blue line...
Now in a scenario that the blue line is below the red line... and there is a new opportunity for us... We look for a crossover of the blue line over the yellow line... meaning which, if the blue line crosses above the yellow line, it means the market is gaining momentum, so we can take the opportunity ... it doesnt matter whether it's an opportunity to short or go long, the blue line should be bullish, i.e. crossover and come above the yellow line...
here goes the link Forexkhan_traderji_v1.3
Madhav and others, who had issues with zip and rar programs I am uploading this exe file directly....
Close all instances of metatrader before installing... All the best and enjoy, keep posting that keeps me exited too...
Hello friends,
Got stuck up with some work so it took time for me to post the tweaked ADX version for picking up trades even when the ADX line is below our benchmark of 22 (it's again subjective for tf and pairs, we have discussed it already).
The Logic here is simple....
1. if the blue line in adx is above the red line.... no change.... just the way it was previously...
2. If the blue line is below the red line.... and if you are getting a signal to long or to short.... normally we stay away from taking the call... and sometimes we do miss good opportunities....
The addition in this new version is that we have added a new adx line a yellow line, which closely follows our blue line...
Now in a scenario that the blue line is below the red line... and there is a new opportunity for us... We look for a crossover of the blue line over the yellow line... meaning which, if the blue line crosses above the yellow line, it means the market is gaining momentum, so we can take the opportunity ... it doesnt matter whether it's an opportunity to short or go long, the blue line should be bullish, i.e. crossover and come above the yellow line...
here goes the link Forexkhan_traderji_v1.3
Madhav and others, who had issues with zip and rar programs I am uploading this exe file directly....
Close all instances of metatrader before installing... All the best and enjoy, keep posting that keeps me exited too...
Last edited:
Hey Sunny, I am having some trouble at the download servers... can you just check if the download is working properly.... the new one....
And also request you to install it and let me know if it's working properly or not....
Close all instances of metatrader... this installer will install the system in all metatrader platforms that you have on your pc.
The template will be like forexkhan_Traderji_v1.3
All the best guys
And also request you to install it and let me know if it's working properly or not....
Close all instances of metatrader... this installer will install the system in all metatrader platforms that you have on your pc.
The template will be like forexkhan_Traderji_v1.3
All the best guys
The Lazy Boy System _ Adx Tweak
Guys have a look...
Both the ovals contain a new signal for us to go long......... but......... ADX is below the red line.... so we can't go long.... and we would have missed more than 100 pips here...
But with the tweak, we see that at the candle we are supposed to enter .... we see one thing... our ADX blue is gaining momentum and rising above the yellow... meaning... that the prices ability to move UP or DOWN is gaining momentum... so we take the opportunity and shoot....
just run through the charts and you will be amazed at what happens when the blue is going below the yellow while under the red line.... almost all the opportunities are dud...
Enjoy and keep posting
Guys have a look...
Both the ovals contain a new signal for us to go long......... but......... ADX is below the red line.... so we can't go long.... and we would have missed more than 100 pips here...
But with the tweak, we see that at the candle we are supposed to enter .... we see one thing... our ADX blue is gaining momentum and rising above the yellow... meaning... that the prices ability to move UP or DOWN is gaining momentum... so we take the opportunity and shoot....
just run through the charts and you will be amazed at what happens when the blue is going below the yellow while under the red line.... almost all the opportunities are dud...
Enjoy and keep posting
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