300# ADX Combo
ADX as filter of reversal momentum arrow
Reversal momentum strategy
Submit by Lorenz
ADX Combo is a reversal momentum strategy for Binary options high low and scalping. Them main feature of ADX Combo is that wait range market, I find the range market with ADX (D+ and D-), When ADX is below 40 level there is a condition for long entry, or short entry.
The timig entry indicator is Buster.
Time Frame for Binary Options High/Low 1 min and 5 min.
Time Frame for Scalping 1min, 5min, 15 min.
For trade with ADX Combo at least 15 charts must be opened.
Expiry time Binary Options high/low 10-15 candles foe 1 min time frame., 5-8 candles 5 min time frame.
Trading Session New York 19:00 GMT Berlin- Tokio 7:00 GMT Berlin.
Currency pairs: Major, Minor and Indices.
Metatrader 4 Indicators
ADX (D+ D-) 13 period with 40 level.
Binary Buster (reversal, momentum indicator arrow).
Trading rules ADX Combo
Buy or Call
Wait untilADXis lower than level 40.
When a buy arrow appears, open a position at the opening of the next bar.
Place initial stop loss below the previous swing low.
Profit target 3-10 pips depends by currency pairs.
Sell or Put
Wait until ADX is lower than level 40.
When a sell arrow appears, open a position at the opening of the next bar.
Place initial stop loss above the previous swing high.
Profit target 3-10 pips depends by currency pairs.
In any case, it is necessary to trade on the market when there is low volatility.
Martingala binary multiplier 2, Forex 1.5.
In the pictures ADX Combo in action.
Telegram channel: https://t.me/freeforexresources
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