135# Binary ADX System
ADX non repaint arrow
Submit by Cefalo 28/05/2014
Binary ADX system is an price action trend following system on the two ADX arrows indicators.
Time Frame 5 min or higher.
Markets: Currency pairs, Indicies and Commodities.
Expiry time discretionary (4-6 candles).
Metatrader Indicators
CC cloud ( setting 240 time frame for trading 15 min, 30 min, 60 min, setting 60 min for 5 min time frame).
ADX non repainting ( 5 period),
ADX non repaintig 83 period),
Elder impulse candle color,
ATR Ratio ( 5, 34 with 0.75 level filter )
ADX Level filter 25.
Rules Binary ADX System
Trades only with the trend, the trend indicator is CC cloud.
Buy
CC Cloud indicator shows trend up ,
When appears arrow buy for entry position check the D+ > 25 and ATR Ratio > 0.75.
Sell
CC Cloud indicator shows trend down ,
When appears arrow sell for entry position check the D- > 25 and ATR Ratio > 0.75.
Note: If the arrows are on the same bar are a good signals. Find the Currency pairs in trend this trading system do not work in sideways market.
Write a comment
Marcotrader (Sunday, 06 November 2016 13:07)
hellos, can you tell me what is the name of the indicator to change the pair on the Charts please ? thanks