182# High Low with ADX Trading System
Submit by joy22
Time frame daily.
Currency Pairs All
Indicators:
dyn Support and resistance
ADX13 (d+, d- With 3ema)
ENTRY
Entry long d+>d- ADX>3Ema
Entry short d->d+ ADX>3Ema
Wait for the daily candle to close. Enter long 3 pip above the red dot of the closed candle and short 3 pip below the blue dot of that candle. You should use pending orders to ensure you enter at the correct price. Add the spread to pending orders when looking to go long.
Exit at close next bar.
Exit with Profit Target:
AUD/USD, USD/CAD, USDCHF, USD/JPY 60 pips,
EUR/USD 70,
GBP/USD,EUR/JPY GBP/GPY, 80 pips.
Stop Loss:50-80 pips
In the picture High Low with Adx forex system in action.