Forex trading strategy #11 (Arsalan's ADX+EMAs cross system)
Submitted by User on August 24, 2008 - 15:50.
Hello everyone my name is Arsalan and before i proceed i want to thank Edward Revy and all the other people who have shared their amazing trading systems over here.
I have learnt many trading systems at this website which i use in my trading and they work very well for me. I have been using a strategy which gives me consistent profit so i would like to share that strategy with everyone over here.
The strategy is as follows:
Time frame: Daily.
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hi arsalan this is fazel just want to know if i can have your email please
thanks
What strategy do you prefer on a daily chart, this one or the Stoch + EMA crossing one?
Thanks for the tips/info.
Dave
I believe this strategy may work better in forex than stock! I tested such strategies combining DMI and MA using Ninja trader, and it works very well in forex, especially the strong trending pairs, such as EUR/USD. The disadvantage of it is it will send out many false signals when in whipsaw or not in a strong trend. Because forex and future has better trend than stocks, so I guess this strategy may works better in forex/future than stock market. Thanks.
any time frame also can?
Arsalan suggested Daily TF.
With higher time frame - fewer false signals.
What about late entry? i see in my chart the EMAs already crossing far behind.
It's either a sure-fire late entry or a number of faster false entries...
I am Mallikarjuna K,I congratulates to your good stratagie.It is very five.
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