Forex trading strategy #12 (Arsalan's ADX + MACD)
Submitted by User on September 21, 2008 - 17:49.
Submitted by Arsalan, our valued contributor.
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I want to share one strategy which is based on macd and adx.
The strategy is as follows:
Time frame - Daily.
Indicators - Macd (3,10,18)
ADX(18) WITH + DI AND - DI LINES
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Hi Arsalan
As I was checking through the strategies, you have been using Trend line Trading Strategy (Advance #10)since the day of its release.
I couldn't find your E-mail Address therefore I leave a comment here,
Was it profitable for you?
once again thanks Edward for handling such a useful site, you have done a lot of work
well done
Regards
Nastia
But what is the use for ADX here? You use DMI and MACD only...
why MACD isn't (12,26,9), can it be changed for H4 or daily?
Yes, it can. But sometimes traders like to experiment with settings to find possibly better opportunities with custom MACD numbers.
Kind regards,
Edward
Is anyone trying this strategy? How is it going? Any observations/comments/suggestions?
regards
Harri
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