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Thread: The 3 Musketeer Trade

  1. #1
    The Most Effective ADX Strategy
    needing to develop a most effective and efficient egy to trade forex isn't quite as simple as everybody thinks, have not traded with a lot of egy and wind up burning all of my margin in my account, I went to do a lot of research and back test on most egy and I found out this superlative ADX Strategy, Ever since I have been applying this I could predict what another Candle would be in my own trading.

    This Strategy is greatest traded on the 15 Min Chart
    Therefore, I make use of only:

    1. Pivot Points
    2. Multiple 5,6 EMA (Exponetial Moving Average)
    3. ADX (Average Directional Movement Index) Use to identify the trend

    That many people, the 3 Musketeer Trade.
    That I will let you know how I use the indiors within my next Post.

    Jamiu.

  2. #2
    I am interested in ADX thoughts. Looking forward to it.

  3. #3
    I agree with you, developing a technical system for forex is not easy. I've been trading stocks for a little while and I find that stock market is much more technically driven. And moreover, in shares you deal with one instrument, such as the stock of CSCO,INTC, etc.. You buy/sell them with money from your account. But in FX you constantly handle a pair, thus a management of the pair is always influenced by both currencies none (such as from the stock market).

    Anyhow, good luck developing your system. I do not usually use ADX ( I mostly use MACD) but it has potential for giving great signs.


    Cheers,
    Steve

  4. #4
    Quote Originally Posted by ;
    ...I can predict what another Candle will probably be...
    You mean, with 100% certainty each time? Day in and day out, month after month? Awesome!

  5. #5
    What does ma imply? You have 5's and 6's? Or just a 5 and a 6 ema, or a 5 based on what or close high and low plus a 6 ema on low close and open?

  6. #6
    The 5, 6 EMA, Is 5 period moving averages, applied to open with color Red and 6 period moving averages, applied to close with color Yellow.
    It can help to Identify a change in trend and they are lagging indior but I make use of it to indie a confirmation of a trend.
    The ADX, is top indior, it tells signal a tendency sooner than the moving averages, but it has fakeouts, that I why you need to await confirmation and also a confluence of occasion from the moving averages. And employing the pivot line as your profit shooting area.
    I will post the complete ADX egy shortly, pls be on a lookout.
    Jamiu.

  7. #7
    Quote Originally Posted by ;
    The 5, 6 EMA, Is 5 period moving averages, applied to 6 and open period moving averages, applied to shut.
    It Helps to recognize a change in trend and they're lagging indior but make use of it to indie a confirmation of a trend.
    Giving very wonderful counter tendency indies, bravo!

    Yo followers may also try to use SuperSignalsV2, SilverTrendSig, Fractals, ZigZag - theese indiors are cumulative, signal given by one of em mean nothing, however if 3 of are identifying peak, it's much more stronger signal.

    But me dont want to overwrite yo' sistem - just 2c to see better how it may/have to get the job done.

    Thanks

    Nice day!

  8. #8
    Quote Originally Posted by ;
    Giving very nice counter trend indies, bravo!

    Yo followers can also attempt using SuperSignalsV2, SilverTrendSig, Fractals, ZigZag - theese indiors are accumulative, sign given by one of em mean nothing, but when 3 are identifying peak, it is much more stronger sign.

    But me dont want to overwrite yo' sistem - only 2c to see how it may/have to work.
    I believe all these are notorious for repainting, Supersignals v2 may not, '' I can't recall for certain.

  9. #9
    Quote Originally Posted by ;
    I believe all these are notorious for repainting, Supersignals v2 may not, '' I can not remember for certain.
    That's thought - for all of em (anticipate fractals (painted 2 bars back), but in theory, it's the same)

    Theese are indiors finding possible reverse of this trend!
    That is why it is more powerful to utilize them as cumulative ones!

  10. #10
    Quote Originally Posted by ;
    This is idea - for all of em (anticipate fractals (painted 2 bars back), but in principle, it is the same)

    Theese are indiors discovering possible reverse of this trend!
    That's the reason it is stronger to use them as accumulative ones!
    I gotcha today

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