RSI, ADX System | Forex Factory

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Attachments: RSI, ADX System

RSI, ADX System

Open Buy : RSI>60 , ADX>20
Open Sell : RSI<40 , ADX>20
Close Both : RSI=50
1. How much pips have you been averaging weekly?

2. What's the maximum weekly loss in pips?

3. What is the maximum weekly profit in pips?

4. What is the most pips you've lost on a single trade?

5. What is the most pips you've made on a single trade?
Right now I have no time to test it , but you can see historical data , is a good strategy...It would be better if someone coded EA for it , but already asked for on programming section.Anyway , if anyone has results from this , please post it here.Thanks in advance.
hi,

rsi ?? 14??
adx ?? 10??

please precisions

perjo
Sorry , forgot that , ADX = 14 , RSI = 7
If anyone have a doubt , don't hesitate in asking ok ?
yes i have a doubt

sell if rsi <40 and adx >20 are u sure?
ADX always above 20 , cause it shows price is trending
try this one
Attached File(s)
File Type: mq4 RSI&ADX.mq4   10 KB | 3,690 downloads
I'm thankful for that!
I will try backtesting it now see if it is working right then I will test it next week.
One more time , thanks a lot!
i think its not a good system
Could you please add a feature for it to open only 1 position at a time ? Thanks
my backtest is negativ
it already open one position per time
I know , backtests works only for seeing how system works.I'm seeing now unfortunatly I won't have time to test it this week as I'm testing other system , but if you want to do forward testing and post it here , be at your will.
which TF do u use ?
I like M5 above
the strategy will generate more buy /sell signals on each price bar due to the condition that ADX >20 and RSI >60
To prevent more buy/sell orders add two MAs

example

1.FAST SMA =20

2.SLOW SMA=100

3.RSI(14 Period)
4.ADX (14 Period)

For Buy: When FAST SMA(20) Cross above SLOW SMA(100) and ADX >=25 And RSI >=50
to Enjoy a long term trend add trailing stop

The Sell is When FAST SMA(20) Cross below SLOW SMA(100) and ADX >=25 And RSI <50

This Strategy will only buy/Sell only if there is a CrossOver and all other conditions are met .
I am working on something similar.
Buy if RSI goes above 60 and ADX >25 and close when comes back to 60.
Sell if RSI goes lower than 40 and ADX > 25 and close when comes back to 40.
Just having a hard time finding an EA for this.
Guys - if you want an EA for this just let me know - Ill email it across