Trading strategy "FX - M5"

"FX - M5." is the author's trading strategy for the foreign exchange marketwhich was developed for trading on the 5 minute chart. The system is easy enough to use and is able to bring, if used correctly, quite good results. Three indicators are used for work, two of which are standard for most trading terminals: ADX_Crossing_v.2.0, MACD (12,26,9), AO. You can trade on different currency pairs, but the instruments with high volatility during the operation are preferred, for example EURUSD. Use this trading strategy should be from 9:00 to 18:00 Moscow time. The 60m CHART indicator is in the archive for the convenience of determining the time interval on the chart. When you install it, you should adjust it according to your hourly tribe.

Rules of trading strategy "FX - M5"

 Purchase order opens when the following conditions are met:

The ADX_Crossing_v.2.0 gives a buy signal in the form of a blue dot below the chart.

2. the AO indicator is colored blue.

3. The MACD indicator changes direction to upward or is above the zero level.

Warrant of sale opens when the following conditions are met:

The ADX_Crossing_v.2.0 gives a sell signal in the form of a red dot above the chart.

2. the AO indicator is colored red.

3. MACD indicator changes direction to downward or is below the zero level.

Moving out of position

Close a previously open position is worthwhile when the opposite signal of the ADX_Crossing_v.2.0 indicator appears.

Stop Loss set 5 points above the nearest local extremum, the maximum - when opening a sell order, the minimum - when opening a buy order.

Download Indicators and Template