Hello
This is my first attempt to catch EURUSD moves.
Script is design in the way to always going with the trend, until price lose SMA 100
Script is optimalized for 30min --->> FOREXCOM:EURUSD
The strategy logic is quite simple:
To define trend I used Centred Trend Indicator , which with the higher value can be nice filter for higher data range trend
this indicator allows me to avoid all fake pumps or dumps while sentiment is still bearish or bullish
To open long or short position this script is always using Centred Trend Indicator with the combination of ADX
ADX - Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
also
for better moves detector/filter im using PKAMA
this indicator allows me entering the position only when strong trends movemments appears.
this script dont use stop-loss, as a stop loss I use losing SMA 100, so we are always adjusting with trend
This is my first attempt with forex markets, so please dont be strict
Enjoy ;)
This is my first attempt to catch EURUSD moves.
Script is design in the way to always going with the trend, until price lose SMA 100
Script is optimalized for 30min --->> FOREXCOM:EURUSD
The strategy logic is quite simple:
To define trend I used Centred Trend Indicator , which with the higher value can be nice filter for higher data range trend
this indicator allows me to avoid all fake pumps or dumps while sentiment is still bearish or bullish
To open long or short position this script is always using Centred Trend Indicator with the combination of ADX
ADX - Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
also
for better moves detector/filter im using PKAMA
this indicator allows me entering the position only when strong trends movemments appears.
this script dont use stop-loss, as a stop loss I use losing SMA 100, so we are always adjusting with trend
This is my first attempt with forex markets, so please dont be strict
Enjoy ;)
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