214# ADX Crossing with BB-alert strategy

ADX crossing with directional filter of Bollinger Bands

Trend reversal trading system

Submit by Alfonso 07/2017

ADX Crossing with BB-alert strategy is a trend momentum-strategy trend reversal for trading with binary options high/low or scalping/ swing with Renko chart. The direction of the trades is determined by BB-alert arrow.

 

Currency pairs: majors and Indices (Dax and S&P 500).

Time frame 5 min or higher.

Expiry time5-6 candles.

Box Size for trading with Renko chart is 3 pips or higher.

 

Metatrader Indicators

BB-alert arrow, signal gap 3,

ADX crossing 2.0 period 5.

Heiken Ashi,

MBFX Timing (confirm indicator).

Renko live chart (remember add dll import).

 

Trading Rules ADX Crossing with BB-alert strategy

Buy or Call

BB-alert indicator buy arrow.

ADX crossing 2.0 green dot.

Heiken Ashi green candle.

MBFX Timing green line.

 

Sell or Put

BB-alert indicator sell arrow.

ADX crossing 2.0 red dot.

Heiken Ashi red candle.

MBFX Timing red line.

 

Exit position with renko chart.

Initial stop loss 2 pips below/above at the previous swing.

 

Make profit with predetermined profit target (3 pips box size pt= 7-8 pips – 4 pips box size pt= 9-10 pips.).

In the pictures ADX Crossing with BB-alert strategy in action.

ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy with Renko chart
ADX Crossing with BB-alert strategy with Renko chart
ADX Crossing with BB-alert strategy with Renko chart
ADX Crossing with BB-alert strategy with Renko chart
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ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy
ADX Crossing with BB-alert strategy.rar
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