I have been checking the strategies on ADX indicator.
I have found that +DI crossing above ADX line under threshold 30 and exit on crossdown when ADX above 30 has better results than just following crossovers of +DI and -DI , ADX crossing above 30 .
BUY Rule ======== fast ema is above slow ema (default 13 and 55 , you can change these values in settings) +DI cross above ADX well beloe threshold level (default 30)
Exit reule ======== when +DI cross down ADX , well above on threshold level
Stop Loss ========= Default is set to 8%
Take a look and let me know how your symbol works with this strategy
Note : Bar color changes to yellow when the BUY condition is met. Bar color and Background color shows to blue --- if Long position is active fast ema and long ema doesnt print on the chart -- please add manually to the chart
Warning : for the use of educational purposes only