GBPJPY Daily Trend Method - MT4/MT5 Resources
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Hello everyone,
I've been working tirelessly over the past few months to develop a system that I can be proud of, and I believe I've finally done my job. I brought it to Forex Factory because I think its membership includes some of the best and brightest retail FX minds in the world! I greatly appreciate all your thoughts, comments, and constructive criticism as we move forward and try to refine the approach below.
Do not publish any additional indicators without valid backtest results. The results should be published for everyone to see. Similar results to what I posted below.
I hope this thread achieves two goals:
1) Educate new and experienced traders on how to use my trading methods/systems.
2) Optimize the method until it reaches its maximum potential.
Now that we've got the formalities out of the way, I'll move on to explaining the method. I have attached all necessary components.
Pairing: GBP/JPY (we may add more pairs in the future)
Time frame: M30
index:
- 20-period RSI, 50 level clearly defined
- 14-period ADX, 25 levels clearly defined
- Custom trends using default settings
- Forex deviation trend using default settings
I will explain the entry and exit parameters in the next few articles.
Please read post #250 after reading posts 1-4.
Welcome to add me, I will give back to everyone!
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