Adx Rsi 1 Hour Trend Trading Strategy Tactically Profit On Intraday Forex Trends

ADX & RSI Strategy is a trading strategy for major currency pairs using two indicators: ADX and RSI.

This strategy should be applied on the H1 timeframe. ADX & RSI is a trending system that assumes trend entry.

You can download the ADX and RSI indicators on our website in the Strategies section.

Setting the indicators:

• Set the value 20 for the ADXPeriod parameter of the ADX indicator.
• Also set the value 20 for the RSIPeriod parameter of the RSI indicator.

Conditions for opening long positions:

Conditions for opening short positions:

Stoploss and Takeprofit:

• Stoploss in this trading strategy is recommended to be set at the ADX line maximum that was last seen before the trade.
• The deal should be closed when the value of the ADX line falls below 25, indicating a damping trend.

Conclusion

When working with the ADX & RSI trading strategy and searching for signals on it, do not forget to adhere to the rules of working within a trend. Before opening a position, visually make sure that the trend is clearly present on the price chart.