The setup overview for the ADX EMA II is a daily set of analyses of potential investment bases based on this strategy. Detailed description can be found under this link. The cycle will last exactly two weeks. After this period, on Saturday 11 November, I will publish a report summarizing the statistics of this strategy and will report whether or not these two weeks were profitable.
As announced earlier, on the same day, I will also present another strategy that I will test for another two weeks. In this way I will try to test as many investment strategies as possible to find the best and most effective.
Since the ADX EMA II strategy is a 60-second strategy for the options and its signals should be tracked at 1-minute intervals, I decided that the two week tests will be conducted on the 5 most popular currency pairs within hours. 8: 00-12: 00. In this way we will check whether investing 4 hours a day on 6 instruments can be profitable.
Today, between 8:00 and 12:00, the ADX EMA generated a total of 118 signals on the currency pairs observed. Only 63 of them were profitable and 55 wrong. This means that the efficiency was 53,39%. Taking into account the return on investment that uTrader is fluctuating between 70% and 73% in total, 118 transactions would lose 9,82:1.
From the pairs tested only USDCAD was the pair which would us give some profit today.
Below I present graphs of the observed instruments in the time interval between 8:00 and 12:00. Orange marked are the signal candles, after closing which we could open the PUT or CALL options:
I realize that the above analyzes are historical set ups, while the whole cycle is supposed to:
Show what signals on the chart you want to search
Check if the ADX EMA strategy is profitable
As I mentioned in the introduction, on Saturday 11 November, I will publish a report summarizing the statistics of this strategy and will show whether or not these two weeks could be profitable while trading on setups based on ADX EMA strategy.
Try trading binary options on currencies, indices, commodities and shares of popular companies. If you lose, regardless of the size of the loss, you never lose more than you bet. You can also choose other expiration hours for options, both shorter and longer. Create a real account and earn 50 to 150% Welcome Bonus.
