26# Scalping with parabolic sar And CCI

Parabolic Sar and CCI (TradingView)

Update by Janus Trader 05/02/2024

Parabolic Sar and CCI indicator is a forex scalping strategy based on the parabolic sar indicator and Commodities Channel Index indicator. This is a trend- momentum forex strategy. The CCI and SMA are the filter for Parabolic Sar, a good filter.

Pair :EUR/USD, AUD/USD, GBP/USD

Time Frame: All time frame.

Indicators:

50 SMA for 1min TF;

CCI (45);

Parabolic SAR (0.02, 0.2).

Long Entry Position

When Parabolic dot >SMA and CCI (50)>100.

Short Entry Position

When Parabolic dot <SMA and CCI (50)<-100.

Exit Position:

Stop Loss above/below the dot.

Profit Target: minimum ratio 1:0,8 stop loss.

This is a good example of a strategy where by applying good money management, it becomes very effective.

My advice is to apply this technique at high time frames to learn it, but it must be said that you can immediately have excellent results.

Write a comment

Comments: 14

#1
Arni (Thursday, 16 February 2012 00:22)

thanks 4 share!
ur strategy is profitable! sometimes it makes only 4pips

only your screenshot is different than strategy above!
how i get it, u ar selling when cci is <-100 and bu when cci is higher than 100.
#2
hari (Wednesday, 03 April 2013 15:20)

wooooooooooooooow strategy really work of art and determination .
thanks to share .
#3
Forextradingstrategiesresources (Tuesday, 11 June 2013 23:38)

we share always
#4
noverra (Friday, 14 June 2013 08:54)

ur scalping method is very profitable
#5
charlie (Sunday, 23 June 2013 19:41)

i just came across your scalping method hope it work im interested in only 1 min and 5 min charts hope it works ill let anyone know
#6
cekodokpisang (Wednesday, 20 November 2013 13:42)

can you guys convert the strategy to .lua file?
hope that you guys can help me because you guys sharing with each other the settings that work and give favourable profit.
#7
james (Wednesday, 11 November 2015 14:43)

can someone explain better on how to use the template.am i to watch only for cci<100 or > 100? before taking position
#8
David (Wednesday, 27 April 2016 19:32)

At Long entry, is it >(Greater than) ? or Above?
and short entry is < (Less Than)? or Below?
Im sorry Sir, Im confused in that term. Thanks in advance.
#9
Hassan (Sunday, 18 June 2017 19:46)

What stoploss are we using
#10
Hassan (Sunday, 18 June 2017 19:47)

What SL are we using?
#11
jack menjay (Friday, 14 July 2017 20:24)

what do you mean Stop Loss on the SMA
#12
spacetrader (Monday, 07 August 2017 14:18)

pretty nice account crasher.
tick data backtestet with MT4 (tick data from dukascopy) in 1M from 2nd Sep 2016 until 26th Nov 2016.
Size 1 lot, take profit 90 Points (8pips). EUR- account loss 24,600.00 EUR
win trades 30.81% loss trades 69.19%.
#13
kee (Monday, 11 March 2019 13:12)

Can it be used for daily charts?
#14
aqpclimber (Monday, 14 December 2020 03:15)

Very high win rate and good R/R strategy when properly used (combined with price action, support & resistance)