92# Seven CCI Binary System
CCI Trend Momentum System
Submit by Mike Trader 06/11/2014
Seven CCI binary system is trend-momentum strategy based on CCI and exponential moving averages. This trading system is also good for scalping and intraday trading.
Below a description without binary. This is an asymetric trading system.
Time Frame 5 min or 15 min.
Expiry time 4-5 candles.
Indicators:
Exponential Moving Averages 60 close, color blue;
Exponential Moving Averages 50 close, color blue;
Exponential Moving Averages 45 close, color blue;
Exponential Moving Averages 40 close, color blue;
Exponential Moving Averages 35 close,color blue;
Exponential Moving Averages 30 close,color blue;
Exponential Moving Averages 15 close,color magenta ;
Exponential Moving Averages 10 close;color magenta;
Exponential Moving Averages 8 close;color magenta ;
Exponential Moving Averages 5 close; color magenta;
Exponential Moving Averages 3 close; color magenta;
Commodity channel Index (CCI 21 close, color magenta);
Commodity channel Index (CCI 25 close, color magenta);
Commodity channel Index (CCI 30 close, color magenta);
Commodity channel Index (CCI 35 close, color blue);
Commodity channel Index (CCI 40 close, color blue);
Commodity channel Index (CCI 45 close, color blue);
Commodity channel Index (CCI 50 close, color blue);
Rules Seven CCI Binary System
Trades only in trend.
The trend is up when exponential moving averages lines magenta are above EMA's lines blue.
The trend is down when exponential moving averages lines magenta are below EMA's lines blue.
Buy Call
EMA's lines color magenta above EMA's lines color blue;
CCI lines color magenta are above CCI lines color blue and zero level.
When thes conditions are agree buy call at opening of the next bar.
Buy Put
EMA's lines color magenta below EMA's lines color blue;
CCI lines color magenta are below CCI lines color blue and zero level.
When thes conditions are agree buy put at opening of the next bar.
Scalping
Time Frame 5 min, 15min.
Currency Pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY.
The rules for buy and sell are the same.
When the price is within the bundle of the moving averages do not trade.
Exit position
Make Profit on the pivot points levels or with fast profit target.
Initial stop loss on the previous swing price.
In the picture Seven CCI in action.
