58#CCI Floor Forex Trading System
Submit by Janus Trader
Chart Preparation:
Time Frame: 30 min and higher
Currency Pairs: Any
Indicators:
-
4 EMA
-
21 EMA
-
CCI 60
Long Entry
Enter long if 4EMA crosses 21 EMA from below and CCI crosses back above 0.
Shrot Entry
Enter short if 4EMA crosses 21 SMA from above and CCI crosses back below 0.
Stop Loss:
For long trades: Initial stop loss is placed 1 pip below the most recent swing low.
For short trades: Initial stop loss is placed 1 pip above the most recent swing high.
Take Profit
Methods:
1) Risk-to-reward ratio 1:2;
2) Profit Target predetermined;
3) Exit on the pivot level.
In the pictures below CCI Floor Forex Trading System in action.
CCI Trading
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