187# 10 pips a day with CCI and MACD

CCI and MACD Trading System

Submit by Janus Trader 08/02/2012

 

Time Frame: 5min

Currency pairs: EUR/USD, GBP/USD

Forex Indicators: MACD (12,26,9)

CCI (14)

These are optional: 2 sets of bollinger bands, (20,1) and (20,2)

Daily pivots

Long entry: 

This should all happen on the same M5 candle, EXCEPT for step 2 (which has to happen on the same candle or earlier)

Step 1 - CCI crosses +100 from BELOW (meaning CCI has to ENTER the overbought zone)

Step 2 - MACD moving average has to be below the histogram

Step 3 - MACD histogram bar needs to have a higher value than the previous bar (I use a custom MACD indicator to see this easier)

Reverse for short entry

Stop Loss 12 -15pips.

Profit Target 7-10 pips Aud/USD 7, EUR/USD 8, GBP/USD 10



 

In the pictures 10 pips a day with CCI and MACD in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 5
  • #1

    Forextradingstrategiesresources (Thursday, 13 June 2013 15:41)

    Easy 10 pips Janus Trader

  • #2

    instar (Friday, 08 November 2013 15:26)

    Good idea,I like this strategy.

  • #3

    Ahmad (Saturday, 14 December 2013 02:59)

    Hello there, can you rewrite this strategy into .lua file.. I like this strategy to be into my trading station.. hope that you can help me on this. Thanks

  • #4

    saso (Friday, 28 February 2014 01:01)

    what should 2 bolinger bands tell us

  • #5

    haziq (Friday, 11 July 2014 04:31)

    where should i put the 10pip_with_cci.tpl in the meta folder

CCI Forex Strategies

10pips with CCI and MACD Trading System
10pips with CCI and MACD.rar
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