529# Awesome Rabbit
10 pips a trade
Submit by Bartev 18/06/20216
Awesome Rabbit is a 10 pips a trade strategy. This trading system is trend-momentum. Very simple and clear. High profitability.
Time frame 15min or 30min (best time frame 30 min).
Financial market:any.
Metatrader indicators:
SAP Jurik CCI this is the entry signal, setting: CCI period 6, CCI price 5, OS – 80, OB +80, Smooth length 5.
Awesome rabbit indicator filter indicator based on LWMA setting: Calc period 7, 2 smooth, filter 5.
Trading rules Awesome Rabbit
Long entry
SAP CCI buy arrow confirmed by green bar of Awesome Rabbit indicator.
Short entry
SAP CCI sell arrow confirmed by red bar of Awesome Rabbit indicator.
Profit target from 8 pips to 20 depends by time frame and currency pairs.
Initial stop loss 10-20 pips depends by TF and currency pairs.
Note
This strategy can also be used for extreme scalping with 2-5 pips for target price with recovery trade.
This is a good idea for scalping EA.
Recovery trade: to apply martingala 1.2 multiplier.
In the pictures Awesome Rabbit in action.
Share your opinion, can help everyone to understand the forex strategy
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