599# Trend CCI with 123 Pattern Strategy

Submit by Janus Trader

Trend CCI with 123 Pattern Strategy is a breakout trend following trading system. The main indicators of this strategy are 123 Pattern and double CCI.

The pourpose of Trend CCI with 123 Pattern Strategy is find the intraday breakout.

This trading system has a good profitability.

Time Frame 5 min, 15 min , 30 min.

Currency pairs with low spreads.

Metatrader Indicators:

Double CCI with setting variable in relation at the time frame.

Simple moving average 55 period shift 24,

Simple moving average 34 period shift 0,

123 pattern (34, 0.4, 1.0),

123 pattern (12, 0.4, 1.0),

TMA Channel (period 280),

DIBS indicator.

Trading rules trend CCI with 123 pattern strategy

Buy

Arrow buy of 123 pattern.

Price above simple moving averages and TMA line.

Double CCI green bar. (Do not trade with dark green bar).

Initial stop loss below the previous low swing.

Profit Target is discretionary. 

Sell

Arrow sell of 123 pattern.

Price below simple moving averages and TMA line.

Double CCI green bar, (Do not trade with maroon bar).

Initial stop loss below the previous low swing.

Profit Target is discretionary.

This is a winning strategy.

In the pictures Trend CCI with 123 Pattern Strategy.

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