489# The attack of the Viper Trading System

Trading Method with T3 indicator and CCI RNP indicator

Submit by Joy22 29/08/2013

This Trading Method trend following is based on a set of T3 indicator and CCIRNP indicator.

Time Frame: 30 min or higher.

Markets: any.

Buy

Conditions:

The Candle of the price above T3 indicators 1,2,3,4,5,6, color dark green, or also these T3 above of the T3 7, 8, color lime green;

CCIRNP indicator Red.

Sell

Conditions:

The Candle of the price below T3 indicators 1,2,3,4,5,6, color dark green, or also these T3 below of the T3 7, 8, color lime green;

CCI RNP indicator aqua.

Exit position options:

CCI RNP come back <0 for close buy and come back above >0 for close sell;

Take ratio 1.3 stop loss.

Profit Target time frame H1: 18-25 depends by currency pair (reccomended).

Initial stop loss on the previous swing.

This Trading Method is good also for trading with binary options.

In the pictures below The attack of the Viper Trading System in action.

Comments: 3

#1
konker (Tuesday, 31 May 2016 11:17)

A good Trading Strategy. I take exit position, when the price touches the T3-Bow. Waiting till touch the 0 Line by CCI is too late for me. You lost too many pips.
#2
Mike (Wednesday, 16 November 2016 05:21)

Hi,
Can you tell me what indicator provides the red arrows on the "The attack of the Viper Trading System" picture charts please?
mslcwt1@yahoo.com
Mike
#3
JK Kapital (Sunday, 18 July 2021 05:31)

Profitable strategy in a simple chart setting!