CCI Channel
Submit by Swon 21/02/2017
CCI channel trading is a trend-momentum following strategy that works intraday or swing. This forex system is based on the CCI indicators and moving averages.
You can use this strategy also for trading with binary options high-low.
Expiry time 4-6 candles.
Time Frame 5 min or higher.
Currency pairs: majors for intraday, any for swing trading.
Metatrader Indicators
CC Cloud (setting 60: for 5 min and 15 min time frame, setting 240 for 30 min and 60 min time frame, setting daily for 240 time frame, setting weekly for daily time frame.)
SDX TZ Pivots,
CCI chenel the lead indicator:
CCI 4, High low period 13, T3 5, T3 0.8.
EMA 5 and EMA 9.
Trading rules for CCI Channel Trading
Trades only on the Currency pairs that are in the same trend on the 4H and daily time frame. This is the rule more important.!!
First step go D1 and 4H charts and find currency pairs!!!
To identify trends in currencies, you can also use the dashboard.
Trades only in the direction of the trend.
trend up cc cloud green
trend down cc cloud red
Buy
Buy arrow
cc cloud green
price close above EMA 5 and EMA 9 (important)
Sell
Sell arrow
cc cloud red
price close below EMA 5 and EMA 9 (important)
Exit position
At the opposite arrow or at the pivot point levels ,place initial stop loss at the prvious swing high/low.
In the pictures CCI Channel Trading in action.
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