Momentun trading CCI, ADX with LWMA
Submit by Harris
Momentum fast trading is a trend-momentum strategy for intraday and swing trading
based on CCI, ADX , Laguerre filter and two LWMA. The pourpose of this strategy is catch part of a trend. Here there are two versions the only difference is the type of ADX.
Time frame 5 min or higher.
Currency pairs: majors.
Metatrader Indicators:
Laguere filter gamma 0.85, (determines trend/ momentum),
LWMA 3 period,
LWMA 13 period,
FXST3CCI, CCI period 14, T3 period 0,
ADX 14 d+ d- , level 20,
Trading rules Momentum Fast Trading
Buy
3 LWMA crosses above 13 LWMA ...and 1a) 3 LWMA was BELOW 13 LWMA 1 period before
Candlestick opens ABOVE Laguerre Filter (gamma 0.85)
+DI crosses ABOVE -DI +DI crosses ABOVE 20 Level
CCI crosses ABOVE 100 Level or
three nihilist adx have the bars green or blue.
Sell
3 LWMA crosses below 13 LWMA 3 LWMA was ABOVE 13 LWMA 1 period before Candlestick opens BELOW Laguerre Filter (gamma 0.85)
-DI crosses ABOVE +DI -DI crosses ABOVE 20 Level
CCI crosses BELOW -100 Level
or three nihilist adx have the bars red or maron.
Note: always wait for the next signal. Not re-enter for the same signal. If this rule
is met, the system has a good profitability.
is met, the system has a good profitability.
Place initial stop loss on the previous swing hig/low. Make profit with ratio 1:1 stop loss.
In the pictures Momentum Fast Trading in action.
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