4# Bollinger Bands and CCI Trading System

 

Submit by Forexstrategiesresources

 

Time Frame Any

Pairs:any

 

Indicators:

CCI (14)

Bollinger Bands (20; 2)

 

 

BUY conditions:
when 
CCI crossover above overbought but only if it has previously reached oversold confirmation, level (-150)and Price>middle Bollinger Band;


SELL conditions:
when 
CCI crossover below oversold but only if it has previously reached overbougth confirmation, level (150)and Price>middle Bollinger Band;

 

Exit:

Stop Loss 5 pips or more above or below entry bar;

Target Profit aggressive or when the price touches the opposite band.


 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 1
  • #1

    antonino (Thursday, 04 October 2012 22:33)

    ocdni

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