58#CCI Floor Forex Trading System

Submit by Janus Trader 


Chart Preparation: 

Time Frame: 30 min and higher 
Currency Pairs: Any

 Indicators:

  • 4 EMA

  • 21 EMA

  •  CCI 60

     

Long Entry 

Enter long if 4EMA crosses 21 EMA from below and CCI crosses back above 0.

Shrot Entry 
Enter short if 4EMA crosses 21 SMA from above and CCI crosses back below 0. 

 

Stop Loss:

For long trades: Initial stop loss is placed 1 pip below the most recent swing low. 
For short trades: Initial stop loss is placed 1 pip above the most recent swing high.


 Take Profit Methods: 

1) Risk-to-reward ratio 1:2;
 2) Profit Target predetermined;

3) Exit on the pivot level.


 

In the pictures below CCI Floor Forex Trading System in action.

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