367# CCI and RSI Scalping System

Reversal Momentum Scalping System

 

Submit by Maximo Trader 03/08/2013

 

This is a reversal momentum scalping system based on two forex indicators in the same window CCI and RSI.

 

Time Frame 15 minutes or 30 minutes.

Currency pairs: any.

 

Forex Indicators

CCI 14 period with Rsi 14 Period( cci level 100, 150, 200, -100,-150,-200)

overbought area CCI>=150 level;

oversold area CC<=-150 level;

Bands (20.2);

Pivot point levels.

 

 

Rules: Reversal momentum scalping system with CCI and RSI

 

Long Entry:

When CCI is in oversold area ( CCI<=-150 level) buy when cross upward (RSI 14) .

 

Sell Entry

When CCI is in overbought area ( CCI>=150 level) buy when cross upward (RSI 14) .

 

Exit position options

Fast profit target 8-15 pips depends by currency and time frame.

AT the next band of the BB ;

At the pivot points level.

Iniltial stop loss 15 -20 pips after 8 pips in gain move stop loss at entry level.

This is a good scalping strategy for provider trading signals intraday.


 

In the picture below Reversal momentum scalping system with CCI and RSI in action.

Reversal momentum scalping system with CCI and RSI: Indicators and Template

Reversal momentum scalping system with CCI and RSI
Reversal momentum scalping system with CCI and RSI: Indicators and Template
Reversal Momentum scalping system with C
compressed file archive 12.2 KB
Reversal Momentum scalping system with CCI and RSI in action
Reversal Momentum scalping system with CCI and RSI in action

 

Share your opinion, can help everyone to understand the Reversal momentum scalping system with CCI and RSI.

Write a comment

Comments: 1
  • #1

    RAJADAIK (Friday, 19 December 2014 08:19)

    NICE SYSTEM..