524# Double CCI with Forex Gain

Scalping with double CCI

Submit by Nary 31/05/2016

 

Double CCI with Forex Gain is a scalping system Multitime frame based on Double CCI filtered by an trailing stop and Forex Gaing code MTF. This strategy is trend following.

Time frame 1 min or 5 min.

Forex majors: EUR/USD, USD/JPY, AUD/USD, GBP/USD, GBP/JPY, USD/CAD.

 

This method is very accurate.

Metatrader indicators:

Power rail train (trailing stop);

DoubleCCYWoody (170, 34, 2);

Forex Gain Code setting 5 min for 1 min time frame and 15 min for 5 min time frame.

 

Trading rules Double CCI with Forex Gain

 

Buy

Yellow line of the Double CCI above green histogram confirmed by:

The price above the power rail train and Forex Gain up trend.

 

Sell

Yellow line of the Double CCI below red histogram confirmed by:

the price below the power rail train and Forex Gain down trend.

 

Exit position

Place initial stop loss at the previous swing.

Exit with the trailing stop or with ratio profit target/stop loss 1:1.

 

This strategy is very simple and also good for scalpers beginners.

 

 

In the pictures Double CCI with Forex Gain.

Double CCI with Forex Gain
Double CCI with Forex Gain
Double CCI with Forex Gain
Double CCI with Forex Gain
Double CCI with Forex Gain.rar
compressed file archive 111.9 KB

Write a comment

Comments: 3
  • #1

    Wendell (Wednesday, 01 June 2016 02:19)


    If you use the forexgaincode in another time will repaint.
    The confirmation only after 05 arrows for 1 minute and 03 arrows for 05 minutes lacked this guidance

  • #2

    tony (Wednesday, 01 June 2016 08:37)

    HI

    Kann you sign indicators on frame. This site it is the best. .THANK YOU manny times

    Best regards

  • #3

    Gaz (Thursday, 10 November 2016 00:54)

    Hi, thanks for posting. I would like to convert to mt5 for the power rail train indicator. Do u have the mq4 file please?