7# MACD and CCI Trading System

MACD, CCI and Zig Zag

Submitted by staff ForexStrategiesresources

 

Chart Setup:

Zig Zag;

MACD 21, 89,1; set on close

CCI 34 set on close

CCI 46 Set on close but superimposed at the same window as CCI 34.

Sistem Rules:

Enter long position:

 

  1. The Zig Zag has formed a low swing point and;

  2. Both the CCI 34 and CCI 46 cross the zero line below and;

  3. MACD is above zero;

  4. you coul also enter when both CCI 34 and 46 cross the 100 level if the condition 1 and 3 are met

  5. Aim to take profit of not more than 5 pips (TF 5) 8 pips (TF15) on EUR/USD

  6. Exit on take profit or when the swing point of the Zig Zag is high or wichewer one comes first.

Enter short position

1) The Zig Zag has formed a high swing point and

  1. Both the CCI 34 and CCI 46 cross the zero line above and;

  2. MACD is below zero

  3. you coul also enter when both CCI 34 and 46 cross the 100 level if the condition 1 and 3 are met

  4. Aim to take profit of not more than 5 pips (TF 5) 8 pips (TF15) on EUR/USD

  5. Exit on take profit or when the swing point of the Zig Zag is low or wichewer one comes first.



In this example below, seven wins and two losses

Trading system CCI and MACD
Templete MT4 cci and macd.rar
compressed file archive 1.2 KB

 

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