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39# CCI with Bollinger Bands Bounce

CCI modified trading

Bollinger Bands reversal with CCI

Submit by Dimitriev

 

CCI with Bollinger Bands Bounce is a reversal trend strategy based on slow Bollinger Bands and CCI modified. The purpose of this strategy is to catch the ping pong of the price.

Time frame 15 min or higher.

Currency pairs: majors and minors at higher time frame.

 

Apply this template a more pairs in the same time and time frame. The trading signals generates by this template are profitable.

Indicators:
The 100 period BB deviation 3.
I-g-cci2 period 21, level "0".
TM M15, below no recommend (if too much itching, then the period in CCI do more than 3 times).
Long Entry
CCI crosses "0", the price is below MA100 or crosses it (the average line BB) ideally, the price should touch the lower line BB open buy order. If the price is too close to mA 100 (for me, the limit of 5 points 4 sign) - the transaction is dangerous. If the price is above 100 MA - do not go to buy!
Goal #1 - MA 100, goal # 2-upper\the lower(if cell) line BB. On change of the channel TP is transferred on change.

Initial stop loss below tthe lower band.

 

Short entry

CCI crosses "0", the price is above MA100 or crosses it (the average line BB) ideally, the price should touch the upper line BB open sell order. If the price is too close to mA 100 (for me, the limit of 5 points 4 sign) - the transaction is dangerous. If the price is below 100 MA - do not go to sell!
Goal #1 - MA 100, goal # 2-upper\the lower(if cell) line BB. On change of the channel TP is transferred on change.

 Initial stop loss above the upper band.

In the pictures CCI with Bollinger Bands Bounce.

CCI with Bollinger Bands Bounce
CCI with Bollinger Bands Bounce
CCI with Bollinger Bands Bounce
CCI with Bollinger Bands Bounce

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CCI with Bollinger Bands Bounce
CCI with Bollinger Bands Bounce
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