10# CCI Stochastic and MACD Trading System

Submit by Forexstrategiesresources

 

Timeframe: 15 mins, 30 mins, 1 hour or 4 hours

 

Forex Indicators:
1. 
CCI (Commodity Channel Index) with default setting of 14;
2. 
Stochastic with default setting of 14, 3,3;
3. 
MACD with 8 and 40 as MA and 8 as Signal line;

Enter LONG WHEN:
1. 
(CCI >= 0) AND
2. 
(Stochastic >= 50) AND
3. 
(MACD >= 0)

 

Enter SHORT WHEN:
1. (CCI <= 0) AND
2. (Stochastic <= 50) AND
3. (MACD <= 0 OR DI <=0)


Exit Order:

When CCI Cross zero line;

Take Profit Aggressive: EUR/USD 15 min 8 pips, 30 min 11 pips , 1 Hour 13 pips, 4 Hours 50 pips.


 

In the picture below CCI Stochastic and MACD Trading System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Write a comment

Comments: 1
  • #1

    Sandy (Monday, 20 July 2015 20:26)

    im a newbie in forex trading,and i have a small doubt..in the pic above,for tthe CCI indi,it shows setting of 14,but in the beginning its given the setting of 14..why is the difference there?

CCI Forex Strategies