117# Commodity Chanel Index System
CCI multitime frame strategy
Submit by Django 13/04/2014
Commodity Chanel Index System is based on CCI indicator and is an forex strategy multitime frame.
Currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, EUR/GPY, GBP/JPY
TimeFrame 15 min or 60 min.
Exponential moving averages 3 periods,
moving averages 5 periods,
Exponential moving averages 13 periods,
Commody Channel Index 21 periods with fixed levels (90, -90, ).
Rules Commodity Chanel Index System
open 5min chart and check the last down swing.
Open 15 min chart and check that the there is a trend down 3 Ema< 5 Ema < 13 Ema.
Entre trade when on the 5 min chart the commodity channel index broken -90 level on the cci indicator.
open 5min chart and check the last up swing.
Open 15 min chart and check that the there is a trend up 3 Ema> 5 Ema and 13 Ema.
Entre trade when on the 5 min chart the commodity channel index broken +90 level on the cci indicator.
For time Frame 60 min switc at the 15 min chart.
When on the 15 min chart 3 EMA crosses 5 Ema and 13 Ema in opposite direction or with profit target perdetermined.
Initial stop loss on the previous swing.
In the picture Commotity channel Index system in action.