650# Gold Intraday Trading System

Gold Intraday Trading System is for intraday and scalping. This simple system is based on three metatrader 4 indicators CCI Filter, Half Trend as timing for entries in the market, TMA Bands with distance for to determine the best position for entry in the market based on oversold and overbought. The principle of this system is simple to wait until the price touches or breaks the upper or lower bands and wait for the half-trend entry signal confirmed by the Commodity Channel Index. In high time frames the timing of entry can only be CCI no need for Half Trend. Gold Intraday System can also be used at high time frames and with all currency pairs, so it is also suitable for trading with high / low binary options.

Time frame 1 min or higher.

Currency pairs: Gold and all.

Binary options high/low (time frame 1 min, 5 min, 15 min) expiry time 5-15 candles depends by time frame.

Metatrader 4 Indicators

TMA Bands with distance, half length 61, ATR 2.6, ATR period 110.

TMA Bands with distance, half length 61, ATR 3.8, ATR period 110.

Half Trend Time frame 1 min and 5 min (amlitude 2), Time frame 15 min and higher amplitude 1.

CCI 18 period level 100, -100.

Pivot points levels indicator only for scalping and day trading.

Buttons editable with all preferred currencies in the indicator setting. Optional.

Trading rules Gold Intraday Trading System

Buy

Wait until the price touches or breaks the lower bands TMA and wait for the half-trend buy arrow, signal confirmed by the Commodity Channel Index > 0.

Place initial stop loss below slow TMA bands and profittarget before the upper TMA bands or take profit at the pivot points level.

Sell

Wait until the price touches or breaks the upper bands TMA and wait for the half-trend sell arrow, signal confirmed by the Commodity Channel Index < 0.

Place initial stop loss above slow TMA bands and profit target before the lower TMA bands, or take profit at the pivot points level.

This is a winning strategy.

In the pictures Gold Intraday Trading System in action.

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