19# Action Trade Trading System

DoubleCCI Scalping

Submit by  ForexStrategiesResources

 

This is a DoubleCCI Scalping System.

 

This Trading System is only for ECN Brokers Accounts.

 Pairs:Major

Time frame: 1M.

Spread max:0,00015.

Price: Bar Chart.

Indicators:

  1. Kino T3 Ma Ribbon filled;

  2. Kijun Tekan (default);

  3. RD Pivot Line;

  4. Je-Bar;

  5. Ma Candles;

  6. Zig Zag Pointer;

  7. Spud Fibo;

  8. Fx Prime V Final;

  9. Kino close under ribbon;

  10. DoubleCCI With Sma.

 

Long Entry Position:

Kino Close under ribbon, DoubleCCI With SMA and FXPrime is green.

Short entry position:Kino Close under ribbonDoubleCCI With SMA and FXPrime is red.

No Trade Zone: Kino close under ribbon is yellow.

 


Profit exit: price toches SpudfFibo level, price crosses Kino T3 Ma Ribbon filled (27, 36)

Stop Loss: 8-10 pips and move to breakeven.

Action Trade Trading System
Action Trade Trading System

ActionTrade V.3.12

Action Trade Trading System
Action Trade Trading System
Action Trade Trading System
Action Trade Trading System

Zone Characteristics:

1. When price rises from or falls out of all three zones at the same time (especially when they are very narrow and close together) it’s going to be a high probability trade. Price goes into black area. These are by far the best trade setups….. for the simple reason that there is no price rejection by one of the other ribbons !!!! Look at example in chart 1.

2. When price rises from TF1 ribbon and TF1 ribbon starts rising above TF5 and TF15 ribbons (Strong Uptrend), it’s very likely that this breakout to the upside will present more than one trade.

 

Most of the time two or three trades are possible here. The same goes for the opposite direction when price falls out of TF1 ribbon and TF1 ribbon falls under both TF5 and TF15 ribbon (Strong Downtrend)….. now check #Kino_CCI_RSI_v5 and look for more than 1 Short trade in a row.

3. When price goes from one zone (say TF1) towards another (say TF5) look for support or resistance on the edges. Look at Chart 2. Usually a zone can be entered by price when a zone is widening and price will be rejected when a zone is narrowing. When a Zone is very narrow resistance/ support will

usually be high, though price crosses with ease right at the center crossing of a ribbon (i.e at crossing

of ribbon lines of that specific TF ribbon. Most of the time this will be the case with TF1 Ribbon when this happens).

 

4. Trading in the space between Ribbon Zones (i.e. in black area) usually too presents good trade

setup possibilities when price is not (immediately) going to be rejected by a nearby Ribbon or a pivot, etc. The wider the black space between the zones the better the chances for a good trade setup….. yet always verify any trade at the same time with #Kino_CCI_RSI_v5 and strength of divergency.

5. Trading inside a wide opened zone (say TF15) is also possible, For instance when trading GBPJPY you will notice this zone quite often to be very wide. Now when TF1 ribbon has entered and price rises or falls out of TF1 ribbon…… and simultaneously TF5 ribbon being at sufficient distance for price not to be rejected…..price quite often will rise or fall to the other side of the TF15 ribbon. Example 4:

Trade starts inside TF15 ribbon on support of both TF1 and TF5 Ribbon.... read more on the pdf in attach....

files MT4
action trade.rar
compressed file archive 177.0 KB
action trade Trading System
ActionTrade v3.12.zip
Compressed Archive in ZIP Format 1.5 MB
Action trade trading style
Action trade trading style.pdf
Adobe Acrobat Document 1.6 MB
actiontrade v3.12
! actiontrade v3.12- fx50 system 1 min (
Compressed Archive in ZIP Format 33.7 KB
! actiontrade v3.12- fx50 system 1 min Template
! actiontrade v3.12- fx50 system 1 min f
compressed file archive 2.8 KB

 

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Comments: 2
  • #1

    Forextradingstrategiesresources (Tuesday, 11 June 2013 19:40)

    Stop Loss is good on the previous swing with move stop loss.

    Janus Trader

  • #2

    Rorschach (Saturday, 15 August 2015 16:22)

    Thanks ForexStrategiesResources for this awesome set up!! I want to thank you for all the information and tools shared for free to give people a shot to truly be successful in trading FX and be able to do good for our families and others Lord willing!!!

    I have a question about this system here...do the MA Zones on the chart itself only appear when Market is on/live, because as of right now after market close I only see a blank chart with the fib and pivot levels? Thanks again!