93# CCI Trend Strategy
Submit by Joy22
Time frame 5 min or higher.
Currency pairs: all.
For intraday trade between the hours of 06:00GMT and 16:00GMT.
If the 40EMA is above the 80EMA we look to buy when:
The CCI indicator crosses from below 0.0 to ABOVE 0.0.
If the 40EMA is below the 80EMA we look to sell when:
The CCI indicator crosses from above 0.0 to BELOW 0.0.
5-min 10 – 15 pips
15-min 15 – 20 pips
30-min 15 – 25 pips
Hourly 20 – 35 pips
4-Hour 30 – 50 pips
Daily 50 – 150 pips
The take-profit strategy that I ended up sticking with is just taking profit at 3:1. if my stoploss is 25 pips ...then I will set my take profit at 75 pips.
However, once price reaches 2:1 – To move
stoploss to break-even so that if the trade reverses against.
Share your opinion, can help everyone to understand the forex strategy.
CCI Forex Strategies