10 pips a day with CCI and MACD

 10 pips a day with CCI and MACD

CCI and MACD Trading System

Time Frame: 5min

Currency pairs: EUR/USD, GBP/USD

Forex Indicators: MACD (12,26,9)
CCI (14)

These are optional: 2 sets of bollinger bands, (20,1) and (20,2)
Daily pivots

Long
entry: 

This should all happen on the same M5 candle, EXCEPT for step 2 (which has to happen on the same candle or earlier)
Step 1 – CCI crosses +100 from
BELOW (meaning CCI has to ENTER the
overbought zone)

Step 2 – MACD moving average has to be below the histogram

Step 3 – MACD histogram bar needs to have a higher value than the previous bar (I use a custom MACD
indicator to see this easier)

Get E-Book Worth $100 for Free!!!

Reverse for short
entry

Stop
Loss
12 -15pips.

Profit Target7-10 pips Aud/USD 7, EUR/USD 8, GBP/USD 10

 

 

In the pictures 10 pips a day with CCI and MACD in action.

 
 

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

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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