CCI Trend Continuation ~ forex trading hours chart
CCI Trend continuation is a simple trading system based on two Commodity Channel Index indicators.
Time Frame: any.
Financial Markets: any.
Setup CCI
Commodity Channel Index (14 period, Tipical price HLC/3, levels: 90, 0, -90)
Commodity Channel Index (50 period, Tipical price HLC/3 levels: 90, 0, -90).
Trading ony in the direction of the Trend.
CCI >0 trend is up.
CCI<0 Trend is down.
Long Entry
CCI 50 >0
CCI 14 crosses upward zero line from the bottom -90
Short Entry
CCI 50 >0
CCI 14 crosses upward zero line from the bottom -90
Exit position with predetermined profit target and fixed stop loss and breakeve stop that depends by Currency pairs and time frame.
Idea for trading.
Build an Expert Advisor whit the previous rules and apply it to the London and New York sessions or parts of sessions.
Time Frame 30 min
Time application of robots.
9:00 22:00
Time Frame 15 min
GMT Berlin
Time application of the EA.
9:00 24:30
16: 00-22: 00
What are the best days to apply automated strategies intraday?
The days when the distance between thepivot pionts is greater or equal to 25 pips.
More info for CCI Trend Continuation ~ forex trading hours chart:
