10 Pips A Day With CCI & MACD Forex Scalping Strategy
This is a strategy that works on a 5 minute timeframe and is applicable to EURUSD and GBPUSD pairs. MACD and CCI are the main basis of this strategy but there are also extra indicators for this system.
Forex Indicators:
- MACD 12, 26, 9
- CCI 14
- bollinger bands 20, 1 and 20, 2
- Daily pivots
Long Entry:
- CCI must cross +100, must enter the overbought zone.
- MACD MA is below the histogram.
- MACD histogram bar needs to have a higher value than the previous bar.
Note: All must happen on the same 5 minute candle, step 2 has to happen on the same candle or earlier.
Short Entry:
- Exactly the opposite of the long entry:
Set stop loss at 15 pips and take profit at 10 pips for AU, 7 for Eu and 8 for GU.
Recommended MT4 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
Click here below to download: