Parabolic Sar and CCI

This is a trend- momentum forex strategy. Pairs to be included in this system are EURUSD, AUDUSD, GBPUSD with a 1 minute and 5 minute timeframe. Indicators that were used are listed as follows:

• 50 SMA for 1min TF;
• 21SMA for 5 min TF;
• CCI (45);
• Parabolic SAR (0.02, 0.2).

For LONG entry:

Parabolic dot must be greater than SMA and CCI 45 must be greater than 100.

For SHORT entry:

• Parabolic dot must be less than SMA and CCI 45 is less than -100.

Set stop loss on the SMA or trailing stop.

For EURUSD, take 7-12 pips, AUDUSD, 5-8 pips, GBPUSD 7-15 pips.

Recommended MT4 Broker

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
• Exclusive 90% VIP Cash Rebates for all Trades!

>> Sign Up for XM Broker Account here with Exclusive 90% VIP Cash Rebates For All Future Trades [Use This Special Invitation Link]  <<

Already an XM client but missing out on cashback? Open New Real Account and Enter this Partner Code: VIP90

Click here below to download:

Save

Save