CCI Forex Support and Resistance Strategy

This system works on a 15minute timeframe and applicable to any currency pairs.

Forex  Indicators:

• CCI Custom Candle;
• Support and Resistance;
• MTF Trend envelopes 240;
• MTF Trend envelopes 60;
• All Pivots;
• CCI 14 (leve buy 75, level sell -75);

Rules:

• Trade only in the direction of the trend.

Long Entry:

• CCI Custom Candle Aqua.
• MTF Trend envelopes 240 an 60 below the candles,
• CCI14 above the level 75.

Short Entry:

• CCI Custom Candle red.
• MTF Trend envelopes 240 an 60 above the candles,
• CCI14 below the level – 75.

Exit positions:

There are 3 options to exit:

• On the pivot levels
• with profit target predetermined, depends by currency pairs.
• 3 pips before level support or resistance.

Stop loss must be 5 pips above or below MTF trend envelopes 60.

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