Parabolic Sar and CCI Forex Scalping Strategy

0
2011

Last updated:

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.

Level up your trading

Learn to read the chart — not just the indicator

eBook · Instant PDF

The Candlestick Playbook
Read and trade 40+ candlestick patterns — with exact entries, stops and exits.

Video Course · 12 modules

The Price Action Masterclass
Read clean charts the no-indicator way — pin bars, support & resistance, entries and exits.

Recommended MT4/MT5 Brokers

XM
  • ✓ *FREE *$50 to start (withdrawable)
  • ✓ Deposit bonus up to $5,000
  • ✓ Negative balance protection

Open XM account →

FBS
  • ✓ Micro lot support
  • ✓ Automated position sizing
  • ✓ Free demo account

Open FBS account →

FXOpen
  • ✓ Advanced order types
  • ✓ Copy trading available
  • ✓ 100+ indicators

Open FXOpen account →

Trading forex and CFDs carries a significant risk of loss and is not suitable for everyone. Broker links are affiliate links — we may earn a commission at no cost to you.

Forex Strategy Download:

Download below


Enter Your Email Address below, download link will be sent to you.

Get Download Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here