Parabolic Sar and CCI Forex Scalping Strategy

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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.

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