Simple CCI Forex Scalping Strategy

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Simple CCI Forex Scalping Strategy

This is a scalping strategy that focuses on the CCI indicator with the help of TCCI as trend indicator. This system works on a 15 minute timeframe and this is applicable to any major currency pairs.

Metatrader Indicators:

  • CCI 14
  • TCCi (trend indicator)

Long Entry:

  • CCI indicator must cross above its oversold level.
  • TCCI turns green.
  • To exit position, CCI indicator must cross below its overbought level or CCI crosses below its oversold level.

Short Entry:

  • CCI indicator must cross below its overbought level.
  • TCCI turns red.
  • To exit position, CCI indicator must cross above its oversold level or CCI must cross above its overbought level.

Profit Target 6 -12 pips

Stop loss 15-20 pips.

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