Trading With Double CCI Forex Scalping Strategy

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Trading With Double CCI Forex Scalping Strategy

This strategy is using 2 CCI with other indicators such as 4x sema and asctrend indicator for support. Since this is a scalping method, it would be useful if it is used in a lower timeframe such as 5 minutes.

Forex Indicators:

  • 4X sema indicator,
  • Asctrend indicator,
  • CCI indicator periods 66,
  • CCI indicator periods 133.

Long Entry:

  • Sema signal shows green circle.
  • A yellow arrow will appear on the ASCtrend signal indicator.
  • CCI indicator periods (66) is greater than 100.
  • CCI indicator periods (133) is greater than 0.

Short Entry:

  • Sema signal shows red circle.
  • A pink arrow will appear on the ASCtrend signal indicator.
  • CCI indicator periods (66) is less than -100.
  • CCI indicator periods (133) is less than 0.

Exit Position:

  • At the opposite arrow of Asctrend Indicator.
  • Take profit Ratio 1:3 Stop loss.
  • Target profit is 20-25 pips but that depends on currency pairs.
  • Initial stop loss on the previous swing.

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