Forex RSIOMA-CCI Trend Momentum Trading System

RSIOMA-CCI Trend Momentum Trading System – This “RSIOMA MetaTrader indicator” indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes.

• Time Frame: M30 or higher
• Currency Pairs: GBPUSD and EURUSD

 

• RSIOMA
• Commodity Channel Index
• Exponential Moving Average

• Download “TraderVersity.Com-RSIOMACCI” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-RSIOMACCI.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-RSIOMACCI” trading  system and strategy
• You will see “RSIOMA-CCI Trend Momentum Trading System” is available on your Chart

 

• RSIOMA: RSI above MA and RSI above level 50
• Commodity Channel Index: above level -50
• Exponential Moving Average: 5 EMA > 10 EMA

 

• RSIOMA: RSI below MA and RSI below level 50
• Commodity Channel Index: below level -50
• Exponential Moving Average: 5 EMA < 10 EMA

 

• Place the Initial Stop loss 2 pips above or below the previous candle
• Predetermined Profit Target ratio 1:2 with stop loss (if stop loss is 30 pips the profit target is 60 pips).

Note: If one is earning 60 pips is recommended to insert the trailing stop of the 20 pips.

DOWNLOAD TRADING SYSTEM