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CC Cloud Lurch Support Resistance Trading with RSI Filter Indicator


CC Cloud Lurch SR Trading System – This is a trend following strategy that works well for all financial markets. You can also to apply this template to Renko chart with great results.

  • Time Frame: M30, H1, H4, and Daily
  • Financial Markets: any

 

MetaTrader Trading Indicators
  • CC Cloud
  • Lurch SR
  • Relative Strength Index

 

BUY Rules

Trading NOTES

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  • CC Cloud lime color
  • Price above the Lurch SR line
  • Relative Strength Index line upward and above 60

 

SELL Rules

  • CC Cloud red color
  • Price below the Lurch SR line
  • Relative Strength Index line downward and below 40

 

Trading NOTES
  • Cloud setting time frame 4H (D1) for the major trend ( with time frame 30 min or 60 min setting 240 ), time frame daily (weekly W1).
  • Expiry time for Binary Options high/Low 12-15 candles
  • For Renko chart box size 10 pips or higher. See here Renko chart
  • Initial stop loss at the previous swing High/low
  • Risk Reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading strategy

DOWNLOAD TRADING SYSTEM

 


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