FREE DOWNLOAD Forex Channel Gain Trend Reversal Trading with Double CCI EMA and Adaptive Laguerre Filter.
The purpose of this strategy is to limit the negative influence of the variability purpose bars that occurs in forex.
This variability of the bars makes the trading in forex, very complex and difficult.
- Time Frame: 30 min or higher
- Currency Pairs: GBPUSD, EURUSD, and USDJPY
- TMA band modified (Half-Length 56, Band Deviation 2.5)
- Adaptive Laguerre Filter look back 20, median 5
- Special Awesome modified
- Double CCI with EMA: trend period 70, entry CCI period 30, SMA1- 30, SMA2 – 5, SMA3 – 2
- When the price close below the lower band, wait the price came back above the Laguerre filter
- The awesome (AO-2) histogram blue color and above the 0 line
- Double CCI with EMA green color histogram
- When the price close below the lower band, wait the price came back below the Laguerre filter
- The awesome (AO-2) histogram red color and below the 0 line
- Double CCI with EMA red color histogram
Place initial stop loss above the upper band.
Make profit with ratio 2:1 or 3:1 stop loss.