Momentum is so important to trading – And today we’ll learn a very simple and high accuracy momentum system named “GoldMiner CCI Momentum Filter“.
Now, let’s go to the high probability trading system”Forex 4TF StochBars with GoldMiner CCI Momentum Filter”.
- Time Frame: M30 or higher
- Currency Pairs: any
- 4TF Stoch Bars
- Ichimoku Kinko Hyo
- Fx Explosion
- Commodity Channel Index
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- Use a demo account or a small live account first to practice this trading system
- 4TF Stoch Bars (The first 3 vertical boxes (stochastic bars) must be in alignment with their direction (lime color).)
- GoldMiner2 lime color
- Commodity Channel Index line above 50 level
- Fx Explosion green histogram and above the MA line
- Price above The Tenkan-Sen (Ichimoku Kinko Hyo) line
- 4TF Stoch Bars (The first 3 vertical boxes (stochastic bars) must be in alignment with their direction (red color).)
- GoldMiner2 red color
- Commodity Channel Index line below -50 level
- Fx Explosion red histogram and below the MA line
- Price below The Tenkan-Sen (Ichimoku Kinko Hyo) line
- Initial Stop loss above the previous swing high or below the previous swing low.
- Risk Reward Ratio 1:2 or 1:3