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Forex Trend Momentum Strategy with CCI and RSI


This “Forex Trend Momentum Strategy with CCI and RSI”¬† is inspired by Spikes Trend Finder write by Spike on ForexFactory forum.

  • Time Frame: M15 or higher
  • Currency Pairs: EURUSD, GBPUSD, USDJPY, and all major pairs

 

MetaTrader Trading Indicators
  • Relative Strength Index
  • Commodity Channel Index

 

BUY Rules


  • Relative Strength Index lines above 50 level
  • Commodity Channel Index above 0 level

 

SELL Rules

  • Relative Strength Index lines below 50 level
  • Commodity Channel Index below 0 level

 

Trading NOTES
  • Stoploss for BUY Signals, 100-150 pips BELOW entry Bar
  • Stoploss for SELL Signal, 100-150 pips ABOVE entry Bar
  • Profit Target use support/resistance area
  • levels or predetermine profit target that depends by time frame and currency pairs

DOWNLOAD TRADING SYSTEM


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