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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.

Trading NOTES

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  • 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

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