Multi Time Frame Moving Average Trading system strategy with CCI Woodies LNX – This is a very simple trading system. With simple indicators, you scan the market for winning setups just like the complex systems that are available.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M30 or higher
- Currency Pairs: EURUSD and GBPUSD
MetaTrader Trading Indicators
- MTF Moving Average
- Moving Average
- Heiken Ashi
- CCi Woodies LNX
- PJ-over RSIBar Clock
How to install “MA Trading with CCI Woodies LNX System“
- Download “TraderVersity.Com-MTFMovingAverage” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-MTFMovingAverage.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-MTFMovingAverage” trading system and strategy
- You will see “MA Trading with CCI Woodies LNX Trading System” is available on your Chart
BUY Rules
- Moving Average channel above the MTF Moving Average
- 20 MTF MA (1440) > 60 MTF MA (1440)
- Heiken Ashi candle white color
- CCI Woodies LNX green histogram
- CCI Woodies LNX line above 50 level
- PJ-over RSI green color
SELL Rules
- Moving Average channel above the MTF Moving Average
- 20 MTF MA (1440) > 60 MTF MA (1440)
- Heiken Ashi candle white color
- CCI Woodies LNX green histogram
- CCI Woodies LNX line above 50 level
- PJ-over RSI green color
Trading NOTES
- Initial stop loss above or below the previous swing
- Risk Reward Ratio 1:2 or 1:3
- Best Time Frame is H4