QQE ARR Trading System with CCI and RSI Filter indicator is a simple trend strength strategy based on the QQE Arr indicator.
This trading system can be improved with price action or your personal system because the QQE arr is a good indicator.
- Time Frame: M30 or higher
- Financial Markets: Commodities, Indices, Stocks, and Forex
- QQE arr
- RSI filter (14)
General Trading rules QQE ARR Trend Strength Strategy:
- Step open 4H charts or higher depends on the time frame and find the currency, index or commodities in trend.
- Step open chart 30 min or 60 min time frame and apply the template.
- Trades only in the direction of the trend.
- The green arrow of QQE arr is confirmed by RSI Filter with aqua bars
- CCI line upward and above 50
- The red arrow of QQE arr is confirmed by RSI Filter with red bars
- CCI line downward and below -50
- Exit at opposite arrow place stop loss at the previous high/low
- Risk Reward Ratio 1:2 or 1:3
- Advantage: this forex strategy is very simple and clean.
- Disanvantage: Profitability is between 60%.
- This idea of trading can be improved with a filter or a filter system best because QQE arr is a good indicator
- Use a demo account or a small live account first to practice this trading strategy