This “Trend Line Breakout Trading with CCI Woodies Filter” is an Intraday forex strategy price action based on Trendline indicator filtered by CCI Woodies LNX V6.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: M30, H1, and H4
- Currency Pairs: EURUSD and GBPUSD
MetaTrader Trading Indicator
- I_TDTL_v2 Trend line Indicator
- Spud Fibo
- CCI Woodies
- XPV7 XPMA line
BUY Rules
- Wait for the bar to close above the green line of I_TDTL_v2 Trendline Indicator
- Price has to be above the blue color XPV7 XPMA line
- CCI Woodies bullish
- blue color bars
- the blue EMA line above 0 level
SELL Rules
- Wait for the bar to close below the red ine of I_TDTL_v2 Trendline Indicator
- Price has to be below the red color XPV7 XPMA line
- CCI Woodies bearish
- red color bars
- the blue EMA line below 0 level
Trading NOTES
- Risk Reward Ratio 1:3 or make a profit on the levels of the spud fib indicator
- Initial stop loss 200 pips above or below the entry bar