CCI Trend intraday trading
Submit by Morris 21/02/2017
Super Mega Winner is a intraday strategy trend-momentum based on CCI and Super Mega Winner indicator. Remember that for intraday trading is important to choose the currencies in trend at the higher time frame to avoid the range markets. A good choice is crucial.
Time frame 15 min or 30 min.
Currency pairs with low spreads max 2.8 pips.
Metatrader indicators:
Exponential moving average 55, close.
Exponential moving average 21, close.
Pivot alert,
Histogram CCI 20 period,
Super Mega Winner indicator.
Trading rules Super Mega Winner
Buy
Price above EMA 50,
Histogram CCI green bar,
Super Mega Winner indicator green dot.
Sell
Price below EMA 50,
Histogram CCI red bar,
Super Mega Winner indicator red dot.
Exit position
Exit position with predetermined profit target that depends by time frame or currency pairs. (15 min TF 12-18 pips , 3o min TF 15- 22 pips). Exit also at the pivot alert levels.
Place inititial stop loss at the previous high/low and move stop loss at the entry price with 10 pips in gain at the 15 min TF or 13 pips in gain at the 30 min TF.
In the pictures Super Mega winner in action.
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