CCI indicator with MTF Trend Envelope
Submit by joy 22
Time Frame 15min.
Currency pair:majors.
Forex Indicators:
CCI indicator 14
Gann Hi Lo Activator indicator 2
Long Entry
MTF Trend Envelope 60, 240 and Gann Hilo Activator are same direction UP. Entry long when CCI 14 breaks up level 75.
RE_Entry: 1°Wait that CCI come back below 0 level, 2° after, Wait that CCI breaks up 75.
Short Entry
MTF Trend Envelope 60, 240 and Gann Hilo Activator are same direction Down. Entry Short when CCI 14 breaks down level -75.
RE_Entry: 1°Wait that CCI come back above 0 level, 2° after, Wait that CCI breaks down -75.
Place Stop Loss on the line MTF 60min.
Profit Target: on the level pivot or PT predetermined 14 pips EUR/USD, 11 pips AUD/USD, 16 pips GBP/USD.
In the pictures CCI Explosion forex system in action.
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