Scalping with parabolic sar And CCI

Parabolic Sar and CCI

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Parabolic Sar and CCI indicator is a forex scalping strategy based on the parabolic sar indicator and Commodities Channel Index indicator. This is a trend- momentum forex strategy.

Pair :EUR/USD, AUD/USD, GBP/USD

Time Frame: 1 and 5 min

Metatrader Indicators:

50 SMA for 1min TF;

21SMA for 5 min TF;

CCI (45);

Parabolic SAR (0.02, 0.2).

Long Entry Position:

When Parabolic dot >SMA and CCI (45)>100.

Short Entry Position:

When Parabolic dot <SMA and CCI (45)<-100.

Exit Position:

Stop Loss on the SMA;

Trailing Stop;

Profit Target: EUR/USD (7-12 pips), AUD/USD (5-8 pips), GBP/USD (7-15 pips).

In the picture below an example of the Scalping with Parabolic Sar and CCI Forex System in action.

Scalping with parabolic sar And CCI

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CCI with Parabolic

Scalping with Parabolic Sar and CCI Trading System

Scalping with Parabolic Sar and CCI Trading System is based on Parabolic Sar and CCI indicator.

scalping with Parabolic Sar and CCI TEmp

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