Forex CCI Stochastic Arithmetic Trading Strategy
Forex CCI Stochastic Arithmetic Trading Strategy:
CCI Stochastic with Arithmetic indicator is a trend momentum system.
Time Frame H1
Currency pairs: Majors.
Metatrader Indicators:
Bollinger Bands (20, 3); for aggressive setting (20, 2).
Arithmetic indicator (go menù charts> objets and delete link and label)
CCI Stochastic (14, 5, 3) .
Rules for CCI Stochastic with Arithmetic indicator
Buy
When Arithmetic indicator draw arrow on the bar that bounce or broken the lower band, wait CCI Stochastic (buy)arrow and buy at opening of the next bar.
Sell
When Arithmetic indicator draw arrow on the bar that bounce or broken the upper band, wait CCI Stochastic (sell) arrow and sell at opening of the next bar.
Initial stop loss at the previous swing.
Make profit at the next band or at the next opposite Arithmetic arrow.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex CCI Stochastic Arithmetic Trading Strategy?
- Download Forex CCI Stochastic Arithmetic Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex CCI Stochastic Arithmetic Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
