Forex CCI Supertrend Scalping Strategy
Forex CCI Supertrend Scalping Strategy:
CCI and Supertrend Scalping is a trading system inspired by Ilan Expert Advisor (EA) modified. This is a trend-momentum strategy, the CCI signals are filtered by Supertrend indicator. CCI momentum with the trend. The signals are good for generates fast profit. In the original system there is Ozymandias indicator that I have replaced with supertrend because is more sensitive.
Time frame 5 min.
CCI and Supertrend Scalping is also good for trading with binary Options high/low with expiry time 3-.candles.
Metatrader 4 Indicators
Zig zag with alerts (12, 5, 3),
Supertrend defaul setting.
CCI nrp signals.
Trading rules CCI and Supertrend Scalping
Buy
Lawn drawn on the chart.
CCI nrp buy signal.
Price of candle close above the supertrend indicator.
Conservative option is to trade only when the Supertrend is green line.
Fast profit target (3-7 pips).
Initial stop loss below the previous low swing.
Sell
Peak drawn on the chart.
CCI nrp sell signal.
Price of candle close below the supertrend indicator.
Conservative option is to trade only when the Supertrend is red line.
Fast profit target (3-7 pips).
Initial stop loss above the previous high swing.
This trading system is suitable also at money management with martingale with (1.2 at 2.0).
In the pictures CCI and Supertrend Scalping in action.
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 Supertrend Scalping Strategy?
- Download Forex CCI Supertrend Scalping 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 Supertrend Scalping 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”.
