Forex Double CCI RSIOMA Scalping Strategy
Forex Double CCI RSIOMA Scalping Strategy:
RSIOMA is advanced version of RSI.
Pairs:EUR/USD, Aud/USD, GBP/USD.
Time frame:1M and 5M.
Indicators:
2MA crossover(default);
Heiken Ashi smoothed;
Rsioma (default);
DoubleCCIWoody (default);
Spudfib.
Long Entry:
Signal Buy 2MA crossover;
DoubleCCIWoody is green;
RSIOMA>65.
Sell Entry:
Signal Buy 2MAcrossover;
DoubleCCIWoody is red;
RSIOMA<35.
1M TF Exit:
Target Price: 10 pips or Fibonacci level;
Stop loss: 10 pips or HA changed color from green to red.
5MTF Exit:
Targetprice: 15 pips or Fiblevel;
Stop loss: 12pips or HA changed color from red at green.
DON’T Trade During News
If there is a news event and it occurs during your trading times, never trade 30 minutes before and 30 minutes after the news event.
What does Forex Strategy mean?
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.
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How to install Forex Double CCI RSIOMA Scalping Strategy?
- Download Forex Double CCI RSIOMA 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 indicator
- Load indicator on your chart
How to uninstall Forex Double CCI RSIOMA 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”.
