Forex IBS RSI CCI Trading Strategy
Forex IBS RSI CCI Trading Strategy:
IBS, RSI, CCI Sistem is a trend trend reversal system. This system works well in the side market and in markets trending .But this is not Holy Grail.
Time Frame 15 min or higher
Financial markets: any.
Metatrader Indicators:
IBS, RSI, CCI
MA Bands: MA period 9, Osma 3, Dist 20, Deviation 0.4, Bperiod 20.
Trading Rules IBS, RSI, CCI Sistem
Buy
When appears the buy arrow alert of the Ma Bands wait the buy arrow of the IBS, RSI CCI indicator and entry long at the open of the next bar.
Sell
When appears the sell arrow alert of the Ma Bands wait the sell arrow of the IBS, RSI CCI indicator and entry short at the open of the next bar.
Exit position with predetermined profit target that depends by currency pair and the time frame o at the opposite bands.
Initial stop loss at the previous swing.
Time fram 5 min or higher.
Metatrader indicators
e-rainbow: 1-13
IBS, RSI, CCI
Trade only in the direction of the trend
Long entry
Price above the rainbow.
When appears buy arrow of the IBS, RSI CCI indicator, entry long at the open of the next bar.
Short entry
Price below the rainbow.
When appears sell arrow of the IBS, RSI CCI indicator, entry short at the open of the next bar.
This indicator makes the great entries trend following.
Exit position with predetermined profit target that depends by currency pair.
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 IBS RSI CCI Trading Strategy?
- Download Forex IBS RSI CCI 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 IBS RSI CCI 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”.
