#975 The Best Signal Offered by The CCI and RSI Indicators

CCI RSI forex trading strategy – This “Forex MA RSI and CCI Woodies Trading Strategy” is a trend following based on the MA Channel, RSI, and CCI Woodie.

  • Time Frame: 30 min or higher
  • Recommended Currency Pairs: Major pairs
Recommended Article:  Learn Forex Trading Online - Forex Trend Catching H1 M15 Scalping System

 

MetaTrader Trading Indicators
  • Moving Average
  • ArrZZx2
  • Signal Trend
  • CCI Woodies LNX V6
  • PJ Over RSI
  • RSI

 

BUY Rules

  • The price above the 20 LWMA channel
  • CCI Woodie blue bars above 0 level
  • CCI Woodie line (upward and above the level 0)
  • P-J over blue color
  • RSI line above the level 60
  • ArrZZx2 green stars below the previous swing low
Recommended Article:  FxMatrixPro Trading System - An Extensive Guide on How to Scalp Forex

 

SELL Rules

  • The price below the 20 LWMA channel
  • CCI Woodie red bars above 0 level
  • CCI Woodie line (downward and below the level 0)
  • P-J over red color
  • RSI line below the level 40
  • ArrZZx2 red stars above the previous swing high

 

Trading NOTES
  • Place the initial stop loss above or below the previous candle – By putting stop-loss orders in place, you’re ensuring that, even if you don’t get to it in time, you won’t lose more than you can afford.
  • Risk reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading system

Leave a Reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com