Daily Time Frame Trading Strategy with CCI and Nihilist Rowshan Filter

High accuracy Forex Daily Time Frame Trading Strategy with CCI and Nihilist Rowshan Filter – You have to remember, a trend on a longer time frame has had more time to develop, which means that it will take a bigger market move for the pair to change course.

There you can make a strategic decision to go long or short based on whether the market is ranging or trending.

  • Time Frames: Daily
  • Currency Pairs: Any
Recommended Article:  SEFC Bullish Bearish Market Trading System

 

MetaTrader Trading Indicators
  • MT4 X – TFx
  • MT4 II SUPDEM
  • Time To Next Candle
  • Signal Trend
  • MTFMA
  • Forex Strategist SR
  • Commodity Channel Index
  • Nihilist Rowshan

 

BUY Rules

  • Price above MTF EMA Daily and MTF EMA Weekly
  • MTF EMA Daily above the MTF EMA Weekly
  • Forex Strategist SR  white color
  • CCI line upward and above 50  level
  • Nihilist Rowshan indicator bullish (the white line above the olive line)
Recommended Article:  High Accuracy Forex Super Signal Channel Trading with Fisher CCI Filter [9067]

 

SELL Rules

  • Price below MTF EMA Daily and MTF EMA Weekly
  • MTF EMA Daily below the MTF EMA Weekly
  • Forex Strategist SR  yellow color
  • CCI line downward and below -50  level
  • Nihilist Rowshan indicator bearish (the white line below the olive line)

 

Trading NOTES

A general rule is that the longer the time frame, the more reliable the signals being given. As you drill down in time frames, the charts become more polluted with false moves and noise.

Ideally, traders should use a longer time frame to define the primary trend of whatever they are trading.

This “ForexWOT Trading Daily Weekly Multiple Time Frame EMA” is very easy, simple, and extremely high accuracy if you discipline to the rules.

Recommended Article:  EMA Bullish-Bearish Engulfing Trading System

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Your email address will not be published.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