Here’s how the “100Pips Momentum Trading with Coloured Woodies CCI Filter” works, and how to use it the forex market accurately.
This is a VERY SIMPLE and HIGH ACCURACY Trading System.
Forex 100Pips Momentum System is a trend following trading technique designed to generate high accuracy BUY and SELL signals from a combination of currently available indicators for the MetaTrader 4 (MT4) platform.
- Timeframes: H1, H4, and Daily
- Currency pair: EURUSD, GBPUSD, USDJPY, USDCAD, and AUDUSD
MetaTrader Trading Indicators
- Coloured Woodies CCI indicator
- 100Pips Momentum
- William’s Percent Range
- Signal Trend
- Exponential Moving Average
BUY Rules
- Coloured Woodies CCI indicator
- Blue color histogram
- CCI line upward and above level 50
- Blue line 100Pips Momentum indicator above the red line
- 5 Exponential Moving Average upward and above the 100Pips Momentum indicator
SELL Rules
- Coloured Woodies CCI indicator
- Red color histogram
- CCI line downward and below level -50
- Blue line 100Pips Momentum indicator below the red line
- 5 Exponential Moving Average downward and below the 100Pips Momentum indicator
Trading NOTES
- This is a VERY SIMPLE and HIGH ACCURACY Trading System
- Initial stop loss at the previous swing with Risk Reward Ratio 1:2 or 1:3
- After 25 pips in gain, move stop loss at the entry price
- Use a demo account or a small live account first to practice this trading system
- Use these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
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what the hell is the point of showing all these indicators with promises of pips but no download button.i smell male cow here.