Forex Super Trend Commodity Channel Index Strategy [9127]

High Accuracy “Forex Super Trend Commodity Channel Index Strategy” – If the market was flat nobody would buy or sell. The only way for you to be able to make money from any financial market is to either buy expecting the market to move up or sell expecting the market to move down.

So the trend, no matter how big or small it may be, represents an opportunity for somebody to make money, no matter what time frame they trade-off or what trading strategy they use.

This “Forex Super Trend Commodity Channel Index Strategy” is trend following.

Time Frame: M5 or higher

• Currency Pairs: GBPUSD and EURUSD

 

• Super Trend
• Forex Trend
• The G(roovy) Spot
• Bid-Ask Big Prices
• NonLagDot
• Commodity Channel Index

Knowing when a trend has changed is one of the main problems traders face in the markets.

There are many different methods people use to try and work out when the trend has changed, some use fundamentals, others use indicators, the concept of analyzing the swing highs and lows being made in the market is one of the oldest technical trend identification methods around.

This  Super Trend Commodity Channel Index System is a crystal clear trend following “trading” methodology.

 

• Download “ForexWOT.Com-SuperTrendCCI” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “ForexWOT.Com-SuperTrendCCI.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 system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “ForexWOT.Com-SuperTrendCCI” trading  system and strategy
• You will see “Forex Super Trend Commodity Channel Index System” is available on your Chart

 

• Super Trend: Blue histogram
• Forex Trend: Blue histogram
• The G(roovy) Spot: Blue “UP” arrow
• NonLagDot: Glue dots
• Commodity Channel Index: Above level 50

 

• Super Trend: Red histogram
• Forex Trend: Red histogram
• The G(roovy) Spot: Red “DOWN arrow
• NonLagDot: Red dots
• Commodity Channel Index: Below level -50

 

Just because this method is very old and simple, does not mean its any longer effective.

Personally I think its the best way to identify a trend change in the market without having any knowledge of fundamentals, which can be very complicated to new and experienced traders, I hope you have enjoyed reading this guide.
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