PUX CCI Forex Scalping Strategy

Trading Strategies 0 1,383


Summary : 

PUX CCI Forex Scalping Strategy is a trend momentum strategy. PUX CCI Forex Scalping Strategy is based on the PUX CCI and RSI, MA Indicaotrs.

 

Metatrader Indicators : 

- Moving Average (144, Smoothed, Close).

- Moving Average (144, Linear Weighted, Close).

- Moving Average (44, Linear Weighted, Close).

- Moving Average (24, Linear Weighted, Close).

- RSI Chart Bars (21).

- SonicR Chart Panel.

 

Trading Conditions

 - Chart Timeframe : 1 Minute, 5 Minute.

- Currency Pairs : Major pairs.

- Max Spread : Low Spread

 

Long Position Entry : 

1.     PUX CCI shows green bar.

2.     RSI Chart bars is yellow.

3.     MA 24 is greater than MA 48.

4.     The price is above MA 144 linear Weighted.

 

Short Position Entry : 

1.     PUX CCI shows red bar.

2.     RSI Chart bars red.

3.     MA 24 is less than MA 48.

4.     The price is below MA 144 linear Weighted.

 

Exit Rules : 

- Profit Option : When MA 24 crosses in opposite direction MA 48.

- Stop Loss Option 1 : at 3 pips.

- Stop Loss Option 2 : above or below MA 48.

 

How to install Files?

- Download *.zip file.

- Copy tpl file (Template) to your Metatrader Directory / templates /

- Start or restart your Metatrader

- Select Chart and Timeframe where you want to test your forex strategy

- Right click on your trading chart and hover on “Template”

- Move right to select Template

- You will see Trading System strategy is available on your Chart

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