CCI scalping strategy full strategy review, in this article we are going to see how this strategy can help you turn a small account into a big account in little time, this is a system or strategy that changes everything, I have embed a video that will help you understand how this strategy work in case you did not understand this article.
CCI scalping strategy
This strategy consist of only 3 indicators from the default mt5 or mt4, and of course you are going to love it for sure, we only need the 3 indicators to confirm from each other once that happen we take a short for buy or sell.
Setting up the strategy
Just as I mention earlier in this article we are going to add 3 indicators from either mt5 or mt4, the first indicator to add to the chart is CCI commodity channel index, drag and drop it into your chart and then make sure the period is 25, add level zero and any color of your choice.
The second indicator to add is CCI again this time with the period of 50, add level zero and any color of your choice.
The last indicator to add is the MA moving average, and the MA method should exponential with a peroid of 34 and of course any color of your choice, now the moving average will help you understand or show you the trend direction, while the CCI will help in confirmation.
How to trade with this strategy?
To trade with the CCI Scalping Strategy it is simple, as you can see I have embed a video to help you fully understand how the whole process work. First to enter a buy position you will have to wait until you see the CCI signal line crosses above the zero level.
I mean for both CCI with the peroid of 25 and 50, then you will have to wait and see that the price also have crosses above the 34 peroid exponential moving average and once that happen that is the best time to go for long.
To enter a sell position you will have to wait until you see the CCI signal line crosses below the zero level, I mean for both CCI with the peroid of 25 and 50.
Then you will have to wait and see that the price also have crosses below the 34 peroid exponential moving average and once that happen that is the best time to go for short.
Now that you understand how to use this strategy to trade forex, let me also introduce you to this marvelous Forex currency pair scanner, this scanning machine is capable of scannel through all the currency pairs both major and minu, and of course the metals and oil are not left behind.
No thick eBooks to check out or intricate software to install live charts of the very best trending currency pairs and time frames Audible notifications, email signals
Read more article: Foreign Exchange Market Today
User friendly interface
Optionally, you can select/ deselect pairs or timespan from the auto analysis and more alternatives Quick overview of the patterns on perpetuity frames. Now a special reward! Automated chart analysis acknowledging “Triangles, Flags, Wedges and Trend Lines” on 34 currency pairs and all amount of time!
Understanding the trend is vital. Sure, you have actually experienced times when you got in the trade and waited throughout the choppy zone while some other set was making a strong move. Trading the market that shows up and down and reclaims all the profits during a series of losses seems like a slow abuse.
Forex Trendy is a software application option to prevent trading throughout uncertain market durations. Instead, pick the very best trending pair at the present time. It uses no signs, but the trend is identified by pure price action.
It rapidly scans 34 Forex pairs on all time frames from minute to month-to-month. That’s 34 x 9 = 306 charts. Forex Trendy evaluates all the charts for you every second! This way, you get the best trending pair and amount of time at any time you desire.
The software runs on our powerful computer systems so you immediately get the result online. You can use your preferred trading platform such as MetaTrader, NinjaTrader, TradeStation … and there is nothing you have to download or set up. It is very easy to use.
The reality is that most Forex systems or robots generate income with the trend, however lose cash in a choppy market. For example, imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. By following the trend you would considerably increase the chances of winning.
If you increase the chances of winning by just 20%, that would make 70% winning trades and 30% losing trades. This can make the distinction between losing (or breaking-even) and winning. To put it simply, by following the very best trend it can only be better.
Prevent dealing with the erratic market turmoil when the trend instructions is uncertain. Take just positive trades in the best markets at the present time.
Understanding the trend is essential. The truth is that many Forex systems or robotics make money with the trend, but lose money in a choppy market. Envision you trade a system that makes 50% winning trades, however another 50% are losing trades.
Read more article: Foreign Exchange Market Definition
This type of strategy is only recommended if you have some experience with Binary Options trading and scalping in general. Of course, because no one is fond of losing money, it’s best to use this strategy for practicing purposes.
If you do follow this strategy and bet gradually and only when you feel the candles are looking good, then you shouldn’t have any problem using the CCI Scalping Strategy to grow your account fairly quickly.
For those traders who would like to have a long term learning curve and learn new methodologies, CCI scalping strategy is among the best strategies available. Granted that it can be used by both novice and expert traders.
CCI scalping systems/indicators are suitable for all levels of traders. Following a trading plan will help to become a successful trader with this system.
The CCI Scalping Trading Strategy can be applied to all Forex Currency Pairs and all time frames with great success. The system is very easy to follow and the CCI technical indicators are available on all popular Forex Brokers Platforms.
Please feel free to leave any comments or questions in the comment section below and I’ll do my best to get back to you as soon as possible.
The Cci Scalping System utilizes a basic JMA system, Black and White charts of various timeframes, custom indicators, support and resistance levels, the ability to execute trades by candle or CCI bar based upon price action and trade management tools to ensure that you always have a plan.
If you have any questions about the Cci Scalping Strategy or would like to discuss forex trading in general we would love to hear from you and help you develop your trading skills into a profitable strategy.
Read more article: Learn Forex Trading Step by Step
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