The double CCI foreign exchange scalping system utilizes smaller time frame for trading such as one minute and five minutes charts. This technique is applicable all trading sessions.
1. RSIOMA v2, Heiken Ashi exit, 2MA crossover and #SpudFibo are the only indicators required for utilizing this trading system.
2. The recommended time frame is one minute or five minutes.
3. This technique is applicable all trading sessions.
4. This system can be utilized on all currency pairs.
How the Scalping System Works
The chart above clearly displays you how the system works. This trading technique delivered two profitable purchase signal for a total of sixty pips gain.
1. Upward trend (Price higher up Heiken Ashi).
2. TrendCCI green in color.
3. RSIOMA higher up sixty five.
1. Downward trend (Price beneath Heiken Ashi).
2. Trend CCI red in color.
3. RSIOMA beneath forty five.
For the double CCI targets, aim ten to twenty five pips.
For the double CCI stop-loss, position ten to fifteen pips.
Utilize this strategy at your own risk. WindsorForex.com cannot be responsible for any losses associated with utilizing any strategy presented on the site. It’s not recommended to utilize this strategy on the real account without testing it on demo first.