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117# Commodity Chanel Index System

CCI multitime frame strategy

 

Submit by
Django 13/04/2014

 

Commodity Chanel Index System is based on CCI indicator and is an forex strategy multitime
frame.

Currency
pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, EUR/GPY, GBP/JPY

TimeFrame 15
min or 60 min.

 

Forex indicators:

Exponential
moving averages 3 periods,

Exponential
moving averages 5 periods,

Exponential moving averages 13 periods,

Commody
Channel Index 21 periods with fixed levels (90, -90, ).

 

Rules
Commodity Chanel Index System

 

Short
Entry

open 5min
chart and check the last down swing.

Open 15 min
chart and check that the there is a trend down 3 Ema< 5 Ema < 13 Ema.

Entre trade
when on the 5 min chart the commodity channel index broken -90 level on the cci indicator.

 

Long
Entry

open 5min
chart and check the last up swing.

Open 15 min
chart and check that the there is a trend up 3 Ema> 5 Ema and 13 Ema.

Entre trade
when on the 5 min chart the commodity channel index broken +90 level on the cci indicator.


For time Frame 60 min switc at the 15 min chart.

 

 

Exit position

When on the 15 min chart 3 EMA crosses 5 Ema and 13 Ema in opposite direction or with profit target
perdetermined.

Initial stop loss on the previous swing.


 

In the picture Commotity channel Index system in action.

Commodity Chanel Index System

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