EMA8(blue), SMA26(red),CCI55(with zero as centre readin),CCI34(with zero as centre reading),and RSI26(with 48 as centre reading)
thats all about my system, u can see its so simple.
did u all know that CCI is the most powerful momentum there is???i dont think u know cos its rarely use by forex trader. the rules will posted in the next post
meanwhile i want you guys setup the template and tell me what u feel
HERE ARE THE RULES
BUY
when EMA crosses SMA to the upside, CCI55 and CCI34 crosses the zero reading and RSI26 crosses the 48 reading
SELL
the reverse of buy
1) never take a trade if one of the indicators is doing otherwise of the other indicators
2) if all the requirement is meant for the trade, the next thing to watch for is the deviation of the PA from the MA crosses
3) Never take a trade with opposing candle ( i mean dont go long with a closed bear candle and vice verse)
4) before taking a trade wait for the current candle to close meaning only take a trade at the opening of another candle
5) if the deviation of the PA from the MA is wide wait for the price consolidation towards the MA and obey rule 3&4 before taking a trade
all the rules work hand in hand
:cool::cool::cool:
thats all about my system, u can see its so simple.
did u all know that CCI is the most powerful momentum there is???i dont think u know cos its rarely use by forex trader. the rules will posted in the next post
meanwhile i want you guys setup the template and tell me what u feel
HERE ARE THE RULES
BUY
when EMA crosses SMA to the upside, CCI55 and CCI34 crosses the zero reading and RSI26 crosses the 48 reading
SELL
the reverse of buy
1) never take a trade if one of the indicators is doing otherwise of the other indicators
2) if all the requirement is meant for the trade, the next thing to watch for is the deviation of the PA from the MA crosses
3) Never take a trade with opposing candle ( i mean dont go long with a closed bear candle and vice verse)
4) before taking a trade wait for the current candle to close meaning only take a trade at the opening of another candle
5) if the deviation of the PA from the MA is wide wait for the price consolidation towards the MA and obey rule 3&4 before taking a trade
all the rules work hand in hand
:cool::cool::cool:
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