Strategy based on the indicators CCI and EMA

Strategy based on the indicators CCI and EMA

Recommended timeframes H1

Trading pairs: All

Timeframe: Н1 and Н4

Indicators:

• Parabolic SAR (0.2, acceleration factor 0.02);

• 8 EMA (exponential moving average with the period 8);

• 28 EMA (exponential moving average with the period 28);

• 30 CCI (indicator Commodity Channel Index with the period 30);

Enter into short positions at the moment when EMA 8 crosses 28 from top to bottom and CCI is below zero.

Enter into long positions at the moment when EMA 8 crosses 28 from bottom to top and ССI is above zero.

Stop-loss:

• For the buy orders stop-loss shall be placed 5 points below the low candlestick, on which the position has been opened. 

• For sell orders stop-loss shall be placed 5 points above the high candlestick, on which the position has been opened.

Exit positions:

At the intersection of the moving average lines in the direction opposite to the opened transaction.