Strategy “Trading system CCI and EMA”

Strategy “Trading system CCI and EMA”

Recommended timeframes M30

Instruments: All

Timeframes: M30 and above

Indicators:

• EMA with the period 8;

• EMA with the period 28;

• Commodity Channel Index CCI with the period 30

Conditions for entering into transactions to:

Buy: 8EMA crosses 28EMA from bottom to top, the line CCI is above 0.

Sell: 8EMA crosses 28EMA from top to bottom, the line CCI is below 0.

Stop Loss:

For long positions:  20 points below the entry point.

For short positions: 10 points above the entry point.

Take profit:

Generally, it is at 50 points; it is also recommended to exit upon reaching the levels of support/resistance.