Forex trading strategy – Profitable Trading System with MACD and CCI

Forex trading strategy, easy profit making Trading System with MACD and CCI forex indicators.

Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices.

CCI is a very popular indicator used in Forex world . forex traders to identify oversold and overbought conditions by the most famous RSI or Stochastics is used.

But the conditions are of 30 and 70 representing oversold and overbought areas, and CCI uses -100 and +100. that is the difference.

Again I tell you one thing clear on every my post. Big No best forex trading strategies ever existed anywhere. It takes time to become profitable in Forex, so don’t be disappointed if your first experience is more about losses than wins,

Please trade demo trade until you’re confident then you can switch to live account, one more but if you like to trade real now, make sure you trade don’t put your entire money please trade the smallest lots possible.

Trading System Rules:

Enter long position:

  1. The Zig Zag has formed a low swing point.
  2. Both the CCI 34 and CCI 46 cross the zero line below and;
  3. MACD is above zero;
  4. you could also enter when both CCI 34 and 46 cross the 100 level if the condition 1 and 3 are met
  5. Aim to take profit of not more than 5 pips (TF 5) 8 pips (TF15) on EUR/USD
  6. Exit on take profit or when the swing point of the Zig Zag is high or wichewer one comes first.

Enter short position

  1. The Zig Zag has formed a high swing point
  2. Both the CCI 34 and CCI 46 cross the zero line above
  3. MACD is below zero
  4. you could also enter when both CCI 34 and 46 cross the 100 level if the condition 1 and 3 are met.
  5. Aim to take profit of not more than 5 pips (TF 5) 8 pips (TF15) on EUR/USD
  6. Exit on take profit or when the swing point of the Zigzag is low or whichever one comes first.

Forex trading strategies Chart Setup:
Zig Zag;
MACD 21, 89,1; set on close
CCI 34 set on close
CCI 46 Set on close but superimposed at the same window as CCI 34.

It is also best forex trading system for beginners.

Download trading system forex

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