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Scalping Parabolic Sar + CCI strategy

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1parabolic - Scalping Parabolic Sar + CCI strategy Empty Scalping Parabolic Sar + CCI strategy Fri Aug 21, 2015 6:40 pm

H.W.FX



Scalping Parabolic Sar + CCI strategy
Recommended timeframes M1

This strategy is based on Parabolic Sar and Commodities Channel Index indicators. That's an impulse scalping strategy founded on the current price trend.

Tools: EURUSD, AUDUSD, GBPUSD.

Тime-frames: M1, M5.

Indicators:

   EMA50  on M1 time-frame
   EMA21 on M5 time-frame
   CCI (45).
   Parabolic Sar (0.02, 0.2)

Long positions should be opened when the point of the Parabolic Sar indicator is located above the EMA's line and the value of the CCI indicator is more than 100.

Short positions should be opened when the point of the Parabolic Sar indicator is located below the EMA's line and the value of the CCI indicator is less than 100.

Exit point:

Target: EURUSD (7-12 points), AUDUSD (5-8 points), GBPUSD (7-15 points).

Stop Loss level should be placed at the EMA level.

Buy
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Sell
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