Cci sCALPING

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hey guys welcome back to another episode in this video we will be going through our very simple yet

profitable the cci zero line cross trading strategy as usual we'll have plenty of practical examples the
idea is to fully understand this wonderful trading strategy and to make the most out of it if you want
more videos more often please smash the like button subscribe and turn on the notifications bell
and share this video across your whatsapp facebook accounts or twitter to show your support the
very important point before we start everything we discuss in this video can be used for currency
trading stock trading and crypto because price action stays relatively consistent across different
assets so we're going to go very in depth in this video the cci zero line is a trading strategy that uses
the charting of the trading price of an asset to determine the entry point the strategy uses a short
term time frame with two long-term commodity channel index or cci and a single exponential
moving average the trade is based upon the cci crossing over the zero line while the price is on the
correct side of the moving average the cci displays the momentum of the price as a value either
above or below zero when the cci is above the zero line the price has upwards momentum and when
the cci is below the zero line the price has downwards momentum when the cci is crossing the zero
line the momentum is switching from one direction to the other the cci zero line cross trading
system use this change of direction as its entry point and uses the price in relation to the moving
average as a direction confirmation the default trade uses a one-hour time frame chart a 50 bar cci a
25 bar cci and a 34 bar exponential moving average the following step-by-step tutorial of the cci zero
line crosstrait will use the gdp us forex market but exactly the same steps should be used on
whichever markets you are trading with this trade step number one open a chart open a one hour
time frame chart the one hour chart offers flexibility in terms of what you want to do the market
moves slow enough for you to be able to analyses the chart for trading opportunities and also
generates enough trades so you have lots of decent chances of making money also the size of the
stop loss will be much lower than if you were trading the daily chart step number two add the cci
and an exponential moving average the cci zero line cross trading strategy has a chart configuration
with two windows the first window should contain your favorite market combined with 34 period
exponential moving average the second window should contain the 25 period cci and 50 period cci
attached to it in this video i've included a template with the system that you can simply upload to
your chart and it will automatically plot all these indicators perfectly on your charts so there's
nothing for you to worry about get the download link on the description using the cci is a trend
indicator the commodity channel index for cci is a momentum based oscillator used to signal the
strength of the trend when a trend exhibits strong momentum there is a high probability that price
will continue rising or falling in this case the commodity channel indexer cci is a momentum based
oscillator used to signal the strength of the trend when a trend exhibits strong momentum there is a
high probability that price will continue rising or falling this means you can expect price to continue
in the same direction so the next time you want to know how strong the trend of a security is simply
look at what the cci indicator is suggesting in this example you have the 34 period exponential
moving average for ema applied to the price chart when the price rises above the 34 period
exponential moving average it signals an uptrend when the price falls below the 34 period
exponential moving average it signals a downtrend to confirm the 34 period ima trend we use the cci
indicator as you can see the price starts to rise every time the 50 bar cci and the 25 bar cci rise above
the zero level and the price starts to fall every time the 50 bar cci and the 25 bar cci falls below the
zero level step number three watch the market watch the market and wait until the market is active
and moving decisively our team at trader dna has found out through extensive research that the
best trading time is the 8 a.m eastern standard time to noon overlap of the new york and london
exchanges it's the busiest times during the trading day because there is more volume when two
markets are open at the same time step number four wait for the zero line cross wait until the 50
period cci crosses the zero line while the 25 period cci is on the correct side of the zero line and the
price is on the correct side of the moving average this means that if the 50 period cci crosses above
the zero line the 25 period cci should also be above the zero line and the price should close above
the moving average and vice versa if the 50 period cci crosses below the zero line if either the 25
period cci is on the wrong side of the zero line or the price is on the wrong side of the moving
average that is cci crosses above while price closes below the moving average the trade has not met
its requirements and should not be entered step number five enter your trade enter your trade
when the high or low of the entry bar or the bar when the 50 bar cci cross the zero line is broken by
a subsequent bar as soon as your entry order has been filled make sure that your trading software
has placed your target and stop loss orders or place them manually if necessary step number six
watch for the exit signal in addition to the target and stop loss orders the zero line cross trade
includes an exit and reverse signal if an entry in the opposite direction is signaled before either the
target or stop loss orders have been filled the trade should be exited and reversed for example if the
original trade was a long trade then the new trade would be a short trade and vice versa if a new
trade is entered you should make sure that any pending orders from the previous trade have been
cancelled and that new exit orders are placed either manually or automatically by your trading
software a trade that is exited because of an exit signal can be either a winning trade or a losing
trade depending upon the price at the exit here are other examples of the cci zero line cross trading
strategy to fully understand this wonderful trading strategy and to make the most out of it [Music]
so [Music] so [Music] so [Music] so [Music] so [Music] so [Music] [Applause] [Music] so [Music] so
[Music] [Applause] [Music] the cci is one of the best market trend and momentum indicators the
commodity channel index indicator helps traders understand the way a stock forex commodities and
cryptocurrencies moves more easily as always if you learn something new or if you want more
videos more often make sure you subscribe click the notification bell and share this video across
your whatsapp facebook accounts or twitter to show your support see you next time [Music] [Music]
you

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