Max trend. Versatile forex strategy

Fundamentally simple and effective forex strategy, with singular goal. To find a good price for entry within the trend. CCI oscillator works as a primary signal. Additional measures are taken to improve signal reliability. Those include a simple candle formation (candle overcoming previous candle) and EA waiting for CCI to return back within the neutral zone before entering the trade.

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Backtest and optimize for any currency pair. Trade multiple instruments simultaneously, day and night.

Trade automatically, without errors and emotions. Save your time and energy. 

All those tools combined created a strategy that passed all tests in historical data since 2003 with positive results. Strategy is brought to you by theforexkings together with free EA trading it and suitable for testing.

 

For the best results, trade with professional ECN/STP broker with MT4. If you can't trade with profit. Automatically copy the traders that are already profitable.

 

Used tools and indicators

 

Relative strength index (RSI 150). Oscillator with very high calculation period is used to identify trend/momentum of the market. All entries are only done in the direction of this trend. Adjust buy above zone/sell below zone to modify the sensitivity for trending conditions and not trade zone width (central zone signalizing range in indicators window).

Commodity channel index

 

We will be looking for two signal confirmations.

Candle closing below the low/above the high of previous candle.

CCI returning back to the neutral zone.

 

Max open trade: 11

 

Forex strategy rules

 

SELL

RSI trending below 50 zone. This will signalize downward market momentum/downtrend. Only short trades will be considered.

 

CCI rising above 100 line. Signal is confirmed once it returns back under the 100 line, together with bearish candle closing below the low of previous candle.

We enter short on new candle open.

 

Stop loss: 70 pips

Take profit: 70 pips

 

BUY

RSI trending above 50 zone. This will signalize upward market momentum/uptrend. Only long trades will be considered.

 

CCI falling below - 100 line. Signal is confirmed once it returns back above the - 100 line, together with bullish candle closing above the high of previous candle.

We enter short on new candle open.

 

Stop loss: 70 pips

Take profit: 70 pips

Get MT4 expert advisor trading this forex strategy

For the best results, use this forex strategy with one of our trusted forex brokers

(STP/ECN with MT4 bridge).

To win you must trade with broker on your side.

 

Disclaimer:  Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

 

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THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com