I think this will help some new traders and maybe some who have been around awhile but still can't find those consistant returns.
Use on daily chart only!
indicators
StochRSI 10 70 30
CCI 7 100 -100
Rules
Buy when Stoch RSI is passes over .5000 and CCI is above 0
close when CCI returns to below 0
Sell when Stoch RSI passes below .5000 and CCI is below 0
close when CCI returns to above 0
Using a daily chart this can get you 100 + pips a trade.
Enjoy and good luck. :thumbs up
Full Version: A Simple Chart Set Up
MoneyMakerGroup > MoneyMaking: Markets, Real Estate, Banking, and Investments > Forex > Technical & Fundamental Analysis, Daytrading, & Other Strategies
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what's the time frame?
stochastics above and below 0.5000?
I thought we use it on scale of 0-100?please help me understand. tks mrudula QUOTE (railsh00ter @ May 26 2009, 03:26 AM)  I think this will help some new traders and maybe some who have been around awhile but still can't find those consistant returns. Use on daily chart only! indicators StochRSI 10 70 30 CCI 7 100 -100 Rules Buy when Stoch RSI is passes over .5000 and CCI is above 0 close when CCI returns to below 0 Sell when Stoch RSI passes below .5000 and CCI is below 0 close when CCI returns to above 0 Using a daily chart this can get you 100 + pips a trade. Enjoy and good luck. :thumbs up time frame is daily QUOTE (iamloco @ Jun 30 2009, 08:21 PM) what's the time frame? |
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