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Forex Strategy “FX Prime”

This strategy can be utilized to any currency pair with the time interval of M1. It uses the following indicators: CCI, EJ_CandleTime, RCI, Pivot, Fibo, DoublecciWoody, Heiken_Ashi_Smoothed.

The volume of transactions depends on the size of deposit.

This strategy gives more than 80% of profitable trades. Trading should be conducted between 9 a.m. and 5 p.m. Moscow time. Safety stop-loss for every position is 10 points.

Open a buying deal if

  1. SCI is higher than the 0 line and demonstrates that the trend is up.
  2. CCI is also higher than the 0 line and demonstrates that the trend is going up.
  3. The RCI is higher than 55!

Open a selling deal if everything that was mentioned above is vice versa.

The trade should never be conducted against 5-minute trade. If the M5 is moving down and the signal in the chart appears, do not open the transaction, because it is just rolling back. Open a transaction only when the price falls. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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