Seven CCI Binary Options Trading Strategy
Seven CCI binary options strategy is a trend-momentum strategy based on CCI and exponential moving averages. This strategy can be good for scalping and for intraday trading. This trading system is also good for scalping and intraday trading. This method enables you to trade in the direction of the trend. This is applicable on a 5-minute or 15-minute timeframe and has an expiry time of 4-5 candles.
General Rules:
- The trend is up when exponential moving averages lines magenta are above EMA’s lines blue.
- The trend is down when exponential moving averages lines magenta are below EMA’s lines blue.
MT4 Indicators:
- Exponential Moving Averages 60 close, color blue;
- Exponential Moving Averages 50 close, color blue;
- Exponential Moving Averages 45 close, color blue;
- Exponential Moving Averages 40 close, color blue;
- Exponential Moving Averages 35 close,color blue;
- Exponential Moving Averages 30 close,color blue;
- Exponential Moving Averages 15 close,color magenta ;
- Exponential Moving Averages 10 close;color magenta;
- Exponential Moving Averages 8 close;color magenta ;
- Exponential Moving Averages 5 close; color magenta;
- Exponential Moving Averages 3 close; color magenta;
- Commodity channel Index (CCI 21 close, color magenta);
- Commodity channel Index (CCI 25 close, color magenta);
- Commodity channel Index (CCI 30 close, color magenta);
- Commodity channel Index (CCI 35 close, color blue);
- Commodity channel Index (CCI 40 close, color blue);
- Commodity channel Index (CCI 45 close, color blue);
- Commodity channel Index (CCI 50 close, color blue);
Call Entry:
- EMA’s lines color magenta must be above EMA’s lines color blue.
- CCI lines color magenta must be above CCI lines color blue and zero level.
- Place “call” order at the opening of the next bar.
Put Entry:
- EMA’s lines color magenta must be below EMA’s lines color blue.
- CCI lines color magenta must be below CCI lines color blue and zero level.
- Place a “put” order at the opening of the next bar.
For Scalping:
Time Frame 5 min, 15min.
Currency Pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/JPY.
The rules for buy and sell are the same.
When the price is within the bundle of the moving averages do not trade.
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