Guys,
Setup for this system is rather easy.
1) 15M EU chart.
2) BOL set to 20.
3) Sidewinder as indicator
4) Woody CCI : Entry 6, Trend 14.
5) Stoch RSI (14,10,3)
Basic rules
Sell Entry rules,
1) When price crossing upper limit of BOL and the BAR is up BAR.
2) Woody trending 14 DO NOT have more than 6 positive BAR.
3) Side winder turn RED (this is not very important but for secure more filtering only, I not use it normally)
4) Storch RSI > 90 (SELL signal), <10(Buy Signal)
Exit SELL rules
1) SL 200 pip (hardly get hit by this rules)
2) exit if this BAR is not in profit within a BAR.
3) Trailing stop of 15 pip to protect your profit.
Always set the SL to BE if possible and let the Trailing stop do the rest.
check on the example setup screen.
we enter the first 2 trades but not the 3rd trade which CCI rules is not meet.
Happy hunting...
Setup for this system is rather easy.
1) 15M EU chart.
2) BOL set to 20.
3) Sidewinder as indicator
4) Woody CCI : Entry 6, Trend 14.
5) Stoch RSI (14,10,3)
Basic rules
Sell Entry rules,
1) When price crossing upper limit of BOL and the BAR is up BAR.
2) Woody trending 14 DO NOT have more than 6 positive BAR.
3) Side winder turn RED (this is not very important but for secure more filtering only, I not use it normally)
4) Storch RSI > 90 (SELL signal), <10(Buy Signal)
Exit SELL rules
1) SL 200 pip (hardly get hit by this rules)
2) exit if this BAR is not in profit within a BAR.
3) Trailing stop of 15 pip to protect your profit.
Always set the SL to BE if possible and let the Trailing stop do the rest.
check on the example setup screen.
we enter the first 2 trades but not the 3rd trade which CCI rules is not meet.
Happy hunting...
