Take advantage of rapid movements on smaller time frame’s such as the 1 minute and 5 minute charts with the Double CCI scalping system strategy.
Let’s get started with the used trading indicators.
Indicators: RSIOMA_v2, 2MA Crossover, Heiken_Ashi_Exit, DoublecciWoody, #SpudFibo
Time frame(s): 1 Min, 5 Min
Trading sessions: All
Currency pairs: All
How The Scalping Strategy Works
The illustration below clearly shows you how this strategy works. This system issued 2 profitable buy signals for a total 60 pips profit.
A. Buy Entry
- UpTrend ((Price above Heiken Ashi)
- TrendCCI Green Colored
- RSIOMA above 65
B. Sell Entry
- DownTrend (Price below Heiken Ashi)
- TrendCCI Red Colored
- RSIOMA below 45
Double CCI Target & Stop-loss placement
Targets: 10-25 pips
Stop-loss: 10-15 pips