Recommended timeframes M5
Trading pairs: the strategy fits all instruments.
Timeframe: M5 and higher.
Indicators:
- 200 CCI,
- 10 EMA (red)
- 21 EMA (blue),
- 50 EMA (green),
- Pivot Levels.
When to open long positions:
200 CCI > 0
10 EMA > 21 and 50 EMA
When top open short positions:
200 CCI < 0
10 EMA < 21 and 50 EMA
When to exit:
Take Profit: at Pivot levels or after the 10 EMA and 21 EMA cross each other in the opposite direction.
Stop-loss: 12-15 points.
Buy:
Sell: