Forex trading strategy #30 (Leading Trading Strategy)
Submitted by User on January 27, 2010 - 20:12.
Strategy by Mennzz
Here's a Leading Trading Strategy.
Hope you Enjoy!
Time Frame: Daily, Weekly, Monthly.
Currency: Most currencies are accurate.
Indicators: EMA(3), MVA(4),CCI(14), STOCHASTIC(5,3,3).
Basic info: Enter a buy trade when the CCI line crossed the -100 mark, and the stochastics cross sooner or later, and the EMA-MVA cross sooner or later. Do the opposite for sell trades. Sell when the CCI line crosses the 100 mark......
This is a leading strategy, so it may give some false signals. Otherwise, its one of my best.
(Note: This strategy was back-tested for 1 month.)