CCI Scalping System Commodity Channel Index Scalping For MT4

CCI  Scalping System Commodity Channel Index Scalping For MT4

Table Of Contents:

  1. CCI Scalping System Commodity Channel Index Scalping For MT4
  2. CCI scalping forex trading strategy – Long positions
  3. CCI scalping forex trading strategy – Short positions
  4. Is the CCI scalping forex trading strategy good for you?


Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.


The CCI Scalping System Commodity Channel Index Scalping For MT4 , as the name suggests makes use of the CCI or the Commodity channel index indicator. This trading system can be used for short term trading set ups. This means that you can use the CCI scalping forex trading system on the short term intraday charts.

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However, having tested the CCI scalping forex trading system, it can also be used on a medium term to long term charts. It depends on how you want to traed and make use of this trading strategy. The CCI scalping forex trading system primarily use two different versions of the commodity channel index. Firstly, we have the regular CCI oscillator in the subwindow. This setting makes use of the default 14 period lookback period. The CCI oscllator moves around the values of -100 and +100. Overbought and oversold levels are signaled as and when the CCI oscillator moves in and out of the said levels.

On the price chart, we have the TCCI indicator. This is a custom indicator. It plots a continous line and looks similar to a moving average line. However, this line changes colors as and when the price moves up or down. When priecs are trending lower, the TCCI indicator turns red. This signals that you can take a short position in the market. Likewise, traders can look for long positions if they see the TCCI indicator turning green, suggesting that the markets are moving higher.

If you closely observe the charts, you will see that the TCCI indicator tends to change from red to green or vice versa as and when prices are making a small corrections. Therefore, when you combine the information given from the TCCI indicator and the CCI oscillator, you get the CCI scalping forex trading system.

In some ways you could also apply your own methods to enhance this trading system. It is quite simple and after you have had enough practice, you could look at implementing your own trading rules.

In this article, we will look at the basic bare bones method of trading with the CCI scalping forex trading system. The signals generated are not 100% accurate and there will be some subjectivity involved. But as mentioned, once you get the gist of trading with the CCI scalping forex trading system, you can then implement your own additional filters in order to trade more efficiently using the CCI scalping forex trading system.

CCI scalping forex trading strategy – Long positions




To take long positions in the market using the CCI forex scalping system, start with applying the template on the charts. Ideally, we need to see the TCCI indicator in the red. This suggests that price is moving lower. However, the alert for positions come in when you see the TCCI indicator turning green.

This usually happens after price has made a swing low and continues higher. The TCCI indicator turns green when price closes above this indicator. Once this happens, look to the CCI oscillator. We need to see this oscillator turning higher from at or above the -100 level.

This signals that the market is moving from an oversold condition. When both the TCCI and the CCI oscillator are signaling a long position, you can then go long at the open of the next candlestick. Set your stop loss to the recent swing low that has formed. Following this, you can set a fixed risk to reward set up.

Alternately, if you have the time you could keep an open target and watch the charts. You can close out your long position when you see price moving below the TCCI indicator. In some cases, you could also look at the CCI oscillator moving out from the overbought levels as well.

One thing to bear in mind is that the TCCI indicator can shift to red, but still maintain the uptrend. These are nothing but short term corrections within the trend. Therefore, if you want to hold on to your positions when the trend is strong, you should simply move your position to break even and continue to monitor the trade.

CCI scalping forex trading strategy – Short positions




For short positions in the market using the CCI forex scalping system, start with applying the template on the charts. Ideally, we need to see the TCCI indicator in the green. This suggests that price is moving higher, in an uptrend. The alert for short positions come in when you see the TCCI indicator turning red.

This happens after price has made a swing high and reverses direction. The TCCI indicator turns red when price closes below this indicator. When this happens, look to the CCI oscillator. We need to see this oscillator turning lower from at or below the +100 level.

This signals that the market is moving from an overbought condition. When both the TCCI and the CCI oscillator are signaling a short position, you can then go short at the open of the next candlestick. Set your stop loss to the recent swing high that has formed. Following this, you can set a fixed risk to reward set up.

Alternately, if you have the time you could keep an open target and watch the charts. You can close out your short position when you see price moving above the TCCI indicator. In some cases, you could also look at the CCI oscillator moving out from the oversold levels as well.

One thing to bear in mind is that the TCCI indicator can shift to green, but still maintain the downtrend. These are nothing but short term corrections within the trend. Therefore, if you want to hold on to your positions when the trend is strong, you should simply move your position to break even and continue to monitor the trade.

Is the CCI scalping forex trading strategy good for you?


The CCI scalping forex trading strategy, as demonstrated in this article is a very simple forex trading strategy. There are just two technical indicators of which only one is a custom indicator, which happens to follow the rules of the commodity channel index.

Trading this strategy on its own does not give great rewards, but once you get familiar, you can apply your own additional rules to further better this trading system.

Download the complete system description and the files here:

FREE CCI Scalping System Commodity Channel Index Scalping

Download the FREE CCI Scalping System Commodity Channel Index Scalping for MT4.

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