Timeframe: Any
Recommend pair: Any major pair
Indicator: CCI
Platform: MT4, TradingView
Long trade setup
Entry
The CCI must be near the negative level, mentioning an oversold level.
Take-profit
Set take-profit when the CCI reaches a positive level.
Stop-loss
Place a stop-loss at the recent low from the entry point.
Example:
The chart below shows when the CCI reaches the negative level, we enter the trade, and when the indicator moves to the positive level, we exit the trade.
Long trade setup
Short trade setup
Entry
The CCI must be near the positive level, indicating an overbought level.
Take-profit
Set take-profit when the CCI reaches a negative level.
Stop-loss
Place a stop-loss at the recent high from the entry point.
Example:
The chart below shows when the CCI reaches a positive level, we enter the trade, and when it moves to a negative level, we exit the trade.
Short trade setup
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