I would like to share an highly consistent and simple short-term trading strategy, involving just two indicators: CCI and EMA.
Setup:
- CCI: 233
- EMA: 233
- Source: hlc3
- Chart: 1-hour
Setup:
- CCI: 233
- EMA: 233
- Source: hlc3
- Chart: 1-hour
How it works:
1. CCI, like most indicators, indicates direction, above 0 is bullish; below 0 is bearish.
2. We use EMA for optimization. When CCI crosses EMA and pulls back, enter a trade in the direction CCI is heading.
3. Watch for reversals in overbought/sold areas (+/-200).
1. CCI, like most indicators, indicates direction, above 0 is bullish; below 0 is bearish.
2. We use EMA for optimization. When CCI crosses EMA and pulls back, enter a trade in the direction CCI is heading.
3. Watch for reversals in overbought/sold areas (+/-200).
It is a very simple strategy, helps me a lot, especially when it's hard to guess price action.
For better results, you should combine this with other strategies such as order blocks, support/resistance, etc. This will give you high-probability setups.
For better results, you should combine this with other strategies such as order blocks, support/resistance, etc. This will give you high-probability setups.
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