SAR-CCI is a forex scalping strategy based on the three standard indicators. It is simple strategy good for small time frames.
Settings
- Pair: EUR/USD, AUD/USD, GBP/USD
- Time frames: M1 and M5
- Indicators: SMA(50) for M1 TF, SMA(21) for M5 TF, CCI(45); Parabolic SAR (0.02, 0.2).
Buy Signals
- The Parabolic SAR dot and the candlestick are higher than SMA line.
- The Parabolic SAR dot is below the candlestick.
- CCI(45) is higher than 100 level.
- At the opening of the next candlestick – buy.
Sell Signals
- The Parabolic dot and the candlestick are lower than SMA line.
- The Parabolic SAR dot is above the candlestick.
- CCI(45) is below the -100 level.
- At the opening of the next candlestick – sell.
MONITORING OF A DEAL
- Stop Loss placed on the SMA line.
- Profit Targets are 7-12 pips for EUR/USD, 5-8 pips for AUD/USD, 7-15 pips for GBP/USD.
- We can use Trailing stop when profit of a deal is a min of these diapasons.