Strategies group (4)

04.12.2015 09:00

Strategy 25

 

Hello,

I'm using the well-known CCI strategy with some small extensions, mainly on 1H EUR/USD and 1H USD/CHF with one CCI(20) and a CCI(72):

When CCI(20) crosses or even hits +/-100 at the close of the 1H candle, I go for Long/Short.

Basically you should close the position if it hits the +/-200 but when the CCI(72) is still on the opposite side of the 0-line, don't wait for the 200 hit, just watch and close it when it breaks out. It can still hit 200 but I think it's statisticaly better to wait for larger profits and let the position hit 200 mostly when the CCI(72) confirms the CCI(20)'s signal by at least being on the same side of it's 0-line. Example: if CCI(20) hits +100 and CCI(72) is above 0, then there's a good chance that it'll be a longer run, not just a breakout. Chances even better if CCI(72) also hits +/-100 or already above it.

 

An extra rule:
If CCI(20) jumps instantly above or under +/-200 from the -100 to +100 range with a greater breakout then open as you'd have opened for the normal 100 crossing, just wait until price crosses the +/-200 again, then close... it happen to work.

 

Optimal profit:
When the CCI(20) doesn't confirm, then you can expect 20-30 before falling back to the -100>+100 zone... there is a chance it still going to hit 200 and produce a large breakout, it's up to you to take the risk in these situations.

 

False signals, losing trades:

There are of course... Sometimes price just hits the 100 on CCI(20) but it'll turn instantly or go up to about +10 pips but after that it just falls back to the general zone.

You have to close a position even if it's losing when the CCI(20) goes back to the -100>+100 zone at the close of the 1H candle.

Losing trades tend to hit a maximum of -40pips... extreme news triggered opposite side breakouts can hit -70pips... but a good profitable trade can hit +50, +150.

The strategy's weakness is ranging market. It still works just produce more losing trades however with small -3, -5 pips. If the ranging doesn't take long, you can trade and at the end, the breakout will probably give back the minuses.

Well, I think that is all I can tell about this strategy. Here's a screenshot about 1H EUR/USD with the yellow lines as profitable trades and the blue lines as losing trades.

 

 

 

I hope you'll have good experience with this and waiting if anyone finds more repeating patterns in it that will help us sort our trades.

 

 

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Strategy 24

 

Currency: EUR/USD
Time Frame: 1 Hour

Indicators: EMA 50 & SMA 3 on chart. Full Stochs (50, 60, 30) with an EMA 8 attached. MACD (65, 75, 35) with an EMA 8 attached.

 

Stop Loss: 50 pips, or use a trailing stop.. Still figuring out what's best.
Take Profit: 100 pips, or just wait for a new signal. My personal target is about 100 pips, price could go even higher/lower but I'm happy with 100 pips per trade.

Enter a position when the SMA 3 has crossed the EMA 50 on chart, and MACD or Full Stochs has crossed the EMA 8! It doesn't have to cross the original signal line yet, this will happen a few moments later. I don't want to miss accelerations in price movement, so that's why I decided to add an EMA 8 to the indicators, just to get trade signals a little earlier.

So, enter a trade when EMA 50 and SMA 3 have crossed AND Full Stochs OR MACD have crossed their EMA 8. Remember, you don't have to wait for the MACD or Stochs to cross their own signal line, just crossing their EMA 8 is enough, but never enter a trade before the EMA 50 and SMA 3 have crossed too!

 

 

 

 

 

This is a simple system, but it has worked very well for, making over 100 pips a week which is totally fine for me. It filters many bad trades and the risk/reward is okay (1:2).

 

 

 

 

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Strategy 23

 

Indicators:
EMA 14 applied to high
EMA 14 applied to low
Parabolic SAR (step 0.02, 0.2)

Time frame: 1hr
Currency: any but I prefer EUR/USD

Entry: place a buy order when price closes above the 14 high and PSAR is also under the candle, while you place a sell order when price closes below the 14 low and PSAR is above the candle.

SL is 50-60pips while take profit is 60-100pips.

Re-entry could be made if prices are still under or above the channel of the 14 high and low and PSAR reverses then ligned up again in the direction of the channel.

 

 

When the MACD Line and Signal Line cross, wait for the Stochastic to cross in the same direction!! (Don`t trade if Stochastic in overbought/oversold zones)If you are an agressive trader you can enter when the MACD and Stochastic cross at the same time, otherwise once the MACD has crossed, wait for the Stochastic to cross before entering. (The MACD must cross first!!)

Exit the trade when either the price action is clearly showing a change in direction (Long - Lower Highs) - (Short - Higher Lows) or the MACD lines cross back.

 

Purple = MACD/Signal Line Cross. Red = Stochastic cross / Entry. White = Exit