This strategy is based in two indicators! Witch are the Simple Moving
Average - SMA (200) and the Commodity Channel Index - CCI (15). The
SMA is a simple, or arithmetic, moving average that is calculated by
adding the closing price of the security for a number of time periods
and then dividing this total by the number of time periods. The CCI is
used to identify a new trend of warn of extreme conditions, measuring
overbought and oversold levels. This strategy is used to negociate the
pair EURUSD. And i use it in a time frame of 1 minute period. For the
orders are placed to the market, this system analyzes and sets off a
series of routines: First, set it in Target Point or Stop Loss value.
So I have a 10 pips target(take profit) and a 30 pips stop loss. SMAs
conditions: First, the Close price of the last candle has to be above
than the Simple Moving Average, at the same time, the bid close price
must to be lower than the SMA. If the system finds all conditions,
then it goes into Sales positions And these are the conditions for
entry into position Sell. For the inverse situation: First, the Close
price of the last candle has to be below than the SMA. If the system
finds all those conditions, then it goes into the Purchase position
And these are the conditions to place long positions. Once placed
orders in the market, these will only close it, when finding a10 pips
TP or SL of 50PIPS . As you can see I used a fix volume to trade. The
CCI will only help to confirm a trend so this strategy is based in
SMA, the CCI will help for a second check.